401/5-7 Nelson Street, Mackay, QLD 4740 | Property Value & History | OnTheHouse
OFF MARKET

401/5-7 Nelson Street
Mackay QLD 4740

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 19 Jan 2026
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Property Details for 401/5-7 Nelson St, Mackay

401/5-7 Nelson St, Mackay is a 2 bedroom, 2 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Mackay Regional

Last Listing description (December 2021)

SOLD by Eleni Karambasis ... More needed call 0418 778 420! Certainty Delivered.

Price reduction - Excellent Investment Return
A solid long-term investment opportunity with excellent returns of $2166.67 per month is sure to appeal. Current lease ends 30 March 2022.

This spacious ultra-modern, tastefully and well-appointed apartment is fully furnished, on the 4th floor of the 'Riviera' Apartment Complex and boasts picturesque river views.

Property features include:
Fully Airconditioned
Tastefully furnished
Modern kitchen, open plan living
2 Bedrooms
Ensuite & Bathroom
• Mirrored Built-In Robes
Euro Laundry
Study Nook
Good size Private Balcony
Rooftop BBQ facilities
Secure Undercover Parking

Investment opportunity knocking at your door not to be missed - call Eleni Karambasis on 0418 778 420 to arrange an inspection.

Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

Property History for 401/5-7 Nelson St, Mackay, QLD 4740

A timeline of how this property has performed in the market
  • 24 Dec 2021
    Sold for $332,500
  • 13 Oct 2021
    Listed for Sale $350,000
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About Mackay 4740

The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2016 was 3659 people. By 2021 the population was 4026 showing a population growth of 10.0% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mackay work in a professional occupation.In 2021, 30.70% of the homes in Mackay were owner-occupied compared with 31.80% in 2016.

Mackay has 3,524 properties. Over the last 5 years, Houses in Mackay have seen a 82.28% increase in median value, while Units have seen a 87.73% increase. As at 31 December 2025:

  • The median value for Houses in Mackay is $515,159 while the median value for Units is $412,903.
  • Houses have a median rent of $488 while Units have a median rent of $450.
There are currently 43 properties listed for sale, and 27 properties listed for rent in Mackay on OnTheHouse. According to Cotality's data, 254 properties were sold in the past 12 months in Mackay.

Suburb Insights for Mackay 4740

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.