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Back 48/23 Alfred Street
Off Market

48/23 Alfred Street

Mackay QLD 4740

3
2
2
72 m²
House
Last sold for $527,000
Christian VanamoChristian Vanamo, last sold this property on 11 November 2025 after 19 days on market.

Overview

SOLD BY CHRISTIAN VANAMO - 0422 551 472

Modern Dual-Income Investment - 9.88% Return, Prime Mackay CBD Location! Welcome to 48/23 Alfred Street, a modern dual-key apartment delivering style, space, and unbeatable returns right in the heart of Mackay's city centre. Perfectly positioned within walking distance to the Caneland Central Shopping Centre, Bluewater Lagoon, and the city's vibrant café scene, this property promises exceptional convenience and strong rental demand. This impressive apartment offers two self-contained residences under one title - giving you the flexibility to live in one and lease the other, or enjoy a combined income of $950 per week ($590 + $360 per week), which equates to a remarkable 9.88% return at a $500,000 purchase price. Step inside to discover a fresh, light-filled design featuring: • Two modern kitchens with stainless steel appliances and stone bench tops • Three spacious bedrooms with mirrored built-ins and air-conditioning • Two contemporary bathrooms with quality finishes • Open-plan living and dining flowing to private balconies with city and district views • Secure complex with lift access, intercom system, and allocated parking Whether you're an astute investor seeking excellent yield, or a downsizer or professional looking for low-maintenance living in a prime location - this property offers the best of both worlds. With Mackay's rental market continuing to tighten and infrastructure growth surging, opportunities like this are rarely seen. Offers from $499,000 - this dual-income beauty won't last long! Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, RE/MAX Select Real Estate will not be held liable for any errors or omissions in the above as all care is taken to ensure all information is correct at the time of publication. All interested parties should rely solely upon their own physical inspection of the property in order to determine whether or not this information is accurate.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
72 m² floor area
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mackay over the last 12 months, the estimated median property value of 48/23 Alfred Street is $619.5k.

Median value
$619.5k
Estimated value range
$420k - $1.2m
Median days on market
27
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mackay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 48/23 Alfred Street

2025
Sold
$527,000
11 Nov 2025 by Christian Vanamo, of RE/MAX Select

Happy sellers in Mackay

96%
96% of sellers in Mackay reported that their sale price either exceeded or met their price expectations.

Mackay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Mackay over the last 12 months.

Local market activity for 3 bedroom houses in Mackay

In the last 12 months, 20 three-bedroom houses similar to 48/23 Alfred Street, have been sold.

This represents a 20% increase in three-bedroom houses sales when compared to the previous 12 months.

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