Three rentals in an ‘obscenely tight’ market

“Obscenely tight” rental conditions continue in Queensland, according to the latest Residential Vacancy Rate Report released by the Real Estate Institute of Queensland (REIQ).

The REIQ classes rental markets into three categories, tight, healthy, or weak. These markets are classified according to vacancy rates:

  • 0 – 2.5% = tight
  • 2.6 – 3.5% = healthy
  • 6% – plus = weak

Queensland’s vacancy rate was 0.9% for the March quarter 2023.

REIQ CEO Antonia Mercorella said Queensland is still worlds away from a healthy rental market and a grossly insufficient level of housing supply is squarely to blame.

“When we’re witnessing these very tight vacancy rates persisting right across the state, it’s highlighting the importance of ensuring that we keep levels of property investment up so that we can maintain roofs over the heads of our growing population.

“We desperately need more rental properties but investors are not being encouraged to put their savings into property – on the contrary, often they’re being deterred and punished.”

That said, here are three rentals available now in Mackay.

>> READ MORE: 2/341 ALFRED STREET, MACKAY

  1. $490/wk – break lease – Affordable city living – it doesn’t get much better than this furnished townhouse

This tidy, furnished townhouse in the heart of Mackay’s CBD is within walking distance of everything the city centre has to offer: shopping, dining and entertainment. Across the road from the Mackay convention centre, on the same street as the university and four streets back from the river, this recently renovated complex is in a highly sought-after area and with this townhouse so affordable, really, it doesn’t get much better than this.

Spread over two levels this two-bedroom, one-bathroom townhouse is surprisingly spacious and cleverly thought-out to make the most of every inch of space. In the kitchen on the ground floor, a wall of brand-new crisp white cupboards provide ample storage and bounces the natural light streaming into the kitchen from the windows over the sink. A long timber island bench comfortably accommodates four breakfast bar stools and compliments the L-shaped kitchen perfectly, providing another generous bench space and additional storage. With overhead cupboards, a centrally placed cooktop and rangehood, a dishwasher and a wall-mounted oven, this kitchen has been cleverly designed to maximise space and convenience. The kitchen area fuses into the living area to create an open-planned space that is spacious and light-filled.

Upstairs, there are two generous bedrooms sharing the main bathroom with a shower, toilet, large timber vanity and floor-to-ceiling tiles. Each bedroom has a generous curtained window to let the light in which reflects off the double mirrored built-in wardrobes and fresh new paint. One bedroom opens up onto a veranda overlooking a private courtyard. With dark timber flooring, ceiling fans and airconditioning, both bedrooms are cool and comfortable and ready for you to make them your own.

Outside is the private courtyard and this townhouse is fully fenced and has one personal off-road car parking space.

So, if you’re looking for affordable city living in a neat and tidy yet spacious apartment, look no further than 2/341 Alfred Street, Mackay.

This townhouse features:
> Two bedroom
> One bathroom
> Living area
> Airconditioning
> Ceiling fans
> Courtyard
> Dishwasher
> Fully fenced
> Generous storage
> One parking space

>> READ MORE: 49 BLACKS BEACH ROAD, BLACKS BEACH

2. $650/week – Furnished seaside cottage on large 809m2 block

This quaint, furnished cottage is just streets away from one of Mackay’s best beaches and has so much to offer!

Recently renovated weatherboard property comes with new glossy white tiles, crisp fresh paint, lights, ceiling fans, air conditioning and a stunning brand new kitchen. This house is fully furnished and rent includes water, electricity and internet. Ideal rental opportunity for short-term to mid-term tenancies, workers’ accommodation or general tenancy with a term of up to 6 months on offer.

With two good-sized bedrooms, both with built-in wardrobes, a separate bathroom, toilet and laundry and spacious open plan living/dining and a generous L-shaped kitchen, space, storage and comfort have certainly been packed into this little gem.

Cook up a storm in the brand new kitchen with Ceasar stone benchtops, double sink, large oven, glass stove cooktop and range hood, stainless steel dishwasher, double door pantry and overhead and under bench cupboards and draws in glossy white 2pac, proving ample storage.

Entertain in the open plan living/dining area, with more than enough room for a lounge, TV, coffee table and dining table or spill out via sliding glass doors with security screens onto the undercover pergola and entertaining area.

The two bedrooms have generous floor-to-ceiling built-in robes and windows with roller blinds and air conditioning in the master. The laundry, with a new benchtop, sink and linen press has room for a washer and dryer and ample bench space and the generously sized bathroom is clean and functional with a separate shower, large vanity and floor-to-ceiling cupboard for storage.

With tiles, fresh paint and windows throughout, this house is cool, breezy and light-filled and you’ll be amazed by just how spacious and inviting this little cottage is.

Outside there is also plenty of room with verandas front and back overlooking low maintenance landscaped gardens on the flat, grassy, fully fenced huge 809m2 block. At the back of the property, via a side access concrete drive, is even more storage with a large double-length single bay shed with additional workshop space with a roller door. Securely lock up the boat or caravan, and turn the additional bay into a workshop or storage for bikes and additional toys.

N.B the undercover carport will not be available as part of the tenancy.

Within walking distance of the golden sands and turquoise waters of one of Mackay’s most popular beaches – Blacks Beach, with excellent park, barbecue facilities and playgrounds and only 15 minutes from Mackay CBD, this property has lots to offer the potential buyer.

Some of the benefits of this renovated seaside cottage:
> Two bedrooms with built-in wardrobe
> Air-conditioned with a new AC in the main living area
> Single bathroom
> Renovated laundry
> Renovated kitchen with Caesar stone counters
> Smeg appliances
> Air-conditioned open plan kitchen/living area
> Shed with roller door access and work area
> N.B Carport on side of shed is not available with the lease
> Stone well with pump
> New roof and guttering
> 5.8kva solar
> Outdoor powerpoint and generator plug
> Newly painted when renovated
> New hot water service
> Irrigated tropical garden with fruit trees (bore water-no cost)
> Spacious outdoor entertainment area
> Large 809m2 block
> Fully fenced

>> READ MORE: 2 SUNSET BOULEVARD, EIMEO

3. $780/wk – Absolute beachfront living!

Open the door to this beautifully furnished property and come home to serenity. A successful combination of old Queenslander luxury and beach ‘shack’ relaxation, 2 Sunset Boulevard is definitely not your average beachfront hut. This fantastic three-bedroom, 1 bathroom house is fully furnished, nothing more to do than move in and relax, with the spectacular backdrop of the ocean available at your fingertips.

A truly unique opportunity, you can have it all – the luxurious creature comforts of the city, with the tranquillity of the shushing of the ocean waves. Enjoy preparing your evening meal looking out from the kitchen over the water, pour yourself a wine, then kick back, relax and watch a spectacular sunrise over the sea.

The first level of the home comprises a well-equipped kitchen which includes all appliances, and kitchenware, is incorporated into the open plan, tiled living and dining areas, a laundry, a bathroom and a third bedroom.

Moving from the first level, the upstairs light flows down the internal stairs, connecting the second and first storeys and continuing the theme of peacefulness. Two good-sized bedrooms with great views of the water are furnished with queen size beds for the master and two king singles in the second bedroom. Unwind and take a breather in the adjoining sunroom also with fantastic views and a relaxing spot to read a book or lounge around watching tv in air-conditioned comfort.

Fully furnished, yard maintenance, internet and water usage costs are included in the weekly rent.
You’ll never get tired of this lifestyle. Not only can you take a leisurely stroll or swim in the afternoon after you finish work, but on the weekend, you can catch dinner almost from your doorstep, or indulge in a local kayaking adventure. With the option of alfresco dining and/or entertaining on the beach’s edge with spectacular sunsets and sunrises as your picture-perfect backdrop.

Everything has been organised and thought of for you; the only thing left is for you to move in!

Some of the features of this home include:
> 663m2 block located right on the beach
> Beautifully stained timber flooring
> Fully furnished
> Functional kitchen
> Two bedrooms upstairs with split-system air-conditioning
> One downstairs bedroom
> Large sunroom, with the ability to turn into an office/spare guest bedroom
> Main bathroom, with separate toilet
> Open-plan living and dining area
> Downstairs laundry
> Air-conditioned
> Beach access
> Internet, water and yard maintenance included

A short-term lease option is available (a cleaning fee will be included in discussions).

This Mackay property has lots to offer the prospective tenant/s, as it is located within walking distance to the Eimeo Pub, with several excellent local schools only a short distance away. Furthermore, with the Central Qld University, the well-regarded Base and Mater Hospitals are easily accessible.

The fastest and easiest way to apply for this property is through 1Form using the Apply Online feature, we encourage you to apply online with 1 form to seek pre-approval. Don’t delay, send an inquiry to us today to book your inspection.

Please contact Baileux to arrange your inspection. Phone 07 4829 4816 or email admin@baileux.com.au.

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Three rentals in an ‘obscenely tight’ market