Home/Properties/Norman Gardens/2/5 Macartney Street
2/5 Macartney Street, Norman Gardens$480,000
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For Saleapartment

2/5 Macartney Street

Norman Gardens, QLD 4701, Australia
$480,000
3 bed 1 bath 2 car313 m²

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About this property

Positioned in one of Rockhampton's most desirable suburbs, this well-maintained unit presents an outstanding opportunity to secure a quality investment in a location that continues to experience strong demand. Designed for easy, low-maintenance living, the property offers a practical layout that appeals to a wide range of tenants and future owner-occupiers alike. Whether you're looking to grow your portfolio or secure a home for the future, this is an opportunity that offers both immediate returns and long-term potential. Currently leased at $455 per week under a secure tenancy through to March 2027, the property provides reliable rental income from day one, allowing investors to purchase with confidence while benefiting from an established tenancy. Conveniently located close to CQUniversity, quality schools, shopping centres, public transport, and everyday amenities, it's easy to see why Norman Gardens remains one of Rockhampton's most tightly held suburbs. Combining strong rental appeal, a sought-after location, and the ease of low-maintenance living, this is a smart addition to any investment portfolio.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
313 m²
Listed
6 days ago

Repayment calculator

$2,327/month
$1,164 /fortnight
Loan $384,000 at 6.10% over 30 years

Upfront costs

Deposit$96,000
Stamp duty$15,225
Conveyancing (est.)$2,000
Total upfront$113,225
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Norman Gardens

This 3-bedroom apartment in Norman Gardens, QLD 4701 sits within reach of public transport, local shops and nearby schools. It is listed 20% below the $599,000 median of 64 comparable apartmentswithin 5 km.

Schools near Norman Gardens

  • Lighthouse Christian Schoolcombined · Prep-12 · CoEd

What's nearby

  • Unnamed (bus)147 m away
  • The Good Guys341 m away
  • Unnamed366 m away
  • Webber Park876 m away
  • Unnamed1.0 km away

Norman Gardens at a glance

Full suburb profile
Population
10,534
Median age
37
Household income
$1,770/wk
Median rent
$300/wk
Median mortgage
$1,625/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Norman Gardens price trend

Median sold · Unit 3 bed

Compound growth +10.0% / yr over 4 yrs

$502kcurrent median

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Full Norman Gardens market

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Price history

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