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29 Diane Street, Mount Isa, Qld 4825 For Sale

29 Diane Street, Mount Isa, Qld 4825

$265,000 NEG

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
802 m²
Area

Published on Thursday, September 17, 2026 ( See property details for 29 Diane Street, Mount Isa, Qld 4825)

$265,000 NEG

Leesa Fanti - Real Estate Agent - Vivid Realty - Mount Isa
Leesa Fanti Principal/Sales Consultant
Call Message Chat
Shannon Jeschke - Real Estate Agent - Vivid Realty - Mount Isa
Shannon Jeschke Property Manager / Sales Agent & Business Development Manager
Call Message Chat
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, income-generating family home on a fully fenced corner block, featuring modern updates and strong rental demand in Mount Isa.

🏡 Property Highlights

  • Immediate rental income with a fixed-term lease until January 2027
  • Impressive gross rental yield of approximately 9.6%
  • Low vacancy rate of just 0.56% in postcode 4825
  • Fully fenced 802m² corner block providing privacy and security
  • Modern renovations including a stylish bathroom and practical kitchen
  • Split-system air conditioning throughout for comfort

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Air Conditioning
  • Outdoor Area
  • Secure Parking
  • Shed
  • Fully fenced
  • Water tank
  • Floorboards
  • Low-Maintenance Yard

Mount Isa is a vibrant mining city known for its strong rental market and affordable housing. The suburb offers excellent amenities, easy access to essential services, and a community-oriented lifestyle. With low vacancy rates and high demand, it’s an ideal location for investors seeking reliable income. The area features a mix of modern and established homes, all set within a friendly, accessible environment.

What is the current rental income and lease term?
The property is currently rented at $490 per week under a fixed-term lease until mid-January 2027.
What are the key features of this home?
The home features three bedrooms, a renovated bathroom, modern kitchen, polished timber floors, split-system air conditioning, and a low-maintenance yard.
Is the property suitable for investment purposes?
Yes, it offers an impressive gross rental yield of approximately 9.6% and is located in a suburb with a very low vacancy rate, making it an excellent investment opportunity.
What outdoor features does the property include?
The property has a fully fenced 802m² corner block, undercover parking, a powered shed, and a secure external laundry.
Are there any recent renovations or upgrades?
Yes, the bathroom has been beautifully renovated, and the kitchen is modern and practical.
Are there any upcoming council or community development plans that could affect the property or neighbourhood? Has the property been inspected for any structural issues or pests? Are there any easements, zoning restrictions, or planning overlays affecting the property? What are the ongoing costs such as council rates, strata fees (if applicable), and maintenance? Is the property compliant with all current building and safety regulations? Are there any planned or ongoing construction projects nearby that could impact noise or privacy? What is the history of the property's maintenance and any recent repairs? Are there any restrictions on the use of the shed or outdoor areas? Is the property located in a flood or bushfire-prone zone? Are there any existing or pending disputes with neighbours or local authorities?

29 Diane Street, Mount Isa, Qld 4825 - More Details

$265,000 NEG

For investors, it offers immediate income in a tightly held rental market. For future owner-occupiers, it presents a comfortable and secure home to enjoy once the existing tenancy concludes.

Either way, Diane is already doing the heavy lifting.

Some properties come with a to-do list. This one comes with a tenant and an impressive return.

Currently rented at $490 per week on a fixed-term lease until mid-January 2027, 29 Diane Street offers an annualised gross rental income of $25,480 and an approximate gross yield of 9.6% at the advertised price. It's the kind of maths that makes a calculator sit up straight.

With the latest available data placing postcode 4825's rental vacancy rate at just 0.56% for August 2026 - the lowest non-COVID-era reading since the 2012-13 mining boom - Mount Isa's shortage of available rentals remains acute. Put simply: tenants are plentiful; empty rentals aren't.

The numbers may lead the conversation, but there is plenty to like about the home itself. Set on a fully fenced 802m² corner block, the property offers three bedrooms, polished timber floors, split-system air conditioning throughout and a bright, open living area. The modern kitchen is practical and inviting, while the beautifully renovated bathroom adds a stylish contemporary finish.

Outside, you'll find undercover parking, a low-maintenance yard, secure external laundry and a versatile powered shed ready for storage, tools or weekend projects.

Property highlights:
- Currently returning $490 per week
- Fixed-term tenancy until mid-January 2027
- Annualised gross rental income of $25,480
- Approximate 9.6% gross rental yield at the advertised price.
- Three bedrooms and one renovated bathroom
- Timber floors
- Split-system air conditioning throughout
- Modern kitchen and open living area
- Fully fenced 802m² corner block
- Undercover parking and powered shed
- Secure external laundry
- Low-maintenance yard

Contact Leesa or Shannon today to discuss this ready-made Townview investment or home to be.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
802 m²

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