{"Slug":"house-29-diane-street-mount-isa-qld-4825-3","CanonicalUrl":"https://realsearch.com.au/house-29-diane-street-mount-isa-qld-4825-3","Address":"29 Diane Street, Mount Isa, Qld 4825","Suburb":"Mount Isa","State":"QLD","Postcode":"4825","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"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 yardContact Leesa or Shannon today to discuss this ready-made Townview investment or home to be.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$265,000 NEG"},"Bedrooms":"3","Bathrooms":"1","Parking":"2","Features":[{"Name":"Bedrooms","Value":"3"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"2"},{"Name":"Area","Value":"802 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-20.73610175,"Longitude":139.5047781,"Agent":{"Name":"Leesa  Fanti","CanonicalUrl":"https://realsearch.com.au/agent/leesa-fanti"},"Agency":{"Name":"Vivid Realty - Mount Isa","CanonicalUrl":"https://realsearch.com.au/agency/vivid-realty-mount-isa"},"CreatedAt":"2026-09-17T10:27:46.5493847","UpdatedAt":"2026-09-17T10:27:46.5802863"}