Investment property in East Mackay has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.73%
Comparing East Mackay,4740 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
The most recent median price for East Mackay is $370000, with sellers offering an average of -14.13% off the asking price.
Property value increases in East Mackay have tracked lower than the QLD average of 0.77% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, East Mackay comes in at number 257th in QLD.
Using the current median advertised rental of $222.5 and the average annual increase in value of a median property of 4.79%, investors should hope to achieve an overall return of 3.24%