Investment property in North 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 -10.91%
Across a shorter period, North Mackay, 4740 has seen a median price increase of 0.00% over the last quarter.
Vendor discounting in North Mackay is giving property investors an average Vendor Discount of around -13.69%. This puts suburb at number 39th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in North Mackay the average time real estate has been on the market is 99.91 days.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of -2.58%, investors should hope to achieve an overall return of 5.31%