Suburb Profile Report for South Mackay QLD (4740)

South Mackay House: Median price $259,500, Annual capital growth -2.44%, Number of sales 73, Weekly median advertised rent $290

South Mackay Unit: Median price $180,000, Annual capital growth -3.76%, Number of sales 16, Weekly median advertised rent $220

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in South Mackay have tracked lower than the QLD average of 2.51% over the last 12 months.

Taking the average capital gain, or increase in median house value, South Mackay,4740 has racked up an average of -7.32% over the period. This ranks it number 4097th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -15.50% to buyers in South Mackay at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 6.08 sales per month, which equates to 73 per year.

Property investors should expect to get $290 weekly from the median priced house in this suburb.

South Mackay is in the bottom 10% in QLD when comparing median price capital growth over the last year. South Mackay gave property investors a dismal capital gain figure when compared to the rest of the state, with -19.10%.

If we look at median property appreciation over just the last three months, South Mackay has given property investors a paper return of -2.70%. This puts Suburb as 285 on a list of fastest fasting appreciating suburbs in QLD

South Mackay, 4740 is offering QLD ‘s most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.

Using the current median advertised rental of $220 and the average annual increase in value of a median property of -3.76%, investors should hope to achieve an overall return of 6.36%

Metrics i HOUSE UNIT
$259,500 $180,000
-5.64% -2.70%
-7.32% -19.10%
-2.44% -3.76%
$290 $220
73 16
5.81% 6.36%
125.44 140.92

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 7415
Median household income ($/weekly) 1326
Median age of persons 36
Median housing loan repayment ($/monthly) 1914
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 840 11.3
    25-34 years 1170 15.8
    35-44 years 980 13.2
    45-54 years 1080 14.6
    55-64 years 795 10.7
    Others 2550 34.4
    Age Group
    Census Count Percent(%)
    Not Married 2368 44.1
    Registered Married 2297 42.8
    Defacto Relationship 702 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5921 85.6
    Papua New Guinea 201 2.9
    Philippines 217 3.1
    United Kingdom 154 2.2
    Other 142 2.1
    Others 282 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 0.8
    Christianity 5111 76.5
    Hinduism 29 0.4
    Islam 27 0.4
    No Religion 1436 21.5
    Others 23 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 217 9.0
    $400-$599 234 9.7
    $1,500-$1,999 336 14.0
    $2,000-$2,499 258 10.7
    $2,500-$2,999 228 9.5
    Others 1134 47.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2635 46.7
    Not in the labour force 1650 29.3
    Employed, worked part-time 949 16.8
    Employed, away from work 241 4.3
    Unemployed, looking for work 163 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 449 11.7
    Technicians & trades workers 791 20.7
    Clerical & administrative workers 535 14.0
    Machinery operators & drivers 523 13.7
    Labourers 537 14.0
    Others 994 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 75 5.9
    Infants/Primary 547 42.7
    Secondary 352 27.5
    Technical or Further Educational Institution 152 11.9
    University or other Tertiary Institutions 129 10.1
    Others 27 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5693 83.1
    Flat, unit or apartment 781 11.4
    Semi-detached, row or terrace house, townhouse 375 5.5
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1035 38.1
    Being purchased 871 32.0
    Fully owned 806 29.7
    Other tenure type 6 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals