Suburb Profile Report for South Mackay QLD (4740)

South Mackay House: Median price $270,000, Annual capital growth -1.74%, Number of sales 78, Weekly median advertised rent $290

South Mackay Unit: Median price $180,000, Annual capital growth -2.01%, Number of sales 12, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in South Mackay, 4740 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -3.57%.

Taking the average capital gain, or increase in median house value, South Mackay,4740 has racked up an average of -3.57% over the period. This ranks it number 4061th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that South Mackay is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 27th in terms of most discounted suburbs in QLD

Residents and property investors in South Mackay have been waiting around 120.18 days to sell a property.

South Mackay is 115th on a list of best yielding suburbs for rents in QLD with a 5.59% return

Giving property investors a a poor capital gain of -24.84% for the last year, South Mackay, 4740 is the 1708th highest performer in Australia in this respect.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in South Mackay, 4740. Typically our figures indicate that -22.90% is being offered, which puts this QLD suburb at 2nd most discounted overall in Australia.

Renters in Suburb are facing rents around $2640 per annum or $220 every week.

HOUSE UNIT
$270,000 $180,000
3.85% N/A
-3.57% -24.84%
-1.74% -2.01%
$290 $220
78 12
5.59% 6.36%
120.18 128.36

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
Find a mortgage broker in South Mackay QLD
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
Chart Table
Recent sales & rentals