Suburb Profile Report for South Mackay QLD (4740)

South Mackay House: Median price $270,000, Annual capital growth -2.08%, Number of sales 66, Weekly median advertised rent $290

South Mackay Unit: Median price $175,000, Annual capital growth -4.56%, Number of sales 19, Weekly median advertised rent $215

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3174th in the list of Australian suburbs ordered by increase in median house value over the last year, South Mackay, 4740 is in the BOTTOM 30% with a property value increase of -0.92% recorded in median house prices.

A -27.03% growth in median value for property investors in South Mackay,4740 puts this suburb at number 469th in terms of best performing suburbs in QLD

Our latest figures would indicate that property sellers in South Mackay are currently offering property investors an average price cut of -14.41% below the asking price at the moment.

Often selling an investment property can take time, and in South Mackay the average time real estate has been on the market is 119.91 days.

Advertised rents are around the $290 mark per week – giving a return of 5.59% based on the median price in Suburb

South Mackay has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -20.18% to date .

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 -20.49% is being offered, which puts this QLD suburb at 6th most discounted overall in Australia.

In the last year 19 properties changed hands in South Mackay, which puts it as the 313th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $2580 per annum or $215 every week.

Metrics i HOUSE UNIT
$270,000 $175,000
0.00% N/A
-0.92% -20.18%
-2.08% -4.56%
$290 $215
66 19
5.59% 6.39%
119.91 148.13

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
Chart Table
Recent sales & rentals