Investment property in South Mackay has done pretty 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 -2.68%
South Mackay,4740 has offered an average of -2.68% return per annum in house price rises to property investors over the last three years.
The most recent median price for South Mackay is $272500, with sellers offering an average of -15.26% off the asking price.
On average over the past year, suburb has had 5.83 sales per month, which equates to 70 per year.
Advertised rents are around the $300 mark per week – giving a return of 5.72% based on the median price in Suburb