Suburb Profile Report for South Mackay QLD (4740)

South Mackay House: Median price $270,000, Annual capital growth -2.07%, Number of sales 70, Weekly median advertised rent $290

South Mackay Unit: Median price $180,000, Annual capital growth -4.19%, 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 investors who have had real estate in South Mackay, 4740 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.82%

A -27.03% growth in median value for property investors in South Mackay,4740 puts this suburb at number 691th in terms of best performing suburbs in QLD

South Mackay, 4740 is offering QLD ‘s 21th 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.

In the last year 70 properties changed hands in South Mackay, which puts it as the 334th most active market in QLD when comparing the number of sales per suburb.

South Mackay is 112th on a list of best yielding suburbs for rents in QLD with a 5.59% return

At number 1669th in the list of Australian suburbs ordered by increase in median house value over the last year, South Mackay, 4740 is in the BOTTOM 10% with a property value increase of -17.90% recorded in median house prices.

Over the longer term, South Mackay has seen property prices show investors a -35.71% return over the last 3 years. This is an improvement over the last 12 months

The most recent median price for South Mackay is $180000, with sellers offering an average of -21.39% off the asking price.

At number 1405 in a list of fastest selling suburbs, South Mackay is in the bottom 10% of suburbs in Australia with an average of days on market 140.92 for properties listed there.

A $220 per week rent on the median house gives suburb investors a gross yield of circa 6.36%, without taking into account capital value appreciation, which has been averaging out at -4.19%.

Metrics i HOUSE UNIT
$270,000 $180,000
-1.82% N/A
-1.82% -17.90%
-2.07% -4.19%
$290 $220
70 16
5.59% 6.36%
127.1 140.92

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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