Property investors who have had real estate in South Mackay, 4740 should be 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 -11.71%
When looking at the potential capital gains offered to property investors over the last 3 years, South Mackay comes in at number 832th in QLD.
The most recent median price for South Mackay is $260000, with sellers offering an average of -17.39% off the asking price.
South Mackay is 86th on a list of best yielding suburbs for rents in QLD with a 5.80% return
Giving property investors a a poor capital gain of -9.17% for the last year, South Mackay, 4740 is the 1567th highest performer in Australia in this respect.
Advertised rents are around the $230 mark per week – giving a return of 5.75% based on the median price in Suburb