Suburb Profile Report for South Mackay QLD (4740)

South Mackay House: Median price $272,500, Annual capital growth -1.60%, Number of sales 70, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

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

HOUSE UNIT
$272,500 N/A
4.81% N/A
-2.68% N/A
-1.60% N/A
$300 N/A
70 N/A
5.72% N/A
122.54 N/A

Source: CoreLogic

DSR Score for property investment : Below 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