Suburb Profile Report for West Mackay QLD (4740)

West Mackay House: Median price $298,000, Annual capital growth -1.28%, Number of sales 79, Weekly median advertised rent $300

West Mackay Unit: Median price $205,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $260

  • 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 West 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 -2.30%

A -21.58% growth in median value for property investors in West Mackay,4740 puts this suburb at number 183th in terms of best performing suburbs in QLD

Property investors looking for a bargain in West Mackay should be aiming for at least -9.89% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 79 properties changed hands in West Mackay, which puts it as the 310th most active market in QLD when comparing the number of sales per suburb.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

If we look at median property appreciation over just the last three months, West Mackay has given property investors a paper return of 2.50%. This puts Suburb as 76 on a list of fastest fasting appreciating suburbs in QLD

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 West Mackay, 4740. Typically our figures indicate that -12.63% is being offered, which puts this QLD suburb at 23th most discounted overall in Australia.

Advertised rents are around the $260 mark per week – giving a return of 6.60% based on the median price in Suburb

Metrics i HOUSE UNIT
$298,000 $205,000
2.76% 2.50%
-2.30% N/A
-1.28% N/A
$300 $260
79 13
5.23% 6.60%
76.61 112.8

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 6506
Median household income ($/weekly) 1293
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 787 12.1
    25-34 years 929 14.3
    35-44 years 892 13.7
    45-54 years 853 13.1
    55-64 years 682 10.5
    Others 2365 36.3
    Age Group
    Census Count Percent(%)
    Not Married 1999 44.5
    Registered Married 1978 44.1
    Defacto Relationship 511 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5270 86.5
    Papua New Guinea 144 2.4
    Philippines 163 2.7
    United Kingdom 134 2.2
    Other 106 1.7
    Others 274 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 0.6
    Christianity 4817 80.9
    Hinduism 26 0.4
    Other Religious Groups 29 0.5
    No Religion 1033 17.3
    Others 19 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 195 9.1
    $400-$599 222 10.4
    $1,500-$1,999 269 12.6
    $2,000-$2,499 214 10.0
    $2,500-$2,999 194 9.1
    Others 1042 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2233 44.9
    Not in the labour force 1678 33.7
    Employed, worked part-time 776 15.6
    Employed, away from work 168 3.4
    Unemployed, looking for work 118 2.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 514 16.2
    Technicians & trades workers 697 21.9
    Clerical & administrative workers 423 13.3
    Machinery operators & drivers 330 10.4
    Labourers 338 10.6
    Others 875 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 70 5.9
    Infants/Primary 504 42.3
    Secondary 348 29.2
    Technical or Further Educational Institution 125 10.5
    University or other Tertiary Institutions 121 10.2
    Others 24 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4966 85.4
    Semi-detached, row or terrace house, townhouse 302 5.2
    Flat, unit or apartment 504 8.7
    Caravan, cabin, houseboat 30 0.5
    House or flat attached to a shop, office 11 0.2
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Rented 885 37.5
    Fully owned 770 32.7
    Being purchased 691 29.3
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals