Over the last year, property investments in West Mackay, 4740 have given investors a capital gain of -14.64%. This compares very badly with the 2.11% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in West Mackay has fallen somewhat when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in West Mackay itself are offering an average vendor discount of -9.71% to real estate investors.
Residents and property investors in West Mackay have been waiting around 68.77 days to sell a property.
Situated 801.68km from the CBD, West Mackay is one of Mackay localities in the postcode 4740.
West Mackay is in the bottom 10% in QLD when comparing median price capital growth over the last year. West Mackay gave property investors a dismal capital gain figure when compared to the rest of the state, with -24.62%.
A -36.26% growth in median value for property investors in West Mackay,4740 puts this suburb at number 306th in terms of best performing suburbs in QLD