West Mackay has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -11.59% to date .
A -17.57% growth in median value for property investors in West Mackay,4740 puts this suburb at number 749th in terms of best performing suburbs in QLD
At number 115th of QLD’s most discounted properties, West Mackay is in the bottom 20% of the state/territory when listing in order of most discounted to least.
In the last year 71 properties changed hands in West Mackay, which puts it as the 336th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in West Mackay being $305000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.11%