Suburb Profile Report for West Mackay QLD (4740)

West Mackay House: Median price $290,000, Annual capital growth -1.46%, Number of sales 81, Weekly median advertised rent $300

West Mackay Unit: Median price $200,000, 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

West Mackay has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -9.38% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, West Mackay comes in at number 815th in QLD.

West Mackay4740 is located in QLD which offers an average discount of -7.21% to property investors. West Mackay itself is showing figures that indicate -9.51% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

Vendor discounting in West Mackay is giving property investors an average Vendor Discount of around -11.46%. This puts suburb at number 11th in QLD when ranking the most discounted suburbs.

With the median price for a house in West Mackay being $200000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 6.76%

Metrics i HOUSE UNIT
$290,000 $200,000
-2.52% 2.04%
-9.38% N/A
-1.46% N/A
$300 $260
81 13
5.38% 6.76%
68.61 100.83

Source: CoreLogic

DSR Score for property investment : Above average (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