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