Suburb Profile Report for West Mackay QLD (4740)

West Mackay House: Median price $299,000, Annual capital growth -0.94%, Number of sales 84, Weekly median advertised rent $290

West Mackay Unit: Median price $196,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in West Mackay have tracked lower than the QLD average of 2.06% over the last 12 months.

The five-year average increase in median property values for West Mackay,4740 has given property investors a potential capital gain of -16.94% across each of those five years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in West Mackay itself are offering an average vendor discount of -9.62% to real estate investors.

On average over the past year, suburb has had 7.00 sales per month, which equates to 84 per year.

A -35.74% growth in median value for property investors in West Mackay,4740 puts this suburb at number 315th in terms of best performing suburbs in QLD

West Mackay, 4740’s gross rental yield is 7.16%

Metrics i HOUSE UNIT
$299,000 $196,000
3.10% -4.39%
-10.48% N/A
-0.94% N/A
$290 $270
84 10
5.04% 7.16%
65.98 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in West Mackay QLD
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