Suburb Profile Report for North Mackay QLD (4740)

North Mackay House: Median price $252,500, Annual capital growth -2.32%, Number of sales 80, Weekly median advertised rent $350

North Mackay Unit: Median price $143,000, Annual capital growth -3.65%, Number of sales 23, Weekly median advertised rent $250

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

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in North Mackay, 4740 have given investors a capital gain of -9.82%. This compares very badly with the 1.05% for QLD as a whole.

A -28.77% growth in median value for property investors in North Mackay,4740 puts this suburb at number 706th in terms of best performing suburbs in QLD

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.94% offered to property buyers. Sellers in North Mackay itself are offering an average vendor discount of -8.37% to real estate investors.

At number 1572 in a list of fastest selling suburbs, North Mackay is just in the top half of suburbs in Australia with an average of days on market 70.209 for properties listed there.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 7.21%, without taking into account capital value appreciation, which has been averaging out at -2.32%.

A -37.69% growth in median value for property investors in North Mackay,4740 puts this suburb at number 21th in terms of best performing suburbs in QLD

Sellers are offering property buyers an average discount of -16.20% to buyers in North Mackay at the moment, which is less than average for the rest of QLD.

North Mackay, 4740’s gross rental yield is 9.09%

Metrics i HOUSE UNIT
$252,500 $143,000
-2.51% 5.73%
-9.82% N/A
-2.32% -3.65%
$350 $250
80 23
7.21% 9.09%
70.2089552238806 124.2

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 6597
Median household income ($/weekly) 1251
Median age of persons 35
Median housing loan repayment ($/monthly) 1937
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 715 10.8
    25-34 years 977 14.8
    35-44 years 809 12.3
    45-54 years 874 13.2
    55-64 years 618 9.4
    Others 2604 39.5
    Age Group
    Census Count Percent(%)
    Not Married 2045 44.0
    Registered Married 1899 40.8
    Defacto Relationship 706 15.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5258 86.3
    Papua New Guinea 186 3.1
    South Africa 94 1.5
    United Kingdom 176 2.9
    Other 119 2.0
    Others 258 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 53 0.9
    Christianity 4294 73.8
    Islam 25 0.4
    Other Religious Groups 42 0.7
    No Religion 1390 23.9
    Others 18 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 225 10.8
    $600-$799 196 9.4
    $800-$999 182 8.7
    $1,500-$1,999 292 14.0
    $2,000-$2,499 207 9.9
    Others 983 47.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2273 45.2
    Not in the labour force 1568 31.2
    Employed, worked part-time 775 15.4
    Employed, away from work 231 4.6
    Unemployed, looking for work 177 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 460 14.0
    Technicians & trades workers 698 21.3
    Clerical & administrative workers 426 13.0
    Machinery operators & drivers 405 12.4
    Labourers 434 13.2
    Others 856 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 67 6.2
    Infants/Primary 448 41.4
    Secondary 302 27.9
    Technical or Further Educational Institution 110 10.2
    University or other Tertiary Institutions 125 11.6
    Others 30 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4835 81.9
    Semi-detached, row or terrace house, townhouse 478 8.1
    Flat, unit or apartment 506 8.6
    Caravan, cabin, houseboat 78 1.3
    House or flat attached to a shop, office 7 0.1
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Rented 921 38.8
    Fully owned 717 30.2
    Being purchased 676 28.5
    Other tenure type 61 2.6
    Tenure Type
Census 2011, ABS
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