Giving property investors a a stable capital gain of 7.69% for the last year, North Mackay, 4740 is the 1134th highest performer in Australia in this respect.
North Mackay,4740 has offered an average of 7.69% return per annum in house price rises to property investors over the last three years.
Vendor discounting in North Mackay is giving property investors an average Vendor Discount of around -10.62%. This puts suburb at number 138th in QLD when ranking the most discounted suburbs.
Property value increases in North Mackay have tracked lower than the QLD average of -0.62% over the last 12 months.
The five-year average increase in median property values for North Mackay,4740 has given property investors a potential capital gain of -48.07% across each of those five years.
At number 2nd of QLD’s most discounted properties, North Mackay is in the bottom 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
A $230 per week rent on the median house gives suburb investors a gross yield of circa 9.38%, without taking into account capital value appreciation, which has been averaging out at -5.18%.