North Mackay, 4740 ranked 161th in QLD when comparing growth in median property values or capital gain over the last 12 months. North Mackay is one of 2415 in our list for QLD
A -25.33% growth in median value for property investors in North Mackay,4740 puts this suburb at number 429th in terms of best performing suburbs in QLD
Vendor discounting in North Mackay is giving property investors an average Vendor Discount of around -9.01%. This puts suburb at number 92th in QLD when ranking the most discounted suburbs.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Investment property in North Mackay has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -17.72%
North Mackay,4740 was ranked 1162 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in North Mackay are currently offering property investors an average price cut of -17.71% below the asking price at the moment.
Residents and property investors in North Mackay have been waiting around 125.64 days to sell a property.
A $240 per week rent on the median house gives suburb investors a gross yield of circa 9.60%, without taking into account capital value appreciation, which has been averaging out at -1.83%.