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%