Suburb Profile Report for North Mackay QLD (4740)

North Mackay House: Median price $270,000, Annual capital growth -1.70%, Number of sales 102, Weekly median advertised rent $350

North Mackay Unit: Median price $170,000, Annual capital growth 3.89%, Number of sales 23, Weekly median advertised rent $280

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in North Mackay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.85%

Comparing North Mackay,4740 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

LACK OF BUYER INTEREST may well be the reason that North Mackay is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 203th in terms of most discounted suburbs in QLD

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Giving property investors a a solid capital gain of 23.41% for the last year, North Mackay, 4740 is the 71th highest performer in Australia in this respect.

The five-year average increase in median property values for North Mackay,4740 has given property investors a potential capital gain of -33.98% across each of those five years.

Vendor discounting in North Mackay is giving property investors an average Vendor Discount of around -10.63%. This puts suburb at number 5th in QLD when ranking the most discounted suburbs.

Residents and property investors in North Mackay have been waiting around 60.0667 days to sell a property.

Renters in Suburb are facing rents around $14560 per annum or $280 every week.

Metrics i HOUSE UNIT
$270,000 $170,000
5.88% 0.59%
4.85% 23.41%
-1.70% 3.89%
$350 $280
102 23
6.74% 8.56%
76.0506329113924 60.0666666666667

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. 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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