Property investors who have had real estate in West Mackay, 4740 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.19%
While West Mackay,4740 ranked number 582th in QLD for increase in median house value (annualised) increase, it is ranked 721th over the last 5 years.
At number 90th of QLD’s most discounted properties, West Mackay is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of -1.37%, investors should hope to achieve an overall return of 5.59%