Suburb Profile Report for West Mackay QLD (4740)

West Mackay House: Median price $303,750, Annual capital growth -1.41%, Number of sales 83, Weekly median advertised rent $340

West Mackay Unit: Median price $246,500, Annual capital growth 3.17%, Number of sales 12, Weekly median advertised rent $290

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

West Mackay, 4740 ranked 473th in QLD when comparing growth in median property values or capital gain over the last 12 months. West Mackay is one of 2415 in our list for QLD

If we look at median property appreciation over just the last three months, West Mackay has given property investors a paper return of 1.25%. This puts Suburb as 305 on a list of fastest fasting appreciating suburbs in QLD

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.68% offered to property buyers. Sellers in West Mackay itself are offering an average vendor discount of -7.90% to real estate investors.

West Mackay, 4740’s gross rental yield is 5.82%

Over the last year, property investments in West Mackay, 4740 have given investors a capital gain of 23.25%. This compares very favourably with the 0.23% for QLD as a whole.

West Mackay,4740 has offered an average of 23.25% return per annum in house price rises to property investors over the last three years.

Renters in Suburb are facing rents around $15080 per annum or $290 every week.

Metrics i HOUSE UNIT
$303,750 $246,500
1.25% 4.45%
1.93% 23.25%
-1.41% 3.17%
$340 $290
83 12
5.82% 6.12%
73.35 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 6506
Median household income ($/weekly) 1293
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 787 12.1
    25-34 years 929 14.3
    35-44 years 892 13.7
    45-54 years 853 13.1
    55-64 years 682 10.5
    Others 2365 36.3
    Age Group
    Census Count Percent(%)
    Not Married 1999 44.5
    Registered Married 1978 44.1
    Defacto Relationship 511 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5270 86.5
    Papua New Guinea 144 2.4
    Philippines 163 2.7
    United Kingdom 134 2.2
    Other 106 1.7
    Others 274 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 0.6
    Christianity 4817 80.9
    Hinduism 26 0.4
    Other Religious Groups 29 0.5
    No Religion 1033 17.3
    Others 19 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 195 9.1
    $400-$599 222 10.4
    $1,500-$1,999 269 12.6
    $2,000-$2,499 214 10.0
    $2,500-$2,999 194 9.1
    Others 1042 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2233 44.9
    Not in the labour force 1678 33.7
    Employed, worked part-time 776 15.6
    Employed, away from work 168 3.4
    Unemployed, looking for work 118 2.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 514 16.2
    Technicians & trades workers 697 21.9
    Clerical & administrative workers 423 13.3
    Machinery operators & drivers 330 10.4
    Labourers 338 10.6
    Others 875 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 70 5.9
    Infants/Primary 504 42.3
    Secondary 348 29.2
    Technical or Further Educational Institution 125 10.5
    University or other Tertiary Institutions 121 10.2
    Others 24 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4966 85.4
    Semi-detached, row or terrace house, townhouse 302 5.2
    Flat, unit or apartment 504 8.7
    Caravan, cabin, houseboat 30 0.5
    House or flat attached to a shop, office 11 0.2
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Rented 885 37.5
    Fully owned 770 32.7
    Being purchased 691 29.3
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
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