Mackenzie

POSTAL CODE: QLD, 4156

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,650,000.

The upward trend in home prices in MACKENZIE, 4156 averaged 10.58% per annum over a 3-year period.

Average weekly rents on listings have reached the $920 mark, reflecting a 2.9% increase in returns based on the current median price in MACKENZIE.

An average of 1.92 real estate transactions take place per month in MACKENZIE which translates to 23 per annum.

23 properties were sold in MACKENZIE in 2016, making it the 540th most active market in QLD based on total real estate transactions.

MACKENZIE, 4156 places 598th in Australia based on median property value growth during the quarter.

Surburb overview

Mackenzie is a southeastern suburb in Brisbane, Queensland, Australia, approximately 16.1 kilometres southeast of Brisbane's central business district.

According to the 2021 census, Mackenzie had a population of 2,336 people.

The suburb is predominantly residential, featuring spacious homes that cater to families and professionals seeking a peaceful environment.

Public transportation options in Mackenzie include bus services connecting residents to Brisbane's CBD and surrounding areas.

For shopping and essential services, residents often visit nearby suburbs such as Carindale and Mount Gravatt, which offer a range of retail outlets, dining options, and entertainment facilities.

Mackenzie is home to several parks and green spaces, which provide residents with opportunities for outdoor activities and contribute to the suburb's family-friendly atmosphere.

Mackenzie offers a suburban lifestyle that combines residential living with access to essential amenities. It suits families and professionals seeking a balance between urban convenience and suburban tranquillity.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,650,000	N/A
Growth Report
Median Quarterly	3.13%	N/A
Median 12 month	11.86%	N/A
Median 3 years	31.74%	N/A
Median 5 years	98.8%	N/A
10 years average annual	8.94%	N/A
Weekly media advert. rent	$920	N/A
Time on Market	31.1 days	N/A
Gross Rental Yield Percent	2.9%	N/A

Demographics (Median Values)*

Total Population 157

Weekly Household Income 1449

Household Size 2.70

Average Age 32

Monthly Loan Repayment n.a.

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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