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Mackenzie
AREA REPORTS

Mackenzie

Mackenzie - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4156

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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 $830,000.

The upward trend in home prices in MACKENZIE, 4156 averaged 1.25% per annum over a 3-year period.

Average weekly rents on listings have reached the $625 mark, reflecting a 3.92% increase in returns based on the current median price in MACKENZIE.

An average of 2.58 real estate transactions take place per month in MACKENZIE which translates to 31 per annum.

31 properties were sold in MACKENZIE in 2016, making it the 402nd most active market in QLD based on total real estate transactions.

MACKENZIE, 4156 places 221st in Australia based on median property value growth during the quarter.

Data report can be found below

Mackenzie
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $830,000 N/A
GROWTH REPORT
Median Quarterly 3.62% N/A
Median 12 month 0.79% N/A
Median 3 years 3.75% N/A
Median 5 years 10.67% N/A
10 years average annual 2.48% N/A
Weekly media advert. rent $625 N/A
Time on Market 34.0 days N/A
Gross Rental Yield Percent 3.92% N/A
demographics (median values)*
Total Population
1728
Weekly Household Income
1852
Household Size
3.40
Age
34
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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