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East Mackay
AREA REPORTS

East Mackay

East Mackay - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4740

house
unit

Property investors enjoyed capital gains of 24.09% over the last 12 months in EAST MACKAY, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 0.54% growth over a ten-year period. It ranks 3931st on our list of suburbs that property investors should look into.

EAST MACKAY, 4740 has a capital gain of 24.09% for the past year, which is higher than average compared to its 7.59% growth within a five-year period.

With the median home price in EAST MACKAY sitting at $425,000, and the average rent at $400, property owners could potentially earn a 4.89% increase in gross rental yield.

A 24.09% increase in median property prices in EAST MACKAY, 4740 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 61st.

Figures from the previous quarter show that capital gains for real estate buyers in EAST MACKAY are high, as opposed to average gains per annum over the past five years.

EAST MACKAY, 4740 in QLD belongs to the local government area of Mackay (R).

Data report can be found below

East Mackay
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $425,000 $187,500
GROWTH REPORT
Median Quarterly 3.66% N/A
Median 12 month 24.09% N/A
Median 3 years 31.78% N/A
Median 5 years 7.59% -48.63%
10 years average annual 0.54% 5.99%
Weekly media advert. rent $400 $300
Time on Market 61.9 days 0.0 days
Gross Rental Yield Percent 4.89% 8.32%
demographics (median values)*
Total Population
3659
Weekly Household Income
1126
Household Size
2.50
Age
38
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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