East Mackay

POSTAL CODE: QLD, 4740

HOUSE

UNIT

Property investors enjoyed capital gains of 20.1% over the last 12 months in EAST MACKAY, translating to higher 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 6.97% growth over a ten-year period. It ranks 2027th on our list of suburbs that property investors should look into.

EAST MACKAY, 4740 has a capital gain of 20.1% for the past year, which is higher than average compared to its 64.47% growth within a five-year period.

With the median home price in EAST MACKAY sitting at $699,000, and the average rent at $700, property owners could potentially earn a 5.21% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in EAST MACKAY are low, 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.

Based on its average 5-year and quarterly capital gains EAST MACKAY, 4740 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 12.13% growth over a ten-year period. It ranks 1555th on our list of suburbs that property investors should look into.

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

EAST MACKAY, 4740 has a capital gain of 18.17% for the past year, which is higher than average compared to its 69.34% growth within a five-year period.

With the median home price in EAST MACKAY sitting at $385,250, and the average rent at $470, property owners could potentially earn a 6.34% increase in gross rental yield.

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

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$699,000	$385,250
Growth Report
Median Quarterly	6.72%	9.45%
Median 12 month	20.1%	18.17%
Median 3 years	75.85%	52.57%
Median 5 years	64.47%	69.34%
10 years average annual	6.97%	12.13%
Weekly media advert. rent	$700	$470
Time on Market	35 days	49.6 days
Gross Rental Yield Percent	5.21%	6.34%

Demographics (Median Values)*

Total Population 3659

Weekly Household Income 1126

Household Size 2.50

Average 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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