AREA REPORTS

East Mackay

 

 

QLD/
East mackay

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 12.9% 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 -0.05% decrease over a ten-year period. It ranks 4396th on our list of suburbs that property investors should look into.

EAST MACKAY, 4740 has a capital gain of 12.9% for the past year, which is higher than average compared to its -18.03% growth within a five-year period.

With the median home price in EAST MACKAY sitting at $350,000, and the average rent at $400, property owners could potentially earn a 5.94% increase in gross rental yield.

A 12.9% 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 78th.

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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $350,000 $191,500
GROWTH REPORT
Median Quarterly 0% 23.55%
Median 12 month 12.9% N/A
Median 3 years -14.37% -55.2%
Median 5 years -18.03% -46.43%
10 years average annual -0.05% -0.94%
Weekly media advert. rent $400 $230
Time on Market 75.3 days 101.2 days
Gross Rental Yield Percent 5.94% 6.25%
demographics (median values)
Total Population
3659
Weekly Household Income
1126
Household Size
2.50
demographics
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