North Mackay

POSTAL CODE: QLD, 4740
HOUSE
UNIT

Property investors enjoyed capital gains of 18.82% over the last 12 months in NORTH MACKAY, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 56.51% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.

On average, rents on listings have reached the $580 mark, reflecting a 5.34% increase in returns based on the current median price in NORTH MACKAY.

NORTH MACKAY, 4740 ranks 243rd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 60th on the list of best yielding suburbs for rental properties in QLD, posting a 5.34% return.

You’re out of free articles for this month
Loading form...