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South Mackay

Suburb Profile

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

house
unit

A 16.36% increase in median property prices in SOUTH MACKAY, 4740 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 60th.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $320,000

The augmented property values in the suburb are trailing above the territorial average of 1.55% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $370.

Home owners selling their properties and realtors in SOUTH MACKAY usually have to wait an average of 59.7 days days before their assets are lifted off the market.

The QLD suburb ranks 129th on the list of best yielding suburbs for rental properties in QLD, posting a 6.01% return.

It also places places 296th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $320,000 $165,000
GROWTH REPORT
Median Quarterly 1.59% -2.37%
Median 12 month 16.36% -4.62%
Median 3 years 24.03% -14.51%
Median 5 years -6.57% -29.18%
10 years average annual -0.42% -5.6%
Weekly media advert. rent $370 $290
Time on Market 59.7 days 0.0 days
Gross Rental Yield Percent 6.01% 9.14%
demographics (median values)
Total Population
7054
Weekly Household Income
986.7
Household Size
2.40
demographics
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