AREA REPORTS

West Mackay

 

 

QLD/
West mackay

Suburb Profile

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

house

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 1.87% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $350.

Home owners selling their properties and realtors in WEST MACKAY usually have to wait an average of 65.2 days days before their assets are lifted off the market.

The QLD suburb ranks 139th on the list of best yielding suburbs for rental properties in QLD, posting a 5.69% return.

It also places places 150th 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 N/A
GROWTH REPORT
Median Quarterly 3.23% N/A
Median 12 month 6.14% N/A
Median 3 years -5.33% N/A
Median 5 years -17.21% N/A
10 years average annual -1.12% N/A
Weekly media advert. rent $350 N/A
Time on Market 65.2 days N/A
Gross Rental Yield Percent 5.69% N/A
demographics (median values)
Total Population
6268
Weekly Household Income
1017
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Why these suburbs are faring better than others as prices fall

New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...

Bill Shorten

New negative gearing modelling gets green light from property experts

Multiple industry body heads have accepted SQM’s updated modelling of what the property market could look like under Labor’s proposed ne...

Crowd

Key investor market slips away in last quarter

Analysis of recent ABS data has shown that the decline in overseas migration eased over the recent quarter, which is important for property....

Airbnb mobile application

ATO sets crackdown on missing tax dollars from Airbnb hosts

There is a significant amount of tax dollars that have gone missing through the Airbnb gig economy, as hosts are failing to report side inco...

Suburbs

Good yield needed to succeed in today’s market: Accountant

With a number of major property markets currently at a softening phase, experts encourage investors to reassess their strategies in order to...

Bill Shorten

What rent, values look like under Labor: New modelling

An updated modelling of the Labor government’s proposed changes to negative gearing has found that yields are likely to go up while prices...