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West Mackay
AREA REPORTS

West Mackay

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

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 19.64% capital gain.

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 $362,500

The augmented property values in the suburb are trailing above the territorial average of 5.85% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $380.

Home owners selling their properties and realtors in WEST MACKAY usually have to wait an average of 56.6 days days before their assets are lifted off the market.

The QLD suburb ranks 209th on the list of best yielding suburbs for rental properties in QLD, posting a 5.45% return.

It also places places 431st 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 $362,500 $227,500
GROWTH REPORT
Median Quarterly 2.11% 1.11%
Median 12 month 8.21% -6.19%
Median 3 years 19.64% N/A
Median 5 years 11.03% N/A
10 years average annual -0.23% -4.49%
Weekly media advert. rent $380 $325
Time on Market 56.6 days 99.3 days
Gross Rental Yield Percent 5.45% 7.43%
demographics (median values)
Total Population
6268
Weekly Household Income
1017
Household Size
2.40
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