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Investment Property Mackay, QLD, 4740

Suburb Snapshot

Mackay is a suburb in the Mackay Region of Queensland. Mackay has a population of 3,655 people and 44.24% of its occupants live in rental accommodation. The median listing price for houses is $495,000 and this has changed 15.38% over the past year and changed 30.60% over 2 years.

The median rent in Mackay for houses is $500 per week and the median rental yield is 5.25%. Stock on the market for houses/townhouses has changed -14.81% compared to last year and the average time to sell a house/townhouse is 143 days.The median listing price for units is $350,000 and this has changed 15.89% over the past year. The average unit takes 172 days to sell and the median rent for a unit in Mackay is $450 per week, producing a rental yield of 6.68%.

Supply & Demand in Mackay, Mackay

1.76%

Current vacancy rate


41

Rental stock available


3,655

Population


44.24%

Rental population


0.67%

Current vacancy rate


374

Rental stock available


114,967

Population


26.27%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Mackay, Mackay

  House Townhouses Units
Median listing price $495,000 NA $350,000
Median price change - last quarter 7.66% NA 1.15%
Median price change - 1 year 15.38% NA 15.89%
Median price change - 2 years 30.60% NA 17.44%
  House Townhouses Units
Median weekly rent $500 NA $450
Median yield % 5.25% NA 6.68%
Median rent change - 1 year 11.11% NA 7.14%
  House Units
Previous month sales 0 8
Stock on market previous month 23 40
Stock variance vs. last year -14.81% -36.51%
Average days on market 143 172

Mackay investment property listings

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