MACKAY 4740
State: QLDPosiProp AI Investment Summary
MACKAY (QLD 4740) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.3% and has experienced a 12-month capital growth of Up 23.1%, with a median house buy price of $594,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$510,000
$595,000
$722,500
$594,000
Suburb Market Profile
Last month Mackay had 23 properties available for rent and 40 properties for sale. Median property prices over the last year range from $594,000 for houses to $415,000 for units. If you are looking for an investment property, consider houses in Mackay rent out for $550 PW with an annual rental yield of 5.3% and units rent for $480 PW with a rental yield of 7.5%. Mackay has seen an annual compound growth rate of 23.1% for houses and 24.9% for units.