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 5.4% and has experienced a 12-month capital growth of Up 16.7%, with a median house buy price of $630,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$495,000
$575,000
$752,500
$630,000
Suburb Market Profile
Last month Mackay had 40 properties available for rent and 44 properties for sale. Median property prices over the last year range from $630,000 for houses to $420,500 for units. If you are looking for an investment property, consider houses in Mackay rent out for $600 PW with an annual rental yield of 5.4% and units rent for $500 PW with a rental yield of 6.8%. Mackay has seen an annual compound growth rate of 16.7% for houses and 16.8% for units.
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