NORTH MACKAY 4740
State: QLDPosiProp AI Investment Summary
NORTH MACKAY (QLD 4740) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.5% and has experienced a 12-month capital growth of Up 17.9%, with a median house buy price of $597,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$497,500
$585,000
$700,000
$597,500
Suburb Market Profile
Last month North Mackay had 24 properties available for rent and 16 properties for sale. Median property prices over the last year range from $597,500 for houses to $380,500 for units. If you are looking for an investment property, consider houses in North Mackay rent out for $650 PW with an annual rental yield of 5.5% and units rent for $478 PW with a rental yield of 6.8%. North Mackay has seen an annual compound growth rate of 17.9% for houses and 24.1% for units.