Thinking about buying in Mackay? Now could not be a better time, with 5202 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $575,000 with prices in this suburb ranging from $58,000 to $48,215,000. Mackay is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $284.33 |
Median Monthly Mortgage | $1531.00 |
Median Persons Per Bedroom | 0.87 |
Average Household Size | 2.00 |
Average Age | 39.17 |
Average Income | $788.50 |
Average Cars Per Dwelling | 1.36 |
Average Properties Within 50M | 54 |
1 Bed  $375,000 |
2 Bed  $291,000 |
3 Bed  $1,029,000 |
4 Bed  $607,000 |
5 Bed  $696,000 |
6 Bed+$746,000 |
In Mackay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Mackay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Mackay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Mackay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Mackay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mackay a better buying opportunity than it may have been in the past.
Mackay Central State School
St Patrick's College
Victoria Park State School
Mackay State High School
St Mary's Catholic Primary School
Mercy College
Mackay West State School
St Francis Xavier Catholic Primary School
Mackay North State School
St Joseph's Catholic Primary School
(While the above schools are located with the suburb of Mackay there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 7.6 | 23.7 | 31.5 | 59.9 | 88.9 | 5.6 | 24.4 |
Feb | 9.9 | 23.3 | 30.5 | 65.3 | 92.6 | 5.4 | 22.7 |
Mar | 12.2 | 22.7 | 29.9 | 66.2 | 94.2 | 5.2 | 19.8 |
Apr | 4.3 | 20.1 | 28.1 | 64.4 | 94.4 | 5.1 | 18.8 |
May | 2.2 | 16.1 | 25.4 | 61.7 | 94.4 | 4.7 | 16.5 |
Jun | 1.7 | 13.8 | 23.9 | 60.3 | 94.3 | 4.2 | 15.0 |
Jul | 0.8 | 11.8 | 23.3 | 57.4 | 94.7 | 4.0 | 16.4 |
Aug | 0.8 | 12.5 | 24.8 | 55.2 | 95.0 | 4.0 | 19.0 |
Sept | 0.2 | 14.9 | 27.2 | 51.1 | 93.1 | 4.5 | 23.1 |
Oct | 1.0 | 18.6 | 28.8 | 54.2 | 90.6 | 5.0 | 25.4 |
Nov | 2.9 | 20.8 | 30.2 | 54.3 | 89.3 | 5.1 | 26.6 |
Dec | 4.4 | 22.5 | 31.4 | 56.0 | 88.8 | 5.3 | 26.3 |
source: Australian Government Bureau of Meteorology
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