Thinking about buying in Paget? Now could not be a better time, with 1319 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $686,000 with prices in this suburb ranging from $46,000 to $12,364,000. Paget is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Paget due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Paget 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 Paget 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 Paget 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 Paget a better buying opportunity than it may have been in the past.
unit 4, 37 connors rd, paget, qld, 4740 | Information Memorandum.. |
Dundula State School
Mackay West State School
St Francis Xavier Catholic Primary School
Mackay State High School
Mercy College
(While the above schools are located with the suburb of Paget 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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