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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Mackay, the median property price for a house is currently 410,000 with annual capital growth of 14.21 . There were 69 house sales in the past 12 months. On average, houses spend 24 days on market.
If you're thinking about buying an investment property in Mackay, consider that rental yields for houses are currently 7.09 with an average median rent of 482 weekly. Houses have seen 5.67 growth in the past quarter, and 14.21 growth in the past 12 months.
The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2011 was 4,070 people. By 2016 the population was 3,642 showing a population decline of 10.5% in the area during that time. The predominant age group in Mackay is 20-29 years.
Households in Mackay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mackay work in a professional occupation. In 2011, 31.8% of the homes in Mackay were owner-occupied compared with 31.8% in 2016.
In Mackay, the median property price for a unit is currently 320,000 with annual capital growth of 16.36 . There were 144 unit sales in the past 12 months. On average, units spend 31 days on market.
If you're thinking about buying an investment property in Mackay, consider that rental yields for units are currently 7.67 with an average median rent of 450 weekly. Units have seen 6.40 growth in the past quarter, and 16.36 growth in the past 12 months.
The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2011 was 4,070 people. By 2016 the population was 3,642 showing a population decline of 10.5% in the area during that time. The predominant age group in Mackay is 20-29 years.
Households in Mackay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mackay work in a professional occupation. In 2011, 31.8% of the homes in Mackay were owner-occupied compared with 31.8% in 2016.
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| Key Market Data | House | Unit |
| Median price | 410,000 | 320,000 |
| Quarterly growth | +5.67 | +6.40 |
| 12-month growth | +14.21 | +16.36 |
| Average annual growth | +7.54 | +6.60 |
| Weekly median rent | 482 | 450 |
| Gross rental yield | 7.09 | 7.67 |
| Number of Sales (12m) | 69 | 144 |
| Avg. Days on Market (12m) | 24 | 31 |
| Key Demographics | 2011 | 2016 |
| Total population | 4,070 | 3,642 |
| Population change (5y) | +6.74 | -10.50 |
| Median household income (p/w) | 1,200 | 959 |
| Household income change (5y) | +54.04 | -20.08 |
| Median age of persons | 34 | 38 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Mackay was 3,642 in 2016, a -10.50 change compared to 2011.
The predominant age group in Mackay is 20-29 years.
The population of Mackay was 3,642 in 2016, a -10.50 change compared to 2011.
The predominant age group in Mackay is 20-29 years.
Most of the population in Mackay were born in Australia.
Most of the population in Mackay were born in Australia.
Most of the population in Mackay report their religion as Catholic.
Most of the population in Mackay report their religion as Catholic.
Most of the population in Mackay report their income range as between 15,000 and 33,000 .
The median household income in Mackay was 959 in 2016, a -20.08 change compared to 2011.
Most of the population in Mackay report their income range as between 78,000 and 130,000 .
The median household income in Mackay was 1,200 in 2011, a +54.04 change compared to 2006.
Most of the population in Mackay work as Professional.
Most of the population in Mackay work as Trades.
The chart below demonstrates the various levels of education in Mackay.
The chart below demonstrates the various levels of education in Mackay.
Most of the population in Mackay reached a qualification level of Certificate.
Most of the population in Mackay reached a qualification level of Certificate.
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