West Mackay, QLD 4740: Suburb Profile & Property Report

Market Report

House report
Unit Report

In West Mackay, the median property price for a house is currently $490,000 with annual capital growth of 17.01% . There were 173 house sales in the past 12 months. On average, houses spend 14 days on market.

If you're thinking about buying an investment property in West Mackay, consider that rental yields for houses are currently 6.46% with an average median rent of $575 weekly. Houses have seen 8.05% growth in the past quarter, and 17.01% growth in the past 12 months.

The size of West Mackay is approximately 6.5 square kilometres. It has 9 parks covering nearly 8.5% of total area. The population of West Mackay in 2011 was 6,506 people. By 2016 the population was 6,209 showing a population decline of 4.6% in the area during that time. The predominant age group in West Mackay is 40-49 years.

Households in West Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Mackay work in a professional occupation. In 2011, 60.1% of the homes in West Mackay were owner-occupied compared with 60.8% in 2016.

In West Mackay, the median property price for a unit is currently $330,000 with annual capital growth of 10.92% . There were 39 unit sales in the past 12 months. On average, units spend 23 days on market.

If you're thinking about buying an investment property in West Mackay, consider that rental yields for units are currently 6.68% with an average median rent of $480 weekly. Units have seen -1.49% growth in the past quarter, and 10.92% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$490,000	$330,000
Quarterly growth	+8.05%	-1.49%
12-month growth	+17.01%	+10.92%
Average annual growth	+7.90%	+8.70%
Weekly median rent	$575	$480
Gross rental yield	6.46%	6.68%
Number of Sales (12m)	173	39
Avg. Days on Market (12m)	14	23

Jump to Market Trends

Key Demographics	2011	2016
Total population	6,506	6,209
Population change (5y)	+3.80%	-4.60%
Median household income (p/w)	$1,305	$1,280
Household income change (5y)	+28.07%	-1.92%
Median age of persons	38	41

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in West Mackay is $490,000 for houses and $330,000 for units.

The Median Growth in West Mackay over the past 12 months is 17.01% for houses and 10.92% for units.

Over the past 12 months there were 173 houses sold and 39 units sold in West Mackay. On average, houses spent 14 days on market and units spent 23 days on market.

In the past 12 months up to September 2024 there were 173 houses sold and 39 units sold in West Mackay. On average, houses spent 14 days on market and units spent 23 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in West Mackay is $575 for houses and $480 for units.

The Rental Yield in West Mackay is 6.46% for houses and 6.68% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of West Mackay was 6,209 in 2016, a -4.60% change compared to 2011.

The predominant age group in West Mackay is 40-49 years.

The population of West Mackay was 6,209 in 2016, a -4.60% change compared to 2011.

The predominant age group in West Mackay is 30-39 years.

Most of the population in West Mackay were born in Australia.

Most of the population in West Mackay report their religion as Catholic.

Most of the population in West Mackay report their income range as between $78,000 and $130,000 .

The median household income in West Mackay was $1,280 in 2016, a -1.92% change compared to 2011.

Most of the population in West Mackay report their income range as between $78,000 and $130,000 .

The median household income in West Mackay was $1,305 in 2011, a +28.07% change compared to 2006.

Most of the population in West Mackay work as Professional.

Most of the population in West Mackay work as Trades.

The chart below demonstrates the various levels of education in West Mackay.

Most of the population in West Mackay reached a qualification level of Certificate.

2011 2016

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