Mackay Regional, QLD

The Mackay Region is a local government area in Queensland, Australia, located in North Queensland with a population of approximately 100,000 people. It is widely known for its beautiful beaches and natural landscapes.

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Technicians and trades workers account for 20.0 % of the workforce, Professionals 14.3 %, Machinery Operators and Drivers 12.9 %, Clerical and Administrative Workers 12.0 %, and Labourers 10.6 %.

In Mackay, the typical weekly personal income for persons aged 15 and over is $698.

Separate homes account for 85.0 % of occupied private residences in Mackay, while semi-detached, row or terrace houses, townhouses, and other dwellings account for 8.4 %, 4.6 %, and other dwellings account for 1.3 %.

The Mackay property market is experiencing an increase in the number of new properties being built, which has seen a steady increase in the prices of real estate. The Mackay region is a hotspot for property investors seeking higher yields.

This page will explore the trends of the real estate market in Mackay LGA so far this year as well as provide projections into the future.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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This chart illustrates historical and projected quarterly typical price and number of sales, which are depicted as blue lines and green bars respectively. Council areas with average sales above 30/quarter and suburbs with sales above 7/quarter commonly produce high confidence forecasts.
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This chart shows historical and projected median rent and number of rentals, depicted as red lines and grey bars respectively. In many markets Rent prices lag the Typical Price by 1-2 years.
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This chart presents the gross rental yield, which is the value you generate from an investment property, represented as a percentage. The higher the percentage the better. Yield that is trending down frequently highlights a high demand market.
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Yield chart
This graph represents the dwelling demand profile for the LGA/suburb, which tends to correlate with the tenant preference for property type and number of bedrooms. Target dwelling type and number of bedrooms with the highest number of sales.
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
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The chart below shows the proportion of units to houses in this area. Generally speaking the fewer units there are, the better.
unit to houses pie charts
The pie chart below shows the percentage of renters to owners in an area. Generally speaking the more owners the better.
Renters to owners pie chart
The chart below shows the IRSAD score for the area. IRSAD stands for the Index of Relative Advantage and Disadvantage. The higher the index, the more well off the population is in the area.
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IRSAD chart
This graph shows online search interest for sale and rent listings. The black line(s) represents the search index, which is the ratio of LGA/suburb searches to the state average. Value of 5 signifies that Buy/Rent searches are at state average. Be wary of areas with SI below 3.
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Index chart
This chart plots the annual percent change in typical prices for all suburbs in this LGA. Suburbs that cross the red (zero) line more than 3 times present poor capital growth opportunities.
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

The most important metric for understanding the supply of homes in a given market. Stock on Market (SoM) is represented by bars which show the number of listings per month, and by a line which indicates the percentage of listed homes compared to the total number of dwellings in the area (SoM Percentage). A higher stock on market indicates a greater supply of properties.
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SOM chart
Inventory levels indicate the amount of stock available in relation to average monthly sales. Inventory levels above 3 months indicate a sizeable amount of stock available, while lower levels indicate diminishing supply. Decreasing inventory level trend can signal that prices may increase in the future.
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Inventory chart
Average number of years properties are re-sold in the area. The higher the value, the lower is the supply in the property market. Changing trend can act as a lead indicator to price increases / decreases.
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

The Days on Market metric shows how long, on average, it takes for listed properties to be sold. A higher number of days means that there is less demand for properties. Measured in days.
Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Monthly vacancies (bar) and Vacancy Rates (line) in the area. Vacancy rates serve as a rental market demand indicator. Lower vacancy rates point to greater demand in the rental market. Decreasing vacancy rates can act as a lead indicator to both rental and sale price increases.
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Inventory chart
Auction clearance rates in the area. The higher the clearance rate, the greater is the demand in the market. This metric is most useful at LGA level. Some high density suburbs with active markets can also have good quality clearance rate data. However, this metric is somewhat sparse for 80% of suburbs.
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Auction chart

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
You’re welcome to leave your feedback on our forum.

Property Market in Mackay Regional, QLD

What other property markets are there near Mackay Regional, QLD?

Mackay Regional is surrounded by 1 other council area – Whitsunday.

How many people live in Mackay Regional, QLD?

There are approximately 115000 people living in roughly 51000 dwellings in total, with an average household size of 2.5.

What are current and planned infrastructure projects in Mackay Regional, QLD?

Notable infrastructure projects include Dalrymple Street culvert replacement, Marwood-Sunnyside Road shoulder widening, Street water main renewal between Victoria and Gordon streets.

What major retailers are there in Mackay Regional, QLD?

The main retail centres are Caneland Central, Parkside Plaza Mackay, Sydney Street Markets, Northern Beaches Central, Myer, BIG W, Kmart, Coles.

What is the main industry in Mackay Regional, QLD?

Such sectors as mining services, education, health, aviation, tourism and agriculture make up the largest part of the employment.

What are the dominant demographic groups in Mackay Regional, QLD?

Among approximately 115000 people in Mackay Regional, QLD males and females make roughly 51% and 49% respectively. The median age of people is 37 years. Children aged 0-14 years account for approximately 21% of the population, and those aged 65+ years account for 13%.

How is unemployment rate trending in Mackay Regional, QLD?

Among approximately 58000 people employed, roughly 60% work full-time, 24% work part-time, and an estimated 9% are unemployed.

Suburbs/localities in this Local Government Area: Eton 4741, Eungella 4757, Eungella Dam 4757, Eungella Hinterland 4741, Farleigh 4741, Finch Hatton 4756, Foulden 4740, Freshwater Point 4737, Gargett 4741, Glenella 4740, Bakers Creek 4740, Balberra 4740, Grasstree Beach 4740, Greenmount 4751, Ball Bay 4741, Habana 4740, Haliday Bay 4740, Hampden 4741, Hay Point 4740, Hazledean 4741, Balnagowan 4740, Homebush 4740, Kinchant Dam 4741, Koumala 4738, Kuttabul 4741, Laguna Quays 4800, Mackay 4740, Mackay Harbour 4740, Marian 4753, Mcewens Beach 4740, Mentmore 4798, Mia Mia 4754, Midge Point 4799, Mirani 4754, Beaconsfield 4740, Mount Charlton 4741, Mount Jukes 4740, Mount Martin 4754, Mount Ossa 4741, Mount Pelion 4741, Mount Pleasant 4740, Munbura 4740, Netherdale 4756, Nindaroo 4740, North Eton 4741, North Mackay 4740, Oakenden 4741, Ooralea 4740, Belmunda 4740, Owens Creek 4741, Paget 4740, Palmyra 4751, Benholme 4754, Pindi Pindi 4798, Pinevale 4754, Pinnacle 4741, Pleystowe 4741, Racecourse 4740, Richmond 4740, Rosella 4740, Rural View 4740, Sandiford 4740, Sarina 4737, Sarina Beach 4737, Sarina Range 4737, Seaforth 4741, Septimus 4754, Shoal Point 4750, Slade Point 4740, South Mackay 4740, St Helens Beach 4798, Sunnyside 4416, Blacks Beach 4740, Te Kowai 4740, The Leap 4740, Alexandra 4740, Bloomsbury 4799, Victoria Plains 4751, Walkerston 4751, West Mackay 4740, Yalboroo 4741, Campwin Beach 4737, Brightly 4741, Broken River 4757, Alligator Creek 4740, Bucasia 4750, Calen 4798, Cape Hillsborough 4740, Andergrove 4740, Chelona 4740, Crediton 4757, Cremorne 4740, Dalrymple Heights 4757, Devereux Creek 4753, Armstrong Beach 4737, Dolphin Heads 4740, Dows Creek 4754, Dumbleton 4740, Dunnrock 4740, East Mackay 4740, Eimeo 4740, Erakala 4740

1 thought on “Mackay Regional, QLD”

  1. Are you a real estate professional with an extensive knowledge of Mackay property market? Our members would love to hear from you! What is the market outlook for Mackay Regional LGA from your point of view? Share your insights in a comment below.

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