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East Mackay, QLD 4740

Home » QLD Real Estate Data » Mackay Regional, QLD » East Mackay, QLD 4740

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for East Mackay, QLD 4740 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “East Mackay, QLD 4740”

  1. The total adult population (15 years or older) of East Mackay 4740 QLD is 3,083, with a median age of 42. Of those, 43.11% are married, 14.95% are divorced or separated, 34.41% are single and 7.53% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $8,820. The median monthly mortgage repayment for households in this suburb is $1,625 which is 18.42% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within sunny Queensland, the suburb of East Mackay 4740 is home to approximately 1850 households. As of Q3 2023, the typical price for houses here is at a comfortable $481,737. This dovetails well with the median weekly rent of $532. Consequently, this provides an enticing indicative yield of 5.74% for potential investors.

    A closer look at some fundamental metrics highlights positive aspects of this suburb. With an IRSAD score of 963 out of 1217, East Mackay evidences a respectable socio-economic status. A favorable aspect for potential investors is the relatively balanced renter to owner ratio at 37%, which translates to moderate market competition.

    When it comes to the supply side of the market, the statistics tell a favourable story. The suburb boasts a low units to houses ratio at 14% – a number which aligns neatly with the preference for markets that have fewer units to houses to attract longer renters tenancy and maintain higher rental yields.

    On the affordability front, East Mackay comes out notably strong with an affordability index of 21 years – well below the average. This metric demonstrates East Mackay’s high housing affordability amongst its residents.

    The suburb also shows promise in terms of supply metrics. It presents an excellent stock on market Percentage for houses at 0.24% – indicating a low supply and hence, a favourable market for potential investors. This is further supported by a healthy inventory level for houses at 0.51 months.

    In terms of building growth, the building approvals Ratio is modestly low at 0.32%, indicating a well-managed supply of new dwelling stock in the market.

    On the flip side, The Demand metric’s days on market for houses sits on the borderline at 36, indicating a neutral demand scenario. The combined vacancy rate for houses and units is 2.63%, also signifying a neutral demand situation.

    Finally, the buy search index for houses comes in at a reasonable rate of 4, indicating somewhat of a neutral interest from potential buyers searching online for properties in East Mackay.

    Thus, under the lens of these key property market metrics, East Mackay 4740 presents some buoyant aspects for property investors, although as always, watching market trends and conducting comprehensive research, using more advanced tools such as the RCS developed by HtAG Analytics, would be an ideal approach to secure a high performing investment.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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