Calen (postcode 4798) is a sparsely populated locality in Queensland within the Mackay local government area. With a population of 427, the suburb has an established family demographic with a median age of 43. Households earn a median income of $74K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are machinery operators & drivers, labourers, technicians & trades. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Aboriginal Australian.
Calen has a median house price of $635,000, holding roughly steady year-on-year. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,300.
Calen is served by 1 school, including 1 combined. The average ICSEA score is 926, which is below the national average of 1,000. The crime rate in the Mackay LGA is moderate at 6,570 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.0%, which reads as low yield. Property prices sit below the state median ($635K/$1.1M), which can point to relative value. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.