Eimeo is a smaller suburb in Queensland within the Mackay local government area (postcode 4740). With a population of 3,285, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $120K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Eimeo is $502,000, having grown strongly 8% over the past year. Units have a median price of $350,000 (+14.8% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 7.0%. The median monthly mortgage repayment is $1,733.
The crime rate in the Mackay LGA is moderate at 6,509 incidents per 100,000 population.
From an investment perspective, Eimeo offers a gross rental yield of 7.0%, rated as high yield. Property prices sit below the state median ($502K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved +8.0% year-on-year.
Eimeo is a smaller suburb in Queensland within the Mackay local government area (postcode 4740). With a population of 3,285, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $120K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Eimeo is $502,000, having grown strongly 8% over the past year. Units have a median price of $350,000 (+14.8% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 7.0%. The median monthly mortgage repayment is $1,733.
The crime rate in the Mackay LGA is moderate at 6,509 incidents per 100,000 population.
From an investment perspective, Eimeo offers a gross rental yield of 7.0%, rated as high yield. Property prices sit below the state median ($502K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved +8.0% year-on-year.