Mackay Harbour is a small community in Queensland within the Mackay local government area (postcode 4740). With a population of 686, the suburb has a mature demographic with a median age of 50. Households earn a median income of $108K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $498,000 (-1% YoY). The current median weekly rent is $820. This gives a gross rental yield of approximately 8.6%. The median monthly mortgage repayment is $2,167.
The crime rate in the Mackay LGA is moderate at 6,509 incidents per 100,000 population.
From an investment perspective, Mackay Harbour offers a gross rental yield of 8.6%, rated as high yield. Property prices sit below the state median ($498K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -1.0% year-on-year.
Mackay Harbour is a small community in Queensland within the Mackay local government area (postcode 4740). With a population of 686, the suburb has a mature demographic with a median age of 50. Households earn a median income of $108K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $498,000 (-1% YoY). The current median weekly rent is $820. This gives a gross rental yield of approximately 8.6%. The median monthly mortgage repayment is $2,167.
The crime rate in the Mackay LGA is moderate at 6,509 incidents per 100,000 population.
From an investment perspective, Mackay Harbour offers a gross rental yield of 8.6%, rated as high yield. Property prices sit below the state median ($498K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -1.0% year-on-year.