Mackay Harbour is a small locality in Queensland within the Mackay local government area (postcode 4740). The area has roughly 686 residents and a settled, mature resident base, with a median age of 50. Households earn a median income of $108K per year, with an average household size of 2.1 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 professionals, managers, technicians & trades. Employment in the area leans toward mining and healthcare. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $498,000 (-1% YoY). The current median weekly rent is $880. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $2,167.
The crime rate in the Mackay LGA is moderate at 6,570 incidents per 100,000 population.
From an investment perspective, Mackay Harbour shows a gross rental yield of approximately 9.2%, rated as high yield. Property prices sit below the state median ($498K/$1.1M), which can point to relative value. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -1.0% 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.