Located in Queensland within the Mackay local government area, Mount Pleasant is a compact suburb (postcode 4740). It is home to about 4,694 residents, with an established demographic and a median age of 41. Households earn a median income of $88K per year, with an average household size of 2.4 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.
Median house prices in Mount Pleasant sit at $750,000, little changed on a year ago. The median weekly rent is $390 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,668.
Mount Pleasant is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1013, which is around the national average of 1,000. The crime rate in the Mackay LGA is moderate at 6,570 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.7% (low yield). Property prices sit below the state median ($750K/$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.