North Mackay is a mid-sized suburb in Queensland within the Mackay local government area (postcode 4740). With a population of 6,194, the suburb has an established demographic with a median age of 40. Households earn a median income of $72K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in North Mackay is $425,000, having surged 21.4% over the past year. Units have a median price of $256,000 (-5.3% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $1,448.
North Mackay is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 972, which is around the national average of 1,000. Healthcare facilities include 2 private hospitals. The crime rate in the Mackay LGA is moderate at 6,509 incidents per 100,000 population.
From an investment perspective, North Mackay offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($425K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +21.4% year-on-year.
North Mackay is a mid-sized suburb in Queensland within the Mackay local government area (postcode 4740). With a population of 6,194, the suburb has an established demographic with a median age of 40. Households earn a median income of $72K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in North Mackay is $425,000, having surged 21.4% over the past year. Units have a median price of $256,000 (-5.3% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $1,448.
North Mackay is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 972, which is around the national average of 1,000. Healthcare facilities include 2 private hospitals. The crime rate in the Mackay LGA is moderate at 6,509 incidents per 100,000 population.
From an investment perspective, North Mackay offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($425K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +21.4% year-on-year.