Sarina is a medium-sized suburb in Queensland within the Mackay local government area (postcode 4737). The area has roughly 5,619 residents and an established family demographic, with a median age of 40. Households earn a median income of $83K per year, with an average household size of 2.6 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 technicians & trades, machinery operators & drivers, labourers. Employment in the area leans toward mining and transport & logistics. The top ancestries reported are Australian, English, Scottish.
Median house prices in Sarina sit at $445,000, little changed on a year ago. Units have a median price of $330,000 (+23.7% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,733.
Sarina is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 926, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Mackay LGA is moderate at 6,570 incidents per 100,000 population.
From an investment perspective, Sarina shows a gross rental yield of approximately 5.3%, rated as high yield. Property prices sit below the state median ($445K/$1.1M), which can point to relative value. The price-to-income ratio of 5.3x is considered affordable. 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.