South Mackay is a mid-sized suburb in Queensland within the Mackay local government area (postcode 4740). With a population of 6,918, the suburb has an established demographic with a median age of 39. Households earn a median income of $77K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in South Mackay is $425,000, having surged 11.8% over the past year. Units have a median price of $290,000 (+7.4% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,500.
South Mackay is served by 1 school, including 1 secondary. The average ICSEA score is 936, which is below the national average of 1,000. The crime rate in the Mackay LGA is moderate at 6,509 incidents per 100,000 population.
From an investment perspective, South Mackay offers a gross rental yield of 6.7%, 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 5.5x is considered affordable. House prices have moved +11.8% year-on-year.
South Mackay is a mid-sized suburb in Queensland within the Mackay local government area (postcode 4740). With a population of 6,918, the suburb has an established demographic with a median age of 39. Households earn a median income of $77K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in South Mackay is $425,000, having surged 11.8% over the past year. Units have a median price of $290,000 (+7.4% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,500.
South Mackay is served by 1 school, including 1 secondary. The average ICSEA score is 936, which is below the national average of 1,000. The crime rate in the Mackay LGA is moderate at 6,509 incidents per 100,000 population.
From an investment perspective, South Mackay offers a gross rental yield of 6.7%, 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 5.5x is considered affordable. House prices have moved +11.8% year-on-year.