Walkerston is a smaller suburb in Queensland within the Mackay local government area (postcode 4751). With a population of 3,615, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $111K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, clerical & administrative, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Walkerston is $490,000, having increased 4.2% over the past year. Units have a median price of $377,000 (+9.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,733.
Walkerston is served by 2 schools, including 2 primary. The average ICSEA score is 976, which is around 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, Walkerston offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($490K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +4.2% year-on-year.
Walkerston is a smaller suburb in Queensland within the Mackay local government area (postcode 4751). With a population of 3,615, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $111K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, clerical & administrative, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Walkerston is $490,000, having increased 4.2% over the past year. Units have a median price of $377,000 (+9.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,733.
Walkerston is served by 2 schools, including 2 primary. The average ICSEA score is 976, which is around 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, Walkerston offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($490K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +4.2% year-on-year.