West Mackay QLD

Postcode 4740 · Mackay LGA

West Mackay is a mid-sized suburb in Queensland within the Mackay local government area (postcode 4740). With a population of 6,536, the suburb has an established demographic with a median age of 42. Households earn a median income of $88K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in West Mackay is $459,000, having grown strongly 6.6% over the past year. Units have a median price of $325,000 (+17.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $1,595.

West Mackay is served by 1 school, including 1 primary. The average ICSEA score is 980, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Mackay LGA is moderate at 6,509 incidents per 100,000 population.

From an investment perspective, West Mackay offers a gross rental yield of 6.8%, rated as high yield. Property prices sit below the state median ($459K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.2x is considered affordable. House prices have moved +6.6% year-on-year.

INVESTMENT SIGNALS
Rental Yield6.8% High Yield
Price vs State$459K/$1.1M Below Median
Affordability5.2x Affordable
Price Momentum+6.6% Rising
INCOME (ATO 2022-23)
Median Income$66,243
Mean Income$78,258
Earners4,208
YoY Change+4.7%
SEIFA INDEX (ABS)
Advantage4/10
Education4/10
Economic3/10
Disadvantage4/10
MEDIAN HOUSE
$459K
6.6% YoY
MEDIAN UNIT
$325K
17.3% YoY
MEDIAN RENT /WK
$320
POPULATION
6,536
DEMOGRAPHICS
Median Age42
Household Size2.3
HH Income /wk$1,696
Personal Income /wk$838
Mortgage /mth$1,595
CRIME (Mackay LGA)
Crime Rate (per 100k)6,509
Total Incidents6,509
SCHOOLS (1)
Avg ICSEA980
Total Students770
Government1
Mackay West State SchoolPrimary · Government · ICSEA 980
HOSPITALS (1)
Mackay Base Hospitalpublic
Data: 2024