Mackay, located on the eastern coast of Queensland, is a region that has experienced dynamic shifts in its housing market over recent years. Historically characterized by its robust involvement in the mining and resources sectors, the housing market in Mackay has seen fluctuations that closely mirror the fortunes of these industries. In recent times, there has been a notable resurgence in property demand attributed to the diversification of its economic profile, including growth in sectors like tourism and agriculture. This is reflected in the steadily increasing property prices and rental yields, making it an attractive prospect for both investors and homebuyers. The housing variety here ranges from modern suburban developments to charming Queenslander homes, offering options for different lifestyle preferences. Current trends indicate a growing interest in family-oriented homes and newly developed neighborhoods that cater to the needs of a community-focused lifestyle, underpinning an optimistic outlook for the local housing market.
Living in Mackay offers an appealing blend of natural beauty and urban convenience, with a lifestyle that capitalizes on the stunning landscapes and coastal location. The city is renowned for its proximity to the Great Barrier Reef and Whitsunday Islands, making it an ideal place for outdoor enthusiasts who enjoy activities like snorkeling, diving, and boating. Mackay's infrastructure supports a relaxed yet active lifestyle, featuring abundant parks, a scenic riverfront, and the popular Bluewater Trail for walking and cycling. In addition to its natural attractions, Mackay boasts a thriving cultural scene with galleries, theaters, and a range of festivals that reflect its diverse community spirit. Residents enjoy a subtropical climate that enhances an outdoor-oriented way of life, and the community vibe is characterized by a welcoming, laid-back atmosphere. Overall, Mackay offers a balanced lifestyle with the benefits of living in a vibrant regional center coupled with the laid-back essence typical of Queensland cities.
Median Weekly Rent | $284.33 |
Median Monthly Mortgage | $1531.00 |
Median Persons Per bed houseroom | 0.87 |
Average Household Size | 2.00 |
Average Age | 39.17 |
Average Income | $788.50 |
Average Cars Per Dwelling | 1.36 |
Average Properties Within 50M | 54 |
Typical 1 bed house | $375,000 |
Typical 2 bed house | $291,000 |
Typical 3 bed house | $1,029,000 |
Typical 4 bed house | $607,000 |
Typical 5 bed house | $696,000 |
Typical 6 bed+ house | $746,000 |
Housing Stock
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Thinking about buying in Mackay? Now could not be a better time, with 5202 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $575,000 with prices in this suburb ranging from $58,000 to $48,215,000. Mackay is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Mackay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Mackay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Mackay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Mackay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Mackay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mackay a better buying opportunity than it may have been in the past.
Instant Property ValuationUnit 3, 22 East Gordon Street, Mackay, QLD, 4740 | 2 | 1 | 0 | SOLD BY JODIE COWIN | |
Unit 403, Fusion, 2 Nelson Street, Mackay, QLD, 4740 | 3 | 2 | 2 | Offers Over $749,000 | |
Unit 15, Rivage, 26 River Street, Mackay, QLD, 4740 | For Sale | ||||
Unit 203, Fusion, 2 Nelson Street, Mackay, QLD, 4740 | 3 | 2 | 2 | Offers from $999,000 | |
20 George Street, Mackay, QLD, 4740 | 12 | 7 | 7 | Expression of Interest | |
Unit 208, Rivermarque Mackay, 55 River Street, Mackay, QLD, 4740 | 2 | 2 | For Sale by Tender 20/02/2025 12pm | ||
Unit 35, Carlyle Apartments, 23 Alfred Street, Mackay, QLD, 4740 | 1 | 1 | 1 | $285,000 | |
Unit 6, Rivage, 26 River Street, Mackay, QLD, 4740 | 1 | 1 | 1 | Offers from $255,000 | |
Unit 21, 107 Shakespeare Street, Mackay, QLD, 4740 | 2 | 1 | 1 | Offers Over $299,000 |
Mackay Central State School
St Patrick's College
Victoria Park State School
Mackay State High School
St Mary's Catholic Primary School
Mercy College
Mackay West State School
St Francis Xavier Catholic Primary School
Mackay North State School
St Joseph's Catholic Primary School
(While the above schools are located with the suburb of Mackay there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 7.6 | 23.7 | 31.5 | 59.9 | 88.9 | 5.6 | 24.4 |
Feb | 9.9 | 23.3 | 30.5 | 65.3 | 92.6 | 5.4 | 22.7 |
Mar | 12.2 | 22.7 | 29.9 | 66.2 | 94.2 | 5.2 | 19.8 |
Apr | 4.3 | 20.1 | 28.1 | 64.4 | 94.4 | 5.1 | 18.8 |
May | 2.2 | 16.1 | 25.4 | 61.7 | 94.4 | 4.7 | 16.5 |
Jun | 1.7 | 13.8 | 23.9 | 60.3 | 94.3 | 4.2 | 15.0 |
Jul | 0.8 | 11.8 | 23.3 | 57.4 | 94.7 | 4.0 | 16.4 |
Aug | 0.8 | 12.5 | 24.8 | 55.2 | 95.0 | 4.0 | 19.0 |
Sept | 0.2 | 14.9 | 27.2 | 51.1 | 93.1 | 4.5 | 23.1 |
Oct | 1.0 | 18.6 | 28.8 | 54.2 | 90.6 | 5.0 | 25.4 |
Nov | 2.9 | 20.8 | 30.2 | 54.3 | 89.3 | 5.1 | 26.6 |
Dec | 4.4 | 22.5 | 31.4 | 56.0 | 88.8 | 5.3 | 26.3 |
source: Australian Government Bureau of Meteorology
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