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Racecourse
QLD, 4740 - Mackay

Thinking about buying in Racecourse? Now could not be a better time, with just 197 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $619,000 with prices in this suburb ranging from $262,000 to $2,639,000. Racecourse is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $360.00
Median Monthly Mortgage $1733.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 40.00
Average Income $920.00
Average Cars Per Dwelling 1.91
Average Properties Within 50M 3

Housing Stock

Average Property Prices

2 Bed  $316,000
3 Bed  $506,000
4 Bed  $1,016,000
5 Bed  $788,000

Racecourse Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Racecourse due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Racecourse 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 Racecourse 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 Racecourse 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 Racecourse a better buying opportunity than it may have been in the past.

Houses for sale Racecourse

Remax 91 gibsons rd, racecourse, qld, 4740 Beds3 Bathrooms2 Parking 6 Offers from $519,000

Local Schools

Mackay West State School

St Francis Xavier Catholic Primary School

Dundula State School

(While the above schools are located with the suburb of Racecourse there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Racecourse weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan5.023.230.960.291.83.724.2
Feb9.523.231.461.695.22.924.0
Mar3.822.130.063.395.03.221.4
Apr5.920.128.063.8953.218.1
May1.715.825.358.894.92.816.4
Jun0.912.723.755.794.92.415.2
Jul1.312.323.755.997.02.216.0
Aug0.41324.653.096.92.618.4
Sept0.514.926.452.795.82.721.6
Oct1.318.228.554.494.33.024
Nov2.220.030.051.692.23.426.7
Dec6.522.43159.292.53.923.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

OoraleaTe KowaiWest MackayFouldenErakalaAlexandraPagetSouth MackayMackayMount Pleasant

Public Transport


General Points of Interest

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