Question 1

Is Meikleville Hill a nice place to live?

Accepted Answer

Meikleville Hill is a compact, elevated residential pocket in Mackay with streets that climb from the shoreline. Many properties have broad outlooks over water and across the city, and the housing mixes older cottages with contemporary homes.

The community is older, with couples without children at home and many households owning their homes outright; at the 2021 Census 450 people lived in Meikleville Hill. Small parks, walking routes by the water and a handful of local amenities provide quiet recreation, while main roads give straightforward access into Mackay for larger shopping and services. The Meikleville water pump station pumps water into the Meikleville Hill reticulation and gravity feeds the Pacific Heights reservoir.

Question 2

Is it expensive to live in Meikleville Hill?

Accepted Answer

A house renting for $750 a week in Meikleville Hill would use about 47% of a typical local household's weekly income of $1,589, according to the most recent Census. That is a large share of income, so on these figures renting a house here would take almost half of what a typical local household earned at the time; if you're renting rather than buying, that rent share is the number that matters.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Meikleville Hill a good place to invest?

Accepted Answer

Meikleville Hill hasn't had enough recent sales to produce reliable figures on how house or unit values and rents have moved. That can happen in smaller or quieter markets, and without those published movements there isn't a clear picture of how the suburb has performed as an investment.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	2	3
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$750	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	QLD
Median age years	52	38
Median household income weekly	$1,589	$1,675
Couples with children share of families	29.5%	41.2%
Couples without children share of families	60.5%	40.3%
One-parent families share of families	10.1%	16.8%
Homes owned outright share of homes	46.1%	30.1%
Homes with a mortgage share of homes	27.0%	35.6%
Homes rented share of homes	27.0%	34.3%

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