Question 1

Is Mount Pleasant a nice place to live?

Accepted Answer

Mount Pleasant is an established residential suburb of Mackay just south of the city centre, with a quietly suburban feel that appeals to families and retirees. The neighbourhood is mostly low-rise homes on mature streets with pockets of newer infill housing. Its community of 4,694 people has a median age of 41 and a typical household income of $1,686 a week; families make up the bulk of households and about 74.6% of homes are owner-occupied.

Day-to-day life centres on nearby local shops, schools and parks, while commuting is straightforward via main roads and local bus services. The suburb sits close to the coastal plain, the river and the harbour, giving easy access to beaches, riverfront recreation and the surrounding sugarcane landscape. Active-transport links such as the Gooseponds shared trail connect Mount Pleasant with Glenella and North Mackay, and council work includes repurposing the Gordon White Library building into a community facility once the new library at the Northern Beaches Community Hub opens; transport projects on the Mackay Ring Road are also under way.

Question 2

Is it expensive to live in Mount Pleasant?

Accepted Answer

Renting and buying point in different directions in Mount Pleasant. House rents run to about $690 a week, which is roughly 41% of a typical local household's weekly income at the last Census (a large share), while units rent at about $550 a week, or about 32.6% of that income (a sizeable share). By comparison, the median house price of $691,000 is about 7.9 times a typical local annual household income at the last Census, so buying sits well above what people locally earned then. Whether that feels expensive depends on your own income and circumstances.

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 Mount Pleasant a good place to invest?

Accepted Answer

Over the past year in Mount Pleasant, median house values climbed 12.9%, a strong rise, while house rents increased 5.3%, a solid gain. Unit rents rose 10.0%, a strong increase. In that sense, capital growth on houses outpaced rental growth for houses this year, and unit rents advanced faster than house rents.

If your priority is capital growth, the house value change is the figure that matters. If rental income is your focus, the 10.0% rise in unit rents is the pertinent number. Whether that balance suits your plans depends on your objectives and circumstances.

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	$691K	N/A
Change in value Past 12 months	12.9%	N/A
Sold Past 3 months	18	N/A
Median days on market Past 12 months	13	N/A
Average rent Past 12 months	$690	$550
Change in rent Past 12 months	5.3%	10.0%

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