Get a property report and suburb profile for any property in North Mackay

North Mackay sits along the Pioneer River and is noted for its riverside parks and walking paths, the North Mackay Rotary Lookout and local retail strips.

Couples without children are the largest family group and most homes are owner-occupied, and at the 2021 Census 6,194 people lived in North Mackay. Everyday life centres on local shops, sports grounds and community facilities, arterial roads and regular bus services link residents to Mackay city and regional destinations, and a Master Plan for John Breen Park and Centenary Place is at community consultation.

On the figures, buying a house in North Mackay at a median price of $680,000 works out to about 9.5 times a typical local household's annual income, with that income around $1,375 a week at the most recent Census. Median units at $483,750 are about 6.8 times a typical local annual household income. For renters, the average house rent of $650 a week would take about 47% of a typical local household's weekly income, while the average unit rent of $475 a week would take about 35%.

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

In North Mackay the most striking movement over the twelve months to the date of the data was in house values: median house values rose a strong 19.4% while house rents rose a solid 8.3%. For houses, capital growth considerably outpaced rental income. Units followed a different pattern, with median unit values up a solid 8.6% and unit rents rising a strong 13.1%, so on units rental income grew faster than capital value. In short, houses showed larger gains in price, whereas units saw rents advance more quickly than their values, and which pattern matters will depend on whether the focus is capital growth or rental income.

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.