Mackay is Australia's sugar capital and the gateway to the Bowen Basin — the world's largest metallurgical coal export region. Sub-$520K houses delivering extraordinary 8%+ yields in a market recording 16%+ annual growth represent some of Australia's finest investment fundamentals. The region's massive Carmichael coal mine production, growing Pioneer Valley agriculture, and Mackay's industrial diversification into green hydrogen create a multi-decade employment and growth outlook. At the current $520k median house price, an 80% loan at 6.25% over 30 years is about $2,561 per month.
| Median house price | $520,000 |
|---|---|
| Median unit price | $360,000 |
| Estimated monthly repayment | $2,561 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 16% |
| Gross rental yield | 8% |
| Typical days on market | 9 |
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