Property prices for sale in Mackay (Queensland)

The prices in real estate in Mackay, in the Queensland region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$362,508.17
Average price last 6 months
$510.67
Price/m² last 6 months
Average price per m2

The price per m² in Mackay has increased strongly during the last 6 months. In September, the average price per m² was $260. In the following month the price per m² increased considerably to $314. The price for the following two months in (November, December) had a considerable increment of 124 %. The price per m² has had a considerable increase of 276 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $322 to $888 during January, and February.

Average price

Based upon to the price in Mackay (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $159,143. During October the price went through a considerable rise reaching $188,737. During the following two months (November, December) the average price had a considerable increase of 150 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 300 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $618,833 they are 64 % more affordable than the average price for Mackay. The properties with the lowest average price have 3 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 4 bedrooms priced at $430,417.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $522 / m², with an average $853 / m² price in Mackay. The properties with the highest average prices have 1 bedroom. They are 290 % more expensive than the average followed by properties with 2 bedrooms with a price at $2,861 / m².

Price per property type

The graph displaying the average prices displays the property type "Retail" as the most affordable one. At an cost of $618,833 it is 51 % cheaper than the average price in Mackay. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $347,748 it is 26 % more affordable than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $552 / m² followed by "Retail" priced at $951 / m². "Apartment" is the most costly type of property with a $3,100 / m² cost followed by "Retail" with an average price of $951 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Mackay
Number of properties used in region Queensland
$618,833
$853
162
242,486
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value