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Mackay (QLD) property development snapshot

GoSiteHunt Research · Queensland · sales Dec 2025 quarter · rents Mar 2026 quarter (new tenancies)

$690,000
Median house price · Dec 2025 quarter
+15%
Median change, year on year
673
House sales in the period
$650/wk
Median rent · 3-bed houses
4.9%
Indicative gross yield
#10
of 33 · Queensland Opportunity Index

Median rents by bedroom — Mackay (R) rental area

Type1-bed2-bed3-bed4+ bedAll
House$530/wk (40 bonds)$650/wk (247 bonds)$730/wk (277 bonds)
Townhouse$580/wk (19 bonds)$620/wk (19 bonds)
Unit$380/wk (76 bonds)$480/wk (164 bonds)$610/wk (59 bonds)

Bond-lodgement medians from the © The State of Queensland Residential Tenancies Authority (CC BY 3.0 AU), Mar 2026 quarter (new tenancies). "Low sample" = the count is masked or small at source; treat those medians with care.

What the data suggests for developers.

A gross yield around 4.9% is middling: it neither rescues nor kills a development case in Mackay. End values and build cost will decide the feasibility, with rent as a secondary support. The median moved +15% year-on-year on 673 sales — momentum is real, but never pay for it twice: if the asking price already banks the growth, the residual land value has to be run on today's evidence, not the trend line. Mackay currently ranks #10 of the 33 areas in the Queensland Opportunity Index — the yield, movement and developer buy-box demand mix lines up better here than in most of the state's qualifying areas. Rental depth is genuine: 247 bonds behind the headline median means the rent figure is an observed market, not a handful of tenancies. All of the above is area-level screening, not advice: a specific parcel lives or dies on zoning, overlays, frontage, and the end value of what it can actually carry.

Check a specific address in Mackay.

This page is LGA-level screening. For one property — zoning, what could be built, what a developer could pay — run a GoSiteHunt site check, screen it with the free Deal Killer Checklist, or see how many units fit on a block.

Related LGA snapshots: Logan · Maranoa · Lockyer Valley

State-wide ranking: Queensland Opportunity Index · all covered areas: suburb data hub

Granularity & method.

Council (LGA) level — Queensland does not publish suburb-level sale prices as open data. Sale medians are detached-house sales on a QVAS contract-date basis; rents are RTA new-tenancy medians for the LGA. Indicative gross yield = headline weekly bond median × 52 ÷ sale median — a screening ratio, not a valuation input.

Sources: Residential Land Development Activity, Queensland Government Statistician's Office, Queensland Treasury (CC BY 4.0) · © The State of Queensland Residential Tenancies Authority (CC BY 3.0 AU) · Indicative screening data — not financial, investment, valuation or planning advice. Area medians can move sharply between periods, especially on thin samples. © Madison Jade Pty Ltd.