Danielle Law
๐ค SpeakerAppearances Over Time
Podcast Appearances
Thank you for having me.
Yeah, look, it's an excellent question.
And I think Mackay is really quite well placed in general at the moment.
As you touched on, we've got quite a wide, diverse space with industry, a very attractive location and a lot of natural attributes to the area.
And I think certainly post-COVID, with people putting more focus into where they may like to put themselves, you know, in that type of lifestyle to enjoy, Mackay has definitely been a strong candidate for those type of eyes as well, moving into regional areas.
yeah look it's a really good point to make actually we've certainly seen over the last two years you know those that are moving to Mackay are often selling in those southeast Queensland or interstate such as Sydney Melbourne and coming to Mackay buying you know a beautiful and affordable property and often then having a surplus of cash still in hand you know to obviously set themselves up as part of their new lifestyle and we're also finding that decision to move to Mackay is a permanent decision
It's not just a short term plan that they have.
They are making a permanent move, which certainly solidifies, you know, that we should see stable times ahead, you know, for the Mackay area.
So at the moment, you know, we're still sort of seeing for the typical home, you know, you can pick up something, you know, still quite lovely with that median value sort of sitting around just under around 400,000.
Certainly the unit market is very appealing to especially first home buyers, but also investors specifically.
We seem to see a little bit of interest from investors around that unit market where, you know, you can comfortably be picking up, you know, a unit at the moment, one or two bedrooms sort of in that just under just over $200,000 range.
But the rent returns attached to that are also, you know, quite healthy as well due to the fact that our rental market's sort of sitting at less than 1% in general.
Yeah, no, no, it's an excellent question.
And certainly I think a strong point of difference that Mackay can offer in comparison to the city is that land size.
That land size typically is around 700, 800 square metres, sometimes upwards of that level as well, which really suits our lifestyle.
People are often drawn to the Mackay area for the outdoor lifestyle and recreation is a big part of what we do.
So having space and site access for that all-important shared space
to park the boat, park the camper trailer, kayaks or paddle boards.
So certainly that's a big part of what Mackay has to offer is that larger land content.