Mackay's property market climbing like a Rocket Man

BIG events like Elton John's concert, our flourishing tourism sector and growing business confidence is attracting investment in Mackay once more.

Renewed confidence in Mackay means more homes are being snapped up by those eager to plant their roots in the region. Picture: Tony Martin

BIG events like Elton John's concert, our flourishing tourism sector and growing business confidence is attracting investment in Mackay once more, according to a leading real estate agent.

Explore Property's Ben Chick says there are currently 2284 properties on the market in the Mackay greater region - roughly 700 less than there was six to nine months ago.

"There's less choice for people and that's a good thing," Mr Chick said.

"People are happy to talk about the positivity in Mackay again.

"Anyone in property management can tell you people are coming from out of town to rent properties which is a huge positive because they're the people who will be buying soon once they get a feel for the area and work out where they want to live long term."

He said it wasn't just the confidence in the mining sector driving people to town.

"We had 10-12 new employees from the hospital brand new to town apply for a home to rent so it's not just the mining... there are so many things going well we don't talk about," Mr Chick said.

"Elton John coming to town, the tourism ... and it's actually locals typically buying the high-end property at the moment, they're the ones who have confidence that Mackay is going well and they want to stay here long term."

So are there some suburbs in the Mackay region more attractive to buyers than others?

"All the suburbs are popular," Mr Chick said.

"If properties are well priced people will move from one end of the region to the other.

"All suburbs have everything people need; shops, schools and a good community feel. Most places have all those amenities, so it's a case of buy where you want to live."

Explore Property's Ben Chick says big events like the Elton John concert is seeing more people confident to invest in Mackay. Picture: Contributed

Mr Chick said it wasn't just a buyer's market at the moment; it was also positive news for sellers.

"Our (former) 11.7% vacancy rate is down to about 7% so you've got 4% of the market chewed up with people moving into rentals, this is that influx - nobody goes to a town and buys straight away," he said.

"(At the moment) we're selling a house a day. We're only one agency, so that tells me there's a lot of houses selling.

"Auctions are also big. We have four properties going to auction in about three weeks time and then another four a couple of weeks after that."

"But it's not just about auctions and deadlines, the way the market is now there's really positive recent sales so it's not always (obvious) what something is worth."

Mr Chick said while some agents are moving properties under the $300,000 price, he's seeing movement further up.

"The bottom end of the market is actually a lot harder to move - the middle end is a lot more affordable at the moment," he said.

Four upcoming auctions

2164 Yakapari Seaforth Road, SEAFORTH

Auction Monday, March 27 at 6pm

Welcoming new beginnings, an ideal refuge from the day to day hustle and bustle, you will find this 4 bedroom, 1 bathroom brick home on 1000 sq metres, with a brick shed and an in-ground swimming pool.

Sizeable rooms, the kitchen is modern, open plan and complete with a dishwasher and a separate air-conditioned, formal lounge close by. A rear entertainment area for alfresco dining, whilst watching the kids swim in the inground pool.

Side access to the shed for all the toys, this property is child friendly and close to fishing, prawning and crabbing and there is even a swimming enclosure for the kids to enjoy at the beach. With a must view, your new home awaits you and is only 30 minutes from Mackay.

For more photos click here.

14 Jasmine Drive, BLACKS BEACH

Auction Monday, March 13 at 6pm

Quiet & peaceful situated on 843sqm you can almost hear the waves from the nearby Blacks Beach. Open plan, spacious and well maintained, this 4 bedroom, 2 bathroom with double lockup garage is ready for purchase. Comforts & convenience the home offers neutral toning's, tiled and carpeted throughout with a spacious outlook that will make you want to stay.

For more photos click here.

55 Jasmine Drive, BLACKS BEACH

Auction Monday, March 13 at 6pm

Private and convenient is this 4 bedroom, 2 bathroom home situated on 723m2. Bright, neatly presented, timeless interiors and an open living space. A low-maintenance home, welcoming for first home buyers, investors and anyone who loves the ocean lifestyle. Double lock up garage, rear entertainment area in a quiet court.

For more photos click here.

45 Emperor Drive, ANDERGROVE

Auction Monday, March 13 at 6pm

Ideally positioned in an elevated position in popular Andergrove this property is private and perfect for those looking to secure a wonderful family home or secure an excellent investment property.

With 4 bedrooms, the main has a walk-in-robe and ensuite with a spa. An open plan living/dining/kitchen opens out to the entertaining area. There is a large family room overlooking the pool and cubby house for the kids. Lowset and easy to maintain a property you probably never thought you would be able to afford.

For more photos click here.

Originally published as Mackay's property market climbing like a Rocket Man