West Mackay Suburb Profile

Whether you are a first time investor or if you are considering adding to your property portfolio, the Affinity is an astute choice. The superb West Mackay location, combined with massive infrastructure spend, is sure to make AFFINITY a popular address with tenants.

As one of Queensland's largest and most prominent regional centres, Mackay's population continues to grow.

Attracted by booming mining, agricultural and tourism industries and now experiencing a major building boom, many people are flocking to this major growth area, not just for employment opportunities, but also for the lifestyle on offer.

"Mackay currently has 215 major infrastructure and development projects underway or proposed totaling $96 billion in investment"

 

96%

 

Major Infrastructure & Development Projects = $96 billion

 

With its tropical climate, access to the Great Barrier Reef, marina, beaches, rainforests and natural beauty, Mackay embodies the relaxed way of life Queenslander's love to enjoy. This is highlighted by high property and rental demands, with many experts tipping Mackay to experience continual major growth over the next decade.

One of Queensland’s strongest regional centres is poised for a market comeback. Mackay, which experienced many years of strong growth during the pre-GFC resources boom, is starting to feel the impacts of the new growth in the mining sector.

Mackay’s proximity to the Bowen Basin mining province and to the Hay Point export facilities makes it an obvious beneficiary of prosperity in the resources sector. Its economy also benefits from agriculture and tourism.

Population and Demographics

Mackay has a population of around 90,000 and has been growing at above-average rates over the past decade. The Mackay-Isaac-Whitsunday (MIW) region has a population around 180,000, which is projected to rise to 280,000 by 2031. The region will require another 51,000 dwellings, based on those forecasts. Around two-thirds of the new residents will live in Mackay, according to the State Government’s Draft MIW Regional Plan 2011-2031.

Marina

Economy and Amenities

Mining, sugar and tourism are the mainstays of the Mackay economy. Mackay is often referred to as the sugar capital of Australia because the region produces a third of the nation’s cane sugar. On average, the Mackay region produces about 850,000 tonnes of raw sugar and 180,000 tonnes of the by-product molasses annually. Mackay Harbour is home to one of the largest bulk-sugar loading terminals in the world.

Mackay is widely regarded as the gateway to the Bowen Basin coal mining region, which contains the single largest coal reserve in Australia. There are over 30 operational mines in the region which produce about 80% of Queensland’s coal output.

Mackay has become the location of choice for many companies providing services to the mining industry. This is because of its proximity to the mines, major highway and train links, and the coal export terminals at Hay Point. Global enterprises which have established facilities in the Mackay area include Caterpillar and Worley Parsons.