In Q3 2019, Mackay recorded a median house price of $338,000, and a median unit price of $158,000. This represents annual (Q3 2018 – Q3 2019) median price growth of 4.6% for houses and a price softening of -35.5% for units. At the same time total sales slowed, by -17.3% for houses (to 43 sales) and by -50.0% for units (to 8 sales). Although the unit market can be volatile, the house market shows a return in confidence and potentially an undersupply.
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