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Adare vs Mackay Harbour

Property investment comparison - Adare, QLD 4343 vs Mackay Harbour, QLD 4740

Head-to-head across core investment metrics: Adare wins 1, Mackay Harbour wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAdareMackay Harbour
Median house price$930K-
Median unit price$285K$620K
Gross rental yield (houses)3.74%5.02%
Gross rental yield (units)5.66%-
1-year house growth+17.6%estimate-
3-year house growth--
Vacancy rate0.9%0.7%
Population1,027686

Adare vs Mackay Harbour: what the numbers say

For units, Adare sits at a median of $285K against $620K in Mackay Harbour, which makes Adare the more affordable unit market and Mackay Harbour the pricier one.

On cash flow, Mackay Harbour leads: houses there return a gross rental yield of 5.02%, compared with 3.74% in Adare, a gap of 1.28 percentage points.

Rental vacancy is 0.7% in Mackay Harbour and 0.9% in Adare, so landlords in Mackay Harbour face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Adare is the bigger suburb, with a population of 1,027 against 686, larger than Mackay Harbour; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mackay Harbour for rental income, Mackay Harbour for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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