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Deeragun vs North Mackay

Property investment comparison - Deeragun, QLD 4818 vs North Mackay, QLD 4740

Head-to-head across core investment metrics: Deeragun wins 4, North Mackay wins 0. 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.

MetricDeeragunNorth Mackay
Median house price$640K$645K
Median unit price-$420K
Gross rental yield (houses)-5.52%
Gross rental yield (units)4.74%-
1-year house growth+16.3%+15.6%
3-year house growth+77.5%+75.0%
Vacancy rate0.9%1.3%
Population4,2736,194

Deeragun vs North Mackay: what the numbers say

The median house price is $640K in Deeragun and $645K in North Mackay, so Deeragun is the cheaper entry point, with North Mackay houses about 1% dearer.

Over the past year house prices moved +16.3% in Deeragun and +15.6% in North Mackay, so recent momentum favours Deeragun, although both suburbs recorded growth.

Looking back three years, Deeragun houses are +77.5% and North Mackay houses +75.0%, so Deeragun has compounded faster than North Mackay over the longer window.

Rental vacancy is 0.9% in Deeragun and 1.3% in North Mackay, so landlords in Deeragun face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

North Mackay is the bigger suburb, with a population of 6,194 against 4,273, larger than Deeragun; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Deeragun for a lower purchase price, Deeragun for recent price momentum, Deeragun 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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