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Lake Macdonald, QLD 4563
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,420,000
market range $1.3M-$1.8M
Median Unit
$740,000
Gross Yield (houses)
3.1%
1yr Growth (houses)
+10.1%
market range +7.5% to +15.0%
Investment snapshot for Lake Macdonald
Lake Macdonald has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Lake Macdonald market and investor summary
In Lake Macdonald, QLD 4563, the median house sells for around $1.4M, on a gross rental yield of 3.1% for houses. House prices have moved +10.1% over the past year and +9.5% over three years. At 4.7% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 4.7% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 71 days on market, so plan for a slower exit if you ever need one.
Living in Lake Macdonald: people, income and schools
Lake Macdonald is home to around 1,352 people, and the area has been growing steadily, up about 9% over five years. At a median age of 49, it reads as skewed a little older, and 88% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $92,000 a year (about $1,770 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 15.4 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 32% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Families have 2 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 3 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 1,352
- +9% over 5yr
- Median age
- 49 years
- Median household income
- $92,000/yr
- Households renting
- 10%
- Family households
- 82%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1024
- Unemployment
- 3.4%
- Walk score
- 3/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Lake Macdonald
No properties currently listed in Lake Macdonald
Search Lake Macdonald listings →Frequently asked questions about Lake Macdonald
What should I check before investing in Lake Macdonald?
Lake Macdonald has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.0%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +10.1% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Lake Macdonald?
The median property price in Lake Macdonald, QLD 4563 is $1.4M for houses and $740K for units.
What rental yield does Lake Macdonald show?
The gross rental yield in Lake Macdonald is 3.1% for houses and 5.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Lake Macdonald?
House prices in Lake Macdonald are up 10.1% over the past year and up 9.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Lake Macdonald?
The current vacancy rate in Lake Macdonald is 4.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Lake Macdonald?
Lake Macdonald has a population of approximately 1,352 residents, with a median age of 49.
What schools are near Lake Macdonald?
There are 2 schools within roughly 5km of Lake Macdonald. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Lake Macdonald affordable to buy in?
A median house in Lake Macdonald costs about 15.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Lake Macdonald's population growing?
The population of Lake Macdonald has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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