2. QLD
  3. Mackay

Erakala QLD 4740

Houses Units

Here you can find what you need to know about Erakala, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$645K Median Sale Price (National Average $485k) 604th In QLD

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Erakala, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Erakala, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Erakala, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Erakala


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Suburb Information

Erakala, QLD 4740

Part of: Mackay Council No data available

The size of Erakala is approximately 12.4 square kilometres. The population of Erakala in 2011 was 4,633 people. By 2016 the population was 546 showing a population decline of 88.2% in the area during that time. The predominant age group in Erakala is 40-49 years. Households in Erakala are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Erakala work in a trades occupation. In 2011, 77.4% of the homes in Erakala were owner-occupied compared with 89.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Erakala

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Erakala   for Houses in last 12 months

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