Property For Sale in Mackay
Mackay’s Thriving Economy: Just another reason why you should look for property for sale in the Northern Beaches
Mackay has seen steady growth since the 19th century and now contributes over $15.4 billion to the Australian economy, which is why so many people are currently searching for property for sale in Mackay’s Northern Beaches region. Mackay’s thriving economy is bolstered by three major industries. They are as follows:
1. Sugar – Mackay is commonly known as the sugar capital of Australia as the region alone produces over a third of Australia’s total cane sugar. This huge industry dates back to the early 19th century and has since grown exponentially. Now, Mackay Sugar produces over 850,000 tonnes of quality raw sugar and over 180,000 tonnes of the by-product known as molasses every year! Mackay is also looking at diversifying this energy by using sugar cane in other ways, such as the construction of an energy cogeneration plant.
2. Tourism – With the world class Great Barrier Reef and the stunning Whitsunday Islands just an hour away, it’s no wonder Mackay has one of most stable tourism industries in Australia. A staggering 750,000+ tourists flock to Mackay every year and this figure is increasing annually. Mackay is the perfect place to build a holiday home or to invest in property, which is another reason why you should be searching for property for sale in the Northern Beaches.
3. Mining –Mackay & its surrounds provide the single largest coal reserve in all of Australia, with 34 coal mines in operation that, when combined, extract well over 100 million tones every year. In fact, Mackay & its surrounds produces just over 83 per cent of Queensland’s total coal production. Mining companies have been quick to move in and setup shop, which has caused a huge increase in local jobs, which is another good reason to start looking for property for sale in the Northern Beaches.
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