Suburb Profile Report for Macgregor ACT (2615)

Macgregor House: Median price $450,500, Annual capital growth 3.20%, Number of sales 129, Weekly median advertised rent $410

Macgregor Unit: Median price $330,000, Annual capital growth 1.97%, Number of sales 17, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Macgregor, 2615 ranked 79th in ACT when comparing growth in median property values or capital gain over the last 12 months. Macgregor is one of 126 in our list for ACT

If we look at median property appreciation over just the last three months, Macgregor has given property investors a paper return of 0.11%. This puts Suburb as 50 on a list of fastest fasting appreciating suburbs in ACT

At number 54th of ACT’s most discounted properties, Macgregor is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Macgregor the average time real estate has been on the market is 57.91 days.

If you compare the increase in value of investment property in Macgregor, 2615 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -0.90%.

While Macgregor,2615 ranked number 47th in ACT for increase in median house value (annualised) increase, it is ranked 33th over the last 5 years.

Macgregor, 2615 is offering ACT ‘s 42th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this ACT.

Residents and property investors in Macgregor have been waiting around 66.92 days to sell a property.

The ACT suburb of Macgregor, 2615 is in the Unincorporated ACT local government area.

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MacGregor is around 20km northwest of the Canberra CBD and is perfect for familiesFull summary

For impressive views of nature, such as Ginninderra Creek Valley or the Brindabella Range, look no further than Macgregor.

It is about 20km northwest of the Canberra CBD and is perfect for families attracted by its proximity to Belconnen (less than 10 minutes away), one of Canberra’s busiest shopping centres, and to schools (both public and private) and public transport links.

According to the most recent ABS Census, Macgregor’s population is young and well off, with a median age of just 31 (six years younger than the national average) and a median weekly household income of $1,898 ($664 above the national average).

There is a great combination of new and established housing in this suburb, with renovation opportunities as well.

Houses are more affordable than in neighbouring Dunlop, where the median house price is $490,000.

Moreover, landlords shouldn’t struggle to find a tenant as the vacancy rate is just 1.01%.

Houses on Mileham Street and Archdall Street are close to buses and Macgregor Primary School, and a few minutes’ drive from the Kippax shopping hub and the Charnwood and Dunlop supermarkets.

Three-bedroom single storey houses on big blocks of land can be bought for around $450,000.

Some properties have lovely mountain views. 

 

Close
HOUSE UNIT
$450,500 $330,000
0.11% -1.49%
-2.07% -0.90%
3.20% 1.97%
$410 $360
129 17
4.73% 5.67%
57.91 66.92

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
Find a mortgage broker in Macgregor ACT
Demographics
Total population 5504
Median household income ($/weekly) 1898
Median age of persons 31
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    0-4 years 546 9.9
    5-14 years 614 11.2
    25-34 years 1355 24.6
    35-44 years 818 14.9
    55-64 years 544 9.9
    Others 1629 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 1985 48.8
    Not Married 1461 35.9
    Defacto Relationship 624 15.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4060 76.3
    Croatia 102 1.9
    Indonesia 106 2.0
    United Kingdom 231 4.3
    Other 347 6.5
    Others 476 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 82 1.6
    Christianity 3023 59.5
    Hinduism 144 2.8
    Islam 193 3.8
    No Religion 1579 31.1
    Others 63 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 152 8.4
    $1,250-$1,499 177 9.8
    $1,500-$1,999 331 18.2
    $2,000-$2,499 300 16.5
    $2,500-$2,999 229 12.6
    Others 625 34.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2284 54.1
    Not in the labour force 894 21.2
    Employed, worked part-time 742 17.6
    Employed, away from work 181 4.3
    Unemployed, looking for work 122 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 387 12.1
    Professionals 836 26.1
    Technicians & trades workers 448 14.0
    Community & personal service workers 332 10.3
    Clerical & administrative workers 682 21.3
    Others 523 16.3
    Occupation
    Census Count Percent(%)
    Pre-school 95 7.2
    Infants/Primary 408 30.9
    Secondary 314 23.8
    Technical or Further Educational Institution 161 12.2
    University or other Tertiary Institutions 302 22.9
    Others 41 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4709 89.2
    Semi-detached, row or terrace house, townhouse 528 10.0
    Flat, unit or apartment 42 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1224 62.5
    Fully owned 391 20.0
    Rented 336 17.2
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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