At number 2743th in the list of Australian suburbs ordered by increase in median house value over the last year, Macgregor, 2615 is in the BOTTOM 40% with a property value increase of 0.81% recorded in median house prices.
The five-year average increase in median property values for Macgregor,2615 has given property investors a potential capital gain of 13.47% across each of those five years.
Vendor discounting in Macgregor is giving property investors an average Vendor Discount of around -2.00%. This puts suburb at number 58th in ACT when ranking the most discounted suburbs.
Residents and property investors in Macgregor have been waiting around 59.28 days to sell a property.
Advertised rents are around the $420 mark per week – giving a return of 4.76% based on the median price in Suburb
Giving property investors a an unimpressive capital gain of -1.49% for the last year, Macgregor, 2615 is the 1203th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Macgregor comes in at number 60th in ACT.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.17% offered to property buyers. Sellers in Macgregor itself are offering an average vendor discount of -1.53% to real estate investors.
Renters in Suburb are facing rents around $4380 per annum or $365 every week.
MacGregor is around 20km northwest of the Canberra CBD and is perfect for familiesFull summary
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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.