Macgregor has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of 1.26% to date .
Macgregor,2615 has offered an average of 1.26% return per annum in house price rises to property investors over the last three years.
At number 53th 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 67.03 days.
With the median price for a house in Macgregor being $451125 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.61%
Macgregor has had a pretty average year for property investment returns compared to the rest of ACT, giving investors a capital gain of -1.03% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Macgregor comes in at number 42th in ACT.
The most recent median price for Macgregor is $335000, with sellers offering an average of -3.40% off the asking price.
At number 776 in a list of fastest selling suburbs, Macgregor is just in the bottom half of suburbs in Australia with an average of days on market 73.95 for properties listed there.
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.