Giving property investors a an unimpressive capital gain of -1.10% for the last year, Macgregor, 2615 is the 3045th highest performer in Australia in this respect.
Across a shorter period, Macgregor, 2615 has seen a median price increase of -0.22% over the last quarter.
Macgregor, 2615 is offering ACT ‘s 49th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this ACT.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
Macgregor is an average performer in ACT when comparing median price capital growth over the last year. Macgregor gave property investors a average capital gain figure when compared to the rest of the state, with 0.30%.
The five-year average increase in median property values for Macgregor,2615 has given property investors a potential capital gain of 2.17% across each of those five years.
Property investors looking for a bargain in Macgregor should be aiming for at least -1.78% off the asking price, which is the average vendor discount being achieved at the moment.
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.