Over the last year, property investments in Macgregor, 2615 have given investors a capital gain of -1.10%. This compares very badly with the 6.77% for ACT as a whole.
Across a shorter period, Macgregor, 2615 has seen a median price increase of -1.13% over the last quarter.
Property buyers and investors in Macgregor 2615 should be seeing an average reduction in asking price of around -2.78% . This means that Macgregor is holding prices well when compared to other suburbs in ACT.
Macgregor, 2615 ranked 31th 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
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Macgregor, 2615. Typically our figures indicate that -3.35% is being offered, which puts this ACT suburb at 1246th most discounted overall in Australia.
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.