Property investors who have had real estate in Macgregor, 2615 should be relatively unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.13%
Macgregor,2615 was ranked 2533 in Australia by increase in median property value over the quarter.
The most recent median price for Macgregor is $450000, with sellers offering an average of -2.50% off the asking price.
The ACT suburb of Macgregor, 2615 is in the Unincorporated ACT local government area.
ACT has seen average median house prices change by -0.95% which means that Macgregor, 2615 has not done well for property investors by showing a capital gain of -1.49% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Macgregor comes in at number 58th in ACT.
At number 40th of ACT’s most discounted properties, Macgregor is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $360 weekly from the median priced house in this suburb.
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.