Over the last year, property investments in Macquarie Fields, 2564 have given investors a capital gain of 5.05%. This compares averagely with the 7.15% for NSW as a whole.
While Macquarie Fields,2564 ranked number 1049th in NSW for increase in median house value (annualised) increase, it is ranked 51th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Macquarie Fields is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 193th in terms of most discounted suburbs in NSW
Situated 31.81km from the CBD, Macquarie Fields is one of Campbelltown localities in the postcode 2564.
Investment property in Macquarie Fields has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.45%
If we look at median property appreciation over just the last three months, Macquarie Fields has given property investors a paper return of 0.00%. This puts Suburb as 311 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Macquarie Fields should be aiming for at least -5.66% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Macquarie Fields the average time real estate has been on the market is 65.58 days.
The NSW suburb of Macquarie Fields, 2564 is in the Campbelltown local government area.