Macquarie Fields has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.02% to date .
While Macquarie Fields,2564 ranked number 1112th in NSW for increase in median house value (annualised) increase, it is ranked 91th over the last 5 years.
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 Macquarie Fields, 2564. Typically our figures indicate that -6.67% is being offered, which puts this NSW suburb at 1455th most discounted overall in Australia.
Often selling an investment property can take time, and in Macquarie Fields the average time real estate has been on the market is 73.47 days.
With the median price for a house in Macquarie Fields being $570000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.83%
At number 1015th in the list of Australian suburbs ordered by increase in median house value over the last year, Macquarie Fields, 2564 is in the BOTTOM 50% with a property value increase of 0.84% recorded in median house prices.
Over the longer term, Macquarie Fields has seen property prices show investors a 52.63% return over the last 3 years. This is worse than over the last 12 months
Macquarie Fields2564 is located in NSW which offers an average discount of -4.45% to property investors. Macquarie Fields itself is showing figures that indicate -5.73% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Macquarie Fields have been waiting around 71.21 days to sell a property.
Property investors should expect to get $360 weekly from the median priced house in this suburb.