At number 1681th in the list of Australian suburbs ordered by increase in median house value over the last year, Macgregor, 4109 is in the top half with a property value increase of 6.34% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Macgregor has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Macgregor itself are offering an average vendor discount of -5.13% to real estate investors.
At number 1246 in a list of fastest selling suburbs, Macgregor is in the TOP 40% of suburbs in Australia with an average of days on market 67.5 for properties listed there.
Advertised rents are around the $450 mark per week – giving a return of 3.04% based on the median price in Suburb
If you compare the increase in value of investment property in Macgregor, 4109 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.61%.
While Macgregor,4109 ranked number 164th in QLD for increase in median house value (annualised) increase, it is ranked 303th over the last 5 years.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Property investors should expect to get $440 weekly from the median priced house in this suburb.