Suburb Profile Report for Macgregor QLD (4109)

Macgregor House: Median price $746,500, Annual capital growth 6.24%, Number of sales 62, Weekly median advertised rent $450

Macgregor Unit: Median price $437,000, Annual capital growth 4.30%, Number of sales 20, Weekly median advertised rent $438

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -2.51% for the last year, Macgregor, 4109 is the 3344th highest performer in Australia in this respect.

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.

LACK OF BUYER INTEREST may well be the reason that Macgregor is offering property investors an average of -7.10. This rate of discount on properties puts Suburb at number 693th in terms of most discounted suburbs in QLD

Advertised rents are around the $450 mark per week – giving a return of 3.13% 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 4.80%.

In the last year 20 properties changed hands in Macgregor, which puts it as the 304th most active market in QLD when comparing the number of sales per suburb.

A $437.5 per week rent on the median house gives suburb investors a gross yield of circa 5.21%, without taking into account capital value appreciation, which has been averaging out at 4.30%.

Metrics i HOUSE UNIT
$746,500 $437,000
-4.29% 0.18%
-2.51% 4.80%
6.24% 4.30%
$450 $438
62 20
3.13% 5.21%
49 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 5576
Median household income ($/weekly) 1229
Median age of persons 32
Median housing loan repayment ($/monthly) 2000
Average household size 3
  • Census Count Percent(%)
    20-24 years 842 15.1
    25-34 years 991 17.8
    35-44 years 600 10.8
    45-54 years 600 10.8
    55-64 years 577 10.3
    Others 1967 35.3
    Age Group
    Census Count Percent(%)
    Not Married 2328 51.0
    Registered Married 2022 44.3
    Defacto Relationship 213 4.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2334 43.6
    Croatia 839 15.7
    Indonesia 258 4.8
    Papua New Guinea 186 3.5
    Other 651 12.2
    Others 1089 20.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 558 10.8
    Christianity 2752 53.4
    Hinduism 195 3.8
    Islam 108 2.1
    No Religion 1433 27.8
    Others 107 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 143 9.1
    $800-$999 148 9.4
    $1,250-$1,499 163 10.4
    $1,500-$1,999 170 10.8
    $2,000-$2,499 151 9.6
    Others 794 50.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1975 42.4
    Employed, worked full-time 1405 30.1
    Employed, worked part-time 902 19.4
    Unemployed, looking for work 225 4.8
    Employed, away from work 154 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 631 25.6
    Technicians & trades workers 286 11.6
    Community & personal service workers 284 11.5
    Clerical & administrative workers 371 15.1
    Sales 259 10.5
    Others 634 25.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 302 18.5
    Secondary 272 16.6
    Technical or Further Educational Institution 154 9.4
    University or other Tertiary Institutions 793 48.5
    Other type of educational institution 68 4.2
    Others 47 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4995 93.2
    Flat, unit or apartment 216 4.0
    Semi-detached, row or terrace house, townhouse 146 2.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 795 46.1
    Rented 484 28.0
    Being purchased 438 25.4
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
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