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%.