Suburb Profile Report for Macgregor QLD (4109)

Macgregor House: Median price $771,000, Annual capital growth 7.34%, Number of sales 73, Weekly median advertised rent $450

Macgregor Unit: Median price $430,950, Annual capital growth 2.01%, Number of sales 19, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$771,000 $430,950
1.45% 0.02%
6.34% 2.61%
7.34% 2.01%
$450 $440
73 19
3.04% 5.31%
67.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Below average (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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