Mackenzie, 4156 ranked 361th in QLD when comparing growth in median property values or capital gain over the last 12 months. Mackenzie is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mackenzie has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.06% to buyers in Mackenzie at the moment, which is less than average for the rest of QLD.
Using the current median advertised rental of $575 and the average annual increase in value of a median property of 5.06%, investors should hope to achieve an overall return of 3.88%
QLD has seen average median house prices change by 0.77% which means that Mackenzie, 4156 has done well for property investors by showing a capital gain of 1.57% over the last year
Across a shorter period, Mackenzie, 4156 has seen a median price increase of 0.94% over the last quarter.
In the last year 12 properties changed hands in Mackenzie, which puts it as the 357th most active market in QLD when comparing the number of sales per suburb.