At number 654th in the list of Australian suburbs ordered by increase in median house value over the last year, Macleod, 3085 is in the top 20% with a property value increase of 14.65% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Macleod,3085 has racked up an average of 14.65% over the period. This ranks it number 1051th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Macleod should be aiming for at least -6.70% off the asking price, which is the average vendor discount being achieved at the moment.
Macleod is 501th on a list of best yielding suburbs for rents in VIC with a 2.57% return
Macleod, 3085 ranked 117th in VIC when comparing growth in median property values or capital gain over the last 12 months. Macleod is one of 2098 in our list for VIC
Comparing Macleod,3085 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -7.45% to buyers in Macleod at the moment, which is less than average for the rest of VIC.
At number 410 in a list of fastest selling suburbs, Macleod is in the TOP 30% of suburbs in Australia with an average of days on market 56.2 for properties listed there.