Macleod, 3085 ranked 138th 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
Across a shorter period, Macleod, 3085 has seen a median price increase of 2.41% over the last quarter.
The most recent median price for Macleod is $850000, with sellers offering an average of -8.92% off the asking price.
Advertised rents are around the $400 mark per week – giving a return of 2.45% based on the median price in Suburb
Investment property in Macleod has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.94%
Over the longer term, Macleod has seen property prices show investors a 27.99% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Macleod, 3085. Typically our figures indicate that -6.05% is being offered, which puts this VIC suburb at 470th most discounted overall in Australia.
Using the current median advertised rental of $285 and the average annual increase in value of a median property of 5.54%, investors should hope to achieve an overall return of 2.77%