Investment property in Macleod has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.86%
If we look at median property appreciation over just the last three months, Macleod has given property investors a paper return of 5.72%. This puts Suburb as 92 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Macleod is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 72th in terms of most discounted suburbs in VIC
A $400 per week rent on the median house gives suburb investors a gross yield of circa 2.45%, without taking into account capital value appreciation, which has been averaging out at 10.37%.
Macleod is an average performer in VIC when comparing median price capital growth over the last year. Macleod gave property investors a average capital gain figure when compared to the rest of the state, with 4.18%.
Over the longer term, Macleod has seen property prices show investors a 30.54% return over the last 3 years. This is worse than over the last 12 months
At number 84th of VIC’s most discounted properties, Macleod is in the bottom 30% of the state/territory when listing in order of most discounted to least.
In the last year 62 properties changed hands in Macleod, which puts it as the 149th most active market in VIC when comparing the number of sales per suburb.