VIC has seen average median house prices change by 8.96% which means that Macleod, 3085 has done well for property investors by showing a capital gain of 8.21% over the last year
While Macleod,3085 ranked number 640th in VIC for increase in median house value (annualised) increase, it is ranked 130th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Macleod is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 115th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 8.08 sales per month, which equates to 97 per year.
Situated 14.19km from the CBD, Macleod is one of Banyule localities in the postcode 3085.
Giving property investors a an unimpressive capital gain of -0.73% for the last year, Macleod, 3085 is the 1170th highest performer in Australia in this respect.
The five-year average increase in median property values for Macleod,3085 has given property investors a potential capital gain of 26.45% across each of those five years.
Vendor discounting in Macleod is giving property investors an average Vendor Discount of around -5.73%. This puts suburb at number 102th in VIC when ranking the most discounted suburbs.
Residents and property investors in Macleod have been waiting around 41.81 days to sell a property.
Property investors should expect to get $300 weekly from the median priced house in this suburb.