ACT has seen average median house prices change by -2.25% which means that Macgregor, 2615 has not done well for property investors by showing a capital gain of -19.86% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Macgregor has increased when compared to the 5 year average annual rate.
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 Macgregor, 2615. Typically our figures indicate that 0.00% is being offered, which puts this ACT suburb at 2335th most discounted overall in Australia.
With the median price for a house in Macgregor being $684500 and the advertised rent reaching $0 the gross rental yield for property investors calculates out to be 0.00%
Macgregor, 2615 ranked 60th in ACT when comparing growth in median property values or capital gain over the last 12 months. Macgregor is one of 126 in our list for ACT
Comparing Macgregor,2615 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Macgregor is $510000, with sellers offering an average of 0.00% off the asking price.
Renters in Suburb are facing rents around $19760 per annum or $380 every week.
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For impressive views of nature, such as Ginninderra Creek Valley or the Brindabella Range, look no further than Macgregor.
It is about 20km northwest of the Canberra CBD and is perfect for families attracted by its proximity to Belconnen (less than 10 minutes away), one of Canberra’s busiest shopping centres, and to schools (both public and private) and public transport links.
According to the most recent ABS Census, Macgregor’s population is young and well off, with a median age of just 31 (six years younger than the national average) and a median weekly household income of $1,898 ($664 above the national average).
There is a great combination of new and established housing in this suburb, with renovation opportunities as well.
Houses are more affordable than in neighbouring Dunlop, where the median house price is $490,000.
Moreover, landlords shouldn’t struggle to find a tenant as the vacancy rate is just 1.01%.
Houses on Mileham Street and Archdall Street are close to buses and Macgregor Primary School, and a few minutes’ drive from the Kippax shopping hub and the Charnwood and Dunlop supermarkets.
Three-bedroom single storey houses on big blocks of land can be bought for around $450,000.
Some properties have lovely mountain views.