Property value increases in Macgregor have tracked close to the ACT average of 4.81% over the last 12 months.
If we look at median property appreciation over just the last three months, Macgregor has given property investors a paper return of 0.19%. This puts Suburb as 58 on a list of fastest fasting appreciating suburbs in ACT
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 -4.13% is being offered, which puts this ACT suburb at 2662th most discounted overall in Australia.
On average over the past year, suburb has had 10.83 sales per month, which equates to 130 per year.
Situated 13.26km from the CBD, Macgregor is one of Unincorporated ACT localities in the postcode 2615.
Macgregor has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -0.88% to date .
A 16.47% growth in median value for property investors in Macgregor,2615 puts this suburb at number 16th in terms of best performing suburbs in ACT
A $435 per week rent on the median house gives suburb investors a gross yield of circa 5.76%, without taking into account capital value appreciation, which has been averaging out at 3.17%.
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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.