Property investors who have had real estate in Macquarie Fields, 2564 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.04%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Macquarie Fields has increased when compared to the 5 year average annual rate.
At number 206th of NSW’s most discounted properties, Macquarie Fields is in the bottom 30% of the state/territory when listing in order of most discounted to least.
At number 471 in a list of fastest selling suburbs, Macquarie Fields is just in the top half of suburbs in Australia with an average of days on market 46.11 for properties listed there.
With the median price for a house in Macquarie Fields being $650000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.36%
If you compare the increase in value of investment property in Macquarie Fields, 2564 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.90%.
Macquarie Fields,2564 has offered an average of 11.90% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.59% to buyers in Macquarie Fields at the moment, which is less than average for the rest of NSW.
Macquarie Fields, 2564’s gross rental yield is 3.98%