Suburb Profile Report for Macgregor QLD (4109)

Macgregor House: Median price $750,000, Annual capital growth 3.72%, Number of sales 83, Weekly median advertised rent $480

Macgregor Unit: Median price $366,000, Annual capital growth 5.41%, Number of sales 11, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Macgregor has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.32% to date .

The five-year average increase in median property values for Macgregor,4109 has given property investors a potential capital gain of -5.36% across each of those five years.

Property buyers and investors in Macgregor 4109 should be seeing an average reduction in asking price of around -5.43% . This means that Macgregor is holding prices well when compared to other suburbs in QLD.

In the last year 83 properties changed hands in Macgregor, which puts it as the 430th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $480 and the average annual increase in value of a median property of 3.72%, investors should hope to achieve an overall return of 3.33%

QLD has seen average median house prices change by 8.71% which means that Macgregor, 4109 has done well for property investors by showing a capital gain of 14.02% over the last year

Macgregor, 4109’s gross rental yield is 5.97%

Metrics i HOUSE UNIT
$750,000 $366,000
1.83% 2.38%
-1.32% 14.02%
3.72% 5.41%
$480 $420
83 11
3.33% 5.97%
73.2407407407408 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (U), Above average (H)
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Demographics
Total population 5576
Median household income ($/weekly) 1229
Median age of persons 32
Median housing loan repayment ($/monthly) 2000
Average household size 3
  • Census Count Percent(%)
    20-24 years 842 15.1
    25-34 years 991 17.8
    35-44 years 600 10.8
    45-54 years 600 10.8
    55-64 years 577 10.3
    Others 1967 35.3
    Age Group
    Census Count Percent(%)
    Not Married 2328 51.0
    Registered Married 2022 44.3
    Defacto Relationship 213 4.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2334 43.6
    Croatia 839 15.7
    Indonesia 258 4.8
    Papua New Guinea 186 3.5
    Other 651 12.2
    Others 1089 20.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 558 10.8
    Christianity 2752 53.4
    Hinduism 195 3.8
    Islam 108 2.1
    No Religion 1433 27.8
    Others 107 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 143 9.1
    $800-$999 148 9.4
    $1,250-$1,499 163 10.4
    $1,500-$1,999 170 10.8
    $2,000-$2,499 151 9.6
    Others 794 50.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1975 42.4
    Employed, worked full-time 1405 30.1
    Employed, worked part-time 902 19.4
    Unemployed, looking for work 225 4.8
    Employed, away from work 154 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 631 25.6
    Technicians & trades workers 286 11.6
    Community & personal service workers 284 11.5
    Clerical & administrative workers 371 15.1
    Sales 259 10.5
    Others 634 25.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 302 18.5
    Secondary 272 16.6
    Technical or Further Educational Institution 154 9.4
    University or other Tertiary Institutions 793 48.5
    Other type of educational institution 68 4.2
    Others 47 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4995 93.2
    Flat, unit or apartment 216 4.0
    Semi-detached, row or terrace house, townhouse 146 2.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 795 46.1
    Rented 484 28.0
    Being purchased 438 25.4
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
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