AREA REPORTS

Macquarie

ACT/
Macquarie

Suburb Profile

Macquarie - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2614

house
unit

A -5.1% increase in median property prices in MACQUARIE, 2614 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 83rd.

A steady increase in median property prices over a five-year period in the suburb translates to a 11.69% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $678,500

The augmented property values in the suburb are trailing behind the territorial average of 4.32% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $530.

Home owners selling their properties and realtors in MACQUARIE usually have to wait an average of 66.8 days days before their assets are lifted off the market.

The ACT suburb ranks 52nd on the list of best yielding suburbs for rental properties in ACT, posting a 4.06% return.

It also places places 20th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $678,500 $410,500
GROWTH REPORT
Median Quarterly 4.38% -15.36%
Median 12 month -5.1% -12.19%
Median 3 years 11.69% -17.07%
Median 5 years 28.75% -7.75%
10 years average annual 4.6% 2.83%
Weekly media advert. rent $530 $400
Time on Market 66.8 days 55.9 days
Gross Rental Yield Percent 4.06% 5.07%
demographics (median values)
Total Population
2382
Weekly Household Income
1164
Household Size
2.50
demographics
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