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Macksville
AREA REPORTS

Macksville

Macksville - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2447

house

Property investments in MACKSVILLE fare well against the rest of the country last year, registering a median home price increase of 15.07%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MACKSVILLE, 2447 saw average growth in the long term.

Real estate investors could earn a rental income of $380 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 100.4 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $420,000.

MACKSVILLE ranks 1324th on the list of best yielding suburbs for rental properties in NSW, posting a 4.7% return.

Data report can be found below

Macksville
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $420,000 N/A
GROWTH REPORT
Median Quarterly 11.26% N/A
Median 12 month 15.07% N/A
Median 3 years 15.7% N/A
Median 5 years 47.37% N/A
10 years average annual 5.74% N/A
Weekly media advert. rent $380 N/A
Time on Market 100.4 days N/A
Gross Rental Yield Percent 4.7% N/A
demographics (median values)*
Total Population
7178
Weekly Household Income
946
Household Size
2.40
Age
49
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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