AREA REPORTS

Macksville

 

 

NSW/
Macksville

Suburb Profile

Macksville - FREE 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 7.44%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, 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 $350 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 97.9 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 $390,000.

MACKSVILLE ranks 140th on the list of best yielding suburbs for rental properties in NSW, posting a 4.67% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $390,000 N/A
GROWTH REPORT
Median Quarterly -2.5% N/A
Median 12 month 7.44% N/A
Median 3 years 40.54% N/A
Median 5 years 33.33% N/A
10 years average annual 5.08% N/A
Weekly media advert. rent $350 N/A
Time on Market 97.9 days N/A
Gross Rental Yield Percent 4.67% N/A
demographics (median values)
Total Population
2152
Weekly Household Income
562
Household Size
2.40
demographics
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