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Based on its average 5-year and quarterly capital gains MCCRACKEN, 5211 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MCCRACKEN, 5211 obtained a 7.86% growth over a ten-year period. It ranks 1322nd on our list of suburbs that property investors should look into.
MCCRACKEN, 5211 in SA belongs to the local government area of Victor Harbor.
MCCRACKEN, 5211 has a capital gain of 6.62% for the past year, which is lower than average compared to its 88.31% growth within a five-year period.
With the median home price in MCCRACKEN sitting at $725,000, and the average rent at $580, property owners could potentially earn a 4.16% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MCCRACKEN are low, as opposed to average gains per annum over the past five years.
McCracken, located in South Australia with the postcode 5211, is a coastal suburb situated approximately 84 kilometres south of Adelaide on the Fleurieu Peninsula. It is part of the City of Victor Harbor and is known for its serene environment, proximity to the ocean, and its appeal as both a residential and holiday destination.
McCracken has a population of around 2,000 people, with a demographic that includes retirees, families, and professionals who enjoy the peaceful coastal lifestyle. The suburb is particularly popular with retirees, given its quiet atmosphere and access to recreational activities. Many homes in McCracken are modern, with some offering views of the coast, making it an attractive location for those seeking a relaxed living environment.
Public transportation in McCracken is limited, with bus services connecting the suburb to nearby Victor Harbor and other regional towns. Most residents rely on private vehicles for commuting, with Adelaide easily accessible via the Victor Harbor Road.
McCracken is home to the popular McCracken Country Club, a major feature of the suburb that offers an 18-hole championship golf course, resort-style accommodation, and a range of amenities such as a restaurant, gym, and spa. The country club is a key attraction for both residents and visitors, contributing to the area’s reputation as a leisure destination.
While McCracken itself is primarily residential, it is located just a few minutes from Victor Harbor, a larger town that provides a wide range of services and amenities, including supermarkets, medical facilities, schools, and a variety of shops and restaurants. The nearby beaches, including the popular Hayborough Beach and Victor Harbor Beach, are perfect for swimming, walking, and other water-based activities, adding to the suburb’s appeal as a coastal getaway.
Recreational opportunities in McCracken are plentiful, with the surrounding area offering walking trails, cycling paths, and outdoor spaces for residents to enjoy. The suburb’s proximity to the coast also makes it a prime location for fishing, boating, and other marine activities. The Fleurieu Peninsula’s renowned wineries and local produce markets are also within easy reach, adding to the lifestyle appeal of the region.
McCracken’s combination of coastal living, recreational amenities, and a relaxed atmosphere make it a desirable location for those seeking a peaceful yet well-connected lifestyle near Victor Harbor. Its proximity to beaches, the McCracken Country Club, and regional attractions adds to its charm as both a permanent residence and a holiday destination.