MACLEOD ranks 370th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 10% for the past year is lower than average compared to its 66.52% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in MACLEOD, the median home price is sitting at $935,000, and the average rent at $420, this suggests property owners could potentially earn a 2.34% increase in gross rental yield.
Property investors have seen a 1.63% gain in MACLEOD based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.49% growth over a ten-year period. It ranks 80th on our list of suburbs that property investors should look into.
A 21.83% increase in median property prices in MACLEOD, 3085 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 43rd.
A steady increase in median property prices over a five-year period in MACLEOD, 3085 translates to a 37.5% capital gain.
MACLEOD, 3085 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 $660,000.
Augmented property values in MACLEOD are trailing above the VIC average of 7.69% for the past year.
Real estate investors could earn a rental income of $275 based on current median home prices for the suburb.
Home owners selling their properties and realtors in MACLEOD usually have to wait an average of 70.0 days days before their assets are lifted off the market.
MACLEOD ranks 366th on the list of best yielding suburbs for rental properties in VIC, posting a 2.17% return.
MACLEOD, 3085 places 58th in Australia based on median property value growth during the quarter.