All About Macgregor, Unincorporated ACT, ACT, 2615

Macgregor, located in the Unincorporated ACT region of the Australian Capital Territory, presents a unique and dynamic housing market that has garnered interest from both investors and homebuyers. Known for its affordability relative to more central locations in Canberra, Macgregor offers a variety of housing options, from older, established homes with larger blocks to newer, more modern developments. The suburb has witnessed a steady increase in property values over recent years, driven partly by its appealing sense of community and the continual demand for family-friendly environments. With Canberra's overall property market being one of the more resilient in Australia, Macgregor benefits from this stability, making it an attractive option for those looking to invest in the housing market.

Living in Macgregor offers residents a comfortable suburban lifestyle with the advantages of proximity to natural landscapes and essential amenities. The suburb is bordered by the picturesque Ginninderra Creek, providing ample green spaces and outdoor recreational activities for families and outdoor enthusiasts. Local amenities, including schools, shopping centers, and health facilities, ensure that residents have convenient access to essentials. The community in Macgregor is known for being friendly and welcoming, contributing to a peaceful living environment. Despite being a suburban area, it maintains good connectivity to Canberra’s central business district, making commuting feasible for professionals who work in the city. Overall, Macgregor provides a balanced lifestyle with the tranquillity of suburban living without sacrificing the conveniences of city life.

Macgregor Real Estate Market Outlook

Thinking about buying in Macgregor? Now could not be a better time, with 3006 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $863,000 with prices in this suburb ranging from $69,000 to $3,606,000. The aproximate distance to the coast is 118 Km.

Consistent high demand relative to supply is a key feature in Macgregor driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Macgregor are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Macgregor classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Macgregor requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!