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Macgregor suburb profile

Macgregor is a well-established suburb located approximately 13km south of Brisbane's CBD, known for its family-friendly atmosphere and convenient amenities. The suburb offers a mix of residential options, including spacious homes and modern apartments, catering to diverse lifestyles. Macgregor is home to the popular Westfield Garden City shopping centre, providing a wide range of retail, dining, and entertainment options. The area boasts excellent public transport links, with easy access to major roads and bus services. With its proximity to Griffith University and various parks, Macgregor is a desirable location for students, families, and professionals alike.

Macgregor property market performance

Current median dwelling price$960,750Past 3 months

Property growth+10.6%Past 12 months

Macgregor’s property market has shown robust growth over the past 12 months, with house values increasing by 11.7% and unit values rising by 9.4%. Despite the absence of current median prices, the area has seen a modest number of transactions, with 9 houses and 3 units sold in the past year.

Properties in Macgregor are moving relatively quickly, with houses spending a median of 25 days on the market and units just 19 days, indicating strong demand and buyer interest.

The rental market in Macgregor has experienced significant changes, with house rents increasing by 8.3% and unit rents surging by 21.6% over the last 12 months, reflecting a high demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
11.7%9.4%
Sold
Past 3 months
93
Median days on market
Past 12 months
2519
Average rent
Past 12 months
$780$608
Change in rent
Past 12 months
8.3%21.6%

5 year median price trend for houses and units

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Macgregor demographics

Macgregor, located in the southern suburbs of Brisbane, is a vibrant community known for its family-friendly atmosphere and convenient access to amenities. With a population of 5,980 and a median age of 34, Macgregor is home to a diverse mix of residents, including young families, professionals, and retirees. The suburb's proximity to major shopping centers, schools, and public transport makes it an attractive location for those seeking a balanced lifestyle.

The suburb's housing landscape is characterized by a mix of ownership and rental options. A significant portion of properties, 38.8%, are owned outright, reflecting a stable community with long-term residents. Meanwhile, 24.6% of homes are owned with a mortgage, indicating a healthy influx of new homeowners. The rental market, comprising 36.6% of properties, caters to those seeking flexibility, including students and young professionals.

Family dynamics in Macgregor are diverse, with couple families with children making up 39.9% of the population, closely followed by couple families without children at 40.2%. One-parent families account for 17.2%, highlighting the suburb's inclusive nature. The median total household income of $1,752 per week suggests a comfortable standard of living, supported by the suburb's access to employment opportunities and essential services. Overall, Macgregor offers a welcoming environment for a wide range of residents, making it a desirable place to call home.

Macgregor infrastructure, key developments and investment opportunities

Macgregor benefits from its proximity to major employment and retail hubs, with the recently redeveloped Westfield Garden City nearby providing extensive shopping, dining, and entertainment options that support strong local housing demand.[3] The suburb offers good public transport links and easy access to key arterial roads and freeways, enhancing connectivity to the CBD, universities, and surrounding employment centres, which is a drawcard for both owner-occupiers and investors.[3] Local parks, medical facilities, and community services, including the Macgregor Transport and Main Roads Customer Service Centre on Kessels Road, add to everyday convenience and underpin the suburb’s livability.[3][6]

Ongoing infill development, including higher-density apartments and townhouse projects, is gradually increasing housing supply and diversifying dwelling types, which may place a ceiling on price growth for older stock while supporting values for well-located, modern homes.[2][7] Council planning continues to focus on managing traffic and access along major corridors such as Kessels Road and Mains Road, with any future upgrades likely to improve travel times and further enhance Macgregor’s appeal for commuters and families.[4] At present there are no widely publicised large-scale new schools or hospital projects within the suburb itself, so market dynamics are being driven more by Macgregor’s established amenity, connectivity, and ongoing small to medium-scale redevelopment than by headline megaprojects.[3]

Macgregor rental market trends

The rental market in Macgregor has experienced notable growth, with house rents increasing by 8.3% over the past year to $780 per week, while unit rents have surged 21.6% to $608 per week. This suburb's strong rental demand and strategic location make it an attractive option for both renters and investors seeking promising returns in the Brisbane area.

Suburbs near Macgregor

Some popular suburbs near Macgregor include:

How does Macgregor compare to nearby suburbs?

  • Median house prices: Macgregor’s median house price is 0.1% higher than Sunnybank’s.
  • Median unit prices: Macgregor’s median unit price is 9.2% lower than Upper Mount Gravatt’s.
  • House price growth: Over the past 12 months, house prices in Macgregor have grown 4.7% higher than in Robertson.
  • Unit price growth: Property prices in nearby Upper Mount Gravatt have risen 19.6% more than in Macgregor over the past year.
  • Selling speed for houses: Properties in Macgregor are selling 3.8% faster than in Robertson.
  • Selling speed for units: Properties in Macgregor are selling 9.5% faster than in Upper Mount Gravatt.
  • Investment considerations: In Macgregor, the rental yield for house is 10.6% higher than the Brisbane average, while the rental yield for units is 6.5% lower.
  • House price growth: Over the past 12 months, house prices in Macgregor have grown 28.3% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Macgregor have grown 9.3% lower than the average rate of growth for units across Brisbane.

Common questions about Macgregor

  • Is Macgregor a nice place to live?

    Macgregor is a delightful suburb that offers a harmonious blend of convenience and community spirit, making it a charming place to call home. Its family-friendly atmosphere is complemented by a variety of residential options, from spacious homes to modern apartments, catering to diverse lifestyles. The suburb's vibrant vibe is enhanced by its proximity to the bustling Westfield Garden City shopping centre, which provides a plethora of retail, dining, and entertainment options. This makes Macgregor an attractive location for families, students, and professionals seeking a balanced lifestyle.

    Safety and accessibility are key features of Macgregor, with excellent public transport links and easy access to major roads, ensuring seamless connectivity to Brisbane's CBD and surrounding areas. The suburb's green spaces and parks offer residents a peaceful retreat, perfect for families looking to enjoy outdoor activities. While Macgregor may not boast the nightlife of inner-city areas, its strong sense of community and relaxed suburban vibe more than make up for it.

    For families, Macgregor is particularly appealing due to its proximity to quality schools and Griffith University, providing excellent educational opportunities. However, the ongoing infill development and higher-density housing projects may result in increased traffic and a more urban feel over time. Despite these trade-offs, Macgregor remains a desirable suburb for those who value convenience, community, and a welcoming environment. Whether you're a young family, a student, or a professional, Macgregor offers a comfortable and connected lifestyle that is hard to resist.

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  • Is it expensive to live in Macgregor?

    Living in Macgregor, an inner suburb of Brisbane, presents a mixed picture when it comes to affordability. With the current average taxable income in Macgregor at about $59,000 per year, residents might find the cost of living a bit challenging, especially when compared to the average income in Brisbane, which is slightly higher.

    While the median house and unit prices are not currently available, rental prices can give us some insight into living expenses. The average rent for houses in Macgregor is around $780 per week, while units are slightly more affordable at $608 per week. These rental prices are relatively high compared to the median total household income of $1,752 per week, suggesting that a significant portion of income would be allocated to housing costs.

    Overall, if you're considering living in Macgregor, it's important to weigh these housing costs against your income. The suburb offers the benefits of inner-city living, but the higher rental prices might make it less affordable for those on an average income. Careful budgeting and financial planning would be essential to comfortably manage living expenses in this area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Macgregor a good place to invest?

    Macgregor is shaping up to be an attractive suburb for property investors, thanks to its impressive growth in both house and unit values over the past year. With a notable 11.7% increase in median house values and a 9.4% rise in unit values, the suburb is clearly on an upward trajectory. This growth is complemented by a strong rental market, where house rents have increased by 8.3% and unit rents have surged by an impressive 21.6%. Such figures suggest a robust demand for rental properties, making Macgregor appealing for investors seeking rental income.

    The suburb's appeal is further enhanced by its strategic location and community amenities, which attract a diverse range of residents, including families, students, and professionals. This diversity helps maintain a steady demand for both buying and renting properties. While the recent growth rates are promising, Macgregor's ongoing development and infrastructure improvements are likely to sustain its attractiveness in the long term. Overall, Macgregor presents a compelling case for investment, offering a blend of capital growth potential and strong rental yields.

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Choose the right real estate agents in Macgregor

There are 32 real estate agents in Macgregor, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 55.4% of all sales in the past year.

Commission rates in Macgregor typically range from 2.44% to 3.04%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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