Located only 13 kilometres from the Brisbane CBD, Macgregor is a diverse multicultural community and boasts many attractive aspects for residents. With a high housing demand compared to the rest of Queensland you will want to book building inspections for Macgregor homes straight away. Building inspections Macgregor happen fast as it’s a fast moving sales zone so knowing the next step is vital – even before you view your next open home.
Macgregor was named back in 1967 after Sir William Macgregor, the Governor of Queensland from 1909 to 1914. Little did he know that by the 2011 Census, the suburb would be home to 5576 people.
Ask The Inspector: Macgregor
Macgregor’s proximity to the university, restaurants and various sporting facilities makes it a top rental area for students. This means a lot of the properties that land on the market have been long term rentals. While investors are generally pleased with both the occupancy rates and the rent levels, it can open you up to dealing with the mistakes of other landlords. If the property hasn’t been maintained and repaired well, you could find that it’s got well hidden problems that need addressing – and that could be expensive.
Because it’s a high demand area, the lead time between your first walk through and putting in an offer might be less than an hour – so you won’t have time to get a really great feel for the property. This is problematic as it’s always great to see potential properties at different times of day (in case it’s actually on the path of the nearest emergency vehicle HQ or neighbours to the local drum club) and during different weather events. You must make sure that your building and pest inspectors will do a thorough job, even if it’s a fast turn around one! If you’re being “crammed in” between other fast, cookie cutter inspections, things may just be missed.
My top tip for areas like Macgregor is to know which Building and Pest Inspector you plan to use, and make them the first call after putting in your offer. Get a pre-purchase inspection that is thorough – even if you need it quick. This means not opting for the “McInspector” – cheap, fast but reliant on water tight terms and conditions to avoid being good. Why is it SO important? If there is an issue, a comprehensive, detailed report will help you make the important decision to buy or not to buy – and if you go ahead, it will help you renegotiate the purchase price to offset the cost of future repairs.
Why do people love living in Macgregor?
You can wake up, follow your morning routine and be on the Gateway Motorway or Pacific Motorway literally minutes from your home, via one of the many buses servicing the area or in your own car. That in itself is something to love about the suburb. But it’s not the only great feature. There are loads of local retail facilities including Garden City, Sunnybank Plaza and the numerous warehouses and showrooms that line Kessels Road.
Macgregor is somewhat attractive to the younger demographic with the highest percentage (24%) of the suburb’s population being made up of couples and singles aged under 35.
Perhaps it’s the nearby Griffith University (Nathan campus) or the variety of food and entertainment outlets that attract the younger crowd, or even the proximity to the workplace. One thing is for sure: at only an average of 15 days on the market for a three-bedroom home, you’ll need a building inspector to visit Macgregor quick smart if you want to snatch up your dream home.
Not only are houses being snapped up quickly, Macgregor has seen steady increases in house prices since May 2015. Unit prices saw a decline in January 2016, prices that have remained stable since.
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Housing styles in Macgregor
Not only is Macgregor diverse in its culture, but its housing styles are also diverse. House styles range from older brick veneers to modern designer homes, many substantial in size. Many apartments also litter the suburb in modern apartment complexes, apartments featuring two to three bedrooms, two bathrooms and one to two car spaces, likely popular with young couples, singles and, particularly, university students.
How to get a building inspection done in Macgregor quickly
Being a suburb high in demand, it’s smart to be quick off the mark when it comes to the sale. Similarly, with steady apartment prices, be prepared to have a building inspection done straight away so not to miss out.
Our team at Action Property Inspections is knowledgeable on all aspects of building inspections in Macgregor and will work quickly and professionally to ensure you get the absolute best deal when purchasing your property. Why not contact us NOW!