Macedon VIC 3440

Here you can find what you need to know about Macedon, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$817k Median Sale Price (National Average $485k) 207th In VIC
12.16% Median Price Change (1 yr) (National Average 4.30%) 151st In VIC
$520pw Median Rent (National Average $395) 132nd In VIC
3.3% Median Gross Yield (National Average 4.24%) 323rd In VIC
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Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Macedon, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Macedon, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Macedon, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Macedon


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State Auction Clearance Rates - May 2019

Auctions Clearance rate
VIC 945 63%
ACT 59 55%
NSW 692 70%
NT 9 100%
QLD 138 32%
SA 130 57%
TAS 4 0%
WA 32 33%

Local Schools


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Suburb Information

Macedon, VIC 3440

Part of: Macedon Ranges Council No data available

The size of Macedon is approximately 39.2 square kilometres. It has 17 parks covering nearly 14.1% of total area. The population of Macedon in 2011 was 1,864 people. By 2016 the population was 2,038 showing a population growth of 9.3% in the area during that time. The predominant age group in Macedon is 40-49 years. Households in Macedon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macedon work in a professional occupation. In 2011, 87% of the homes in Macedon were owner-occupied compared with 85.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Macedon

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Macedon   for Houses in last 12 months


There have been 27 Houses sold in Macedon in the past 12 months with a median sale price of $829K, up 2.35% annually. It takes on average 72 days to sell with vendor discounting of -7.88%.

Streets in Macedon


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Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Mount Macedon VIC, 3441 25% $837,500 $550pw 3.4% View Suburb Profile
Mount Helen VIC, 3350 10.67% $415,000 $395pw 5.0% View Suburb Profile
Woodend VIC, 3442 15.42% $655,000 $460pw 3.6% View Suburb Profile
Gisborne VIC, 3437 16.04% $765,000 $490pw 3.3% View Suburb Profile
Riddells Creek VIC, 3431 11.64% $647,500 $420pw 3.4% View Suburb Profile
Casey ACT, 2913 -1.62% $621,500 $550pw 4.6% View Suburb Profile