Macedon, VIC 3440
Compare Part of Macedon Ranges
55.37 km
Distance from Melbourne CBD
2 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $450,000 | 0.0% | $320,000 | $1,500,000 | 28 |
| 2010 | $490,000 | +8.2% | $149,500 | $2,210,000 | 30 |
| 2011 | $450,000 | -8.9% | $280,000 | $1,690,000 | 30 |
| 2012 | $525,000 | +14.3% | $370,000 | $925,000 | 29 |
| 2013 | $500,000 | -5.0% | $305,000 | $1,700,000 | 30 |
| 2014 | $492,000 | -1.6% | $343,000 | $1,325,000 | 34 |
| 2015 | $717,000 | +31.4% | $405,000 | $2,100,000 | 39 |
| 2016 | $620,500 | -15.6% | $370,000 | $1,250,000 | 40 |
| 2017 | $830,000 | +25.2% | $535,000 | $1,825,000 | 35 |
| 2018 | $815,000 | -1.8% | $575,000 | $2,100,000 | 20 |
| 2019 | $940,000 | +13.3% | $550,000 | $2,350,000 | 29 |
| 2020 | $920,000 | -2.2% | $667,500 | $3,050,000 | 23 |
| 2021 | $1,160,000 | +20.7% | $680,000 | $2,055,000 | 33 |
| 2022 | $1,278,000 | +9.2% | $870,000 | $4,000,000 | 26 |
| 2023 | $1,255,000 | -1.8% | $690,000 | $4,150,000 | 18 |
| 2024 | $920,000 | -36.4% | $720,000 | $1,500,000 | 5 |
Median Sale Price
$1.26M
Based on 17 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
-3.6%
Current Median Price: $1,255,000
Previous Median Price: $1,300,000
Based on 41 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $395 | 0.0% | $300 | $490 | 11 |
| 2012 | $400 | +1.3% | $260 | $520 | 16 |
| 2013 | $400 | 0.0% | $350 | $600 | 17 |
| 2014 | $450 | +11.1% | $300 | $1,200 | 16 |
| 2015 | $430 | -4.7% | $360 | $850 | 17 |
| 2016 | $450 | +4.4% | $350 | $480 | 12 |
| 2017 | $500 | +10.0% | $300 | $760 | 16 |
| 2018 | $580 | +13.8% | $370 | $860 | 10 |
| 2019 | $590 | +1.7% | $450 | $1,080 | 16 |
| 2020 | $480 | -22.9% | $430 | $840 | 15 |
| 2021 | $780 | +38.5% | $470 | $850 | 6 |
| 2022 | $620 | -25.8% | $475 | $850 | 9 |
| 2023 | $650 | +4.6% | $470 | $830 | 8 |
| 2024 | $730 | +11.0% | $460 | $1,450 | 9 |
Median Rent Price
$650
per week
Based on 13 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+4.6%
Current Median Rent: $650
Previous Median Rent: $620
Based on 26 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,255,000
Current Median rent: $650
Based on 30 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Macedon
Houses sold in Last 12 months ends 20 Apr 2024
$1.45M
Median Sale Price
50%
Clearance Rate
1/2
Sold/Reported
$1.45M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M (Median Price Range) | 1 | |
Similar Suburbs to Macedon 3440
Based on median house sale price sold in last 12 months
Schools closest to Macedon, VIC 3440
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Macedon Primary School | 67 SMITH STREETMacedon 3440 | Primary | Government | 1.43 km |