Powered by MOMENTUM MEDIA
Macedon
AREA REPORTS

Macedon

Macedon - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3440

house

A steady increase in median property prices over a five-year period in the suburb translates to a 16.72% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $960,000

The augmented property values in the suburb are trailing above the territorial average of 9.35% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $475.

Home owners selling their properties and realtors in MACEDON usually have to wait an average of 65.8 days days before their assets are lifted off the market.

The VIC suburb ranks 436th on the list of best yielding suburbs for rental properties in VIC, posting a 2.57% return.

It also places places 196th in Australia based on median property value growth during the quarter.

Data report can be found below

Macedon
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $960,000 N/A
GROWTH REPORT
Median Quarterly 4.35% N/A
Median 12 month 16.08% N/A
Median 3 years 16.72% N/A
Median 5 years 68.42% N/A
10 years average annual 8.04% N/A
Weekly media advert. rent $475 N/A
Time on Market 65.8 days N/A
Gross Rental Yield Percent 2.57% N/A
demographics (median values)*
Total Population
2040
Weekly Household Income
1848
Household Size
2.80
Age
43
Monthly Loan Repayment
1904
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.