Macedon, VIC 3440
Compare Part of Macedon Ranges
55.37 km
Distance from Melbourne CBD
2 k
Population
Auction Times
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 467 Black Forest Drive 2 1 1 House | 1:00 PM Sat 30th Nov | Raine & Horne |
 | 467 Black Forest Drive 2 2 2 House | 1:00 PM Sat 30th Nov | Raine & Horne |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $1,250,000 | -0.4% | $720,000 | $2,450,000 | 16 |
Median Sale Price
$1.17M
Based on 17 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-18.0%
Current Median Price: $1,165,000
Previous Median Price: $1,375,000
Based on 36 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | 16 |
Median Rent Price
$730
per week
Based on 16 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+11.0%
Current Median Rent: $730
Previous Median Rent: $650
Based on 27 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $1,165,000
Current Median rent: $730
Based on 33 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Schools closest to Macedon, VIC 3440
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Macedon Primary School | 67 SMITH STREETMacedon 3440 | Primary | Government | 1.43 km |