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Macedon
VIC, 3440 - Macedon Ranges

Thinking about buying in Macedon? Now could not be a better time, with 1202 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,591,000 with prices in this suburb ranging from $88,000 to $7,976,000. The aproximate distance to the coast is 49 Km.

Household Makeup

Median Weekly Rent $430.00
Median Monthly Mortgage $2383.50
Median Persons Per Bedroom 0.85
Average Household Size 3.00
Average Age 42.50
Average Income $1000.50
Average Cars Per Dwelling 2.11
Average Properties Within 50M 8

Housing Stock

Average Property Prices

1 Bed  $1,508,000
2 Bed  $1,072,000
3 Bed  $1,330,000
4 Bed  $1,735,000
5 Bed  $2,276,000
6 Bed+$2,120,000
Properties for sale in Macedon
Instant Property Valuation

Macedon Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Macedon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Macedon ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Macedon provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Macedon the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Macedon

Woodards 18 KEATING ST, MACEDON, VIC, 3440 Beds2 Bathrooms1 Parking 1 $725,000 - $775,000
Woodards 51 SMITH ST, MACEDON, VIC, 3440 Beds3 Bathrooms2 Parking 2 $750,000 - $795,000
Woodards UNIT 1, 405 BLACK FOREST DR, MACEDON, VIC, 3440 Beds9 Bathrooms5 Parking 8 $1,595,000

Local Schools

Macedon Primary School

Alice Miller School

Gisborne Montessori School

Mount Macedon Primary School

Holy Cross Primary School

New Gisborne Primary School

(While the above schools are located with the suburb of Macedon there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Macedon weather - Average Local Climate by month

(mm)
RAIN		Min (°C)
TEMP		Max (°C)
TEMP		Min (%)
HUMIDITY		Max (%)
HUMIDITY		 (m/sec)
WIND		 (MJ/sq m)
SOLAR
Jan1.314.527.734.887.05.524.3
Feb1.314.427.037.688.55.220.4
Mar1.313.124.639.888.65.015.9
Apr1.410.420.943.790.64.911.9
May1.28.216.951.390.85.48.6
Jun1.46.214.158.993.25.27.3
Jul1.05.913.756.091.46.27.7
Aug1.2614.749.290.36.110.3
Sept1.67.417.742.889.46.114.5
Oct1.68.820.739.290.15.618.6
Nov1.910.722.93890.35.421.7
Dec1.712.625.535.788.65.425.3

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Mount MacedonNew GisborneBullengarookWoodendCherokeeAshbourneGisborneHesketRiddells CreekKerrie

Public Transport

Melton - Greater then 10KM Bullarto - Greater then 10KM Clarkefield - Greater then 10KM Riddells Creek - Greater then 10KM Sunbury - Greater then 10KM Cobblebank - Greater then 10KM Kyneton - Greater then 10KM Woodend - Less than 10 KM Bacchus Marsh - Greater then 10KM Diggers Rest - Greater then 10KM

General Points of Interest

Memorial to the Kurana Tragedy - Less than 10 KM North/West Plinth - Less than 10 KM South/East Plinth - Less than 10 KM South/West Plinth - Less than 10 KM East Plinth - Less than 10 KM Mt Macedon Memorial Cross - Less than 5 KM Mt Macedon Memorial Cross - Less than 5 KM Woodend Golf Club - Less than 10 KM Macedon Lodge - Less than 5 KM Historic survey cairn - Less than 10 KM Gisborne Lawn Bowls Club - Less than 10 KM

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