Suburb Profile Report for Macleod VIC (3085)

Macleod House: Median price $810,000, Annual capital growth 9.95%, Number of sales 109, Weekly median advertised rent $400

Macleod Unit: Median price $539,000, Annual capital growth 5.49%, Number of sales 74, Weekly median advertised rent $340

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 7.80% which means that Macleod, 3085 has done well for property investors by showing a capital gain of 12.50% over the last year

If we look at median property appreciation over just the last three months, Macleod has given property investors a paper return of 0.00%. This puts Suburb as 459 on a list of fastest fasting appreciating suburbs in VIC

Macleod, 3085 is offering VIC ‘s 182th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.

In the last year 109 properties changed hands in Macleod, which puts it as the 236th most active market in VIC when comparing the number of sales per suburb.

Macleod is 496th on a list of best yielding suburbs for rents in VIC with a 2.57% return

VIC has seen average median house prices change by 3.63% which means that Macleod, 3085 has done well for property investors by showing a capital gain of 4.66% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Macleod comes in at number 34th in VIC.

The most recent median price for Macleod is $539000, with sellers offering an average of -6.52% off the asking price.

At number 314 in a list of fastest selling suburbs, Macleod is in the TOP 30% of suburbs in Australia with an average of days on market 53.61 for properties listed there.

The VIC suburb of Macleod, 3085 is in the Banyule local government area.

HOUSE UNIT
$810,000 $539,000
0.00% -0.83%
12.50% 4.66%
9.95% 5.49%
$400 $340
109 74
2.57% 3.28%
45.34 53.61

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 9605
Median household income ($/weekly) 1419
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1017 10.6
    25-34 years 1263 13.1
    35-44 years 1564 16.3
    45-54 years 1229 12.8
    55-64 years 997 10.4
    Others 3535 36.8
    Age Group
    Census Count Percent(%)
    Registered Married 3637 51.4
    Not Married 2892 40.8
    Defacto Relationship 553 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 6871 74.7
    Croatia 255 2.8
    Japan 164 1.8
    United Kingdom 354 3.8
    Other 342 3.7
    Others 1213 13.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 246 2.8
    Christianity 5894 66.9
    Hinduism 147 1.7
    Islam 184 2.1
    No Religion 2273 25.8
    Others 61 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 276 8.5
    $600-$799 272 8.4
    $1,500-$1,999 390 12.1
    $2,000-$2,499 315 9.7
    $2,500-$2,999 368 11.4
    Others 1613 49.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2947 39.0
    Not in the labour force 2711 35.9
    Employed, worked part-time 1411 18.7
    Employed, away from work 273 3.6
    Unemployed, looking for work 218 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 646 14.0
    Professionals 1380 29.8
    Technicians & trades workers 563 12.2
    Clerical & administrative workers 716 15.5
    Sales 425 9.2
    Others 900 19.4
    Occupation
    Census Count Percent(%)
    Pre-school 186 8.1
    Infants/Primary 693 30.3
    Secondary 503 22.0
    Technical or Further Educational Institution 188 8.2
    University or other Tertiary Institutions 644 28.2
    Others 72 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7688 86.8
    Semi-detached, row or terrace house, townhouse 788 8.9
    Flat, unit or apartment 361 4.1
    House or flat attached to a shop, office 16 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1358 39.0
    Fully owned 1338 38.4
    Rented 736 21.1
    Other tenure type 50 1.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals