Suburb Profile Report for Macleod VIC (3085)

Macleod House: Median price $830,000, Annual capital growth 9.97%, Number of sales 93, Weekly median advertised rent $400

Macleod Unit: Median price $555,500, Annual capital growth 6.13%, Number of sales 49, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 3.75% for the last 12 months, Macleod, 3085 has performed for property investments than its average annual 9.97% property growth over the last 5 years.

A 52.71% growth in median value for property investors in Macleod,3085 puts this suburb at number 638th in terms of best performing suburbs in VIC

Macleod3085 is located in VIC which offers an average discount of -5.80% to property investors. Macleod itself is showing figures that indicate -5.97% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Macleod being $830000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 2.51%

Property value increases in Macleod have tracked close to the VIC average of 4.28% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Macleod comes in at number 46th in VIC.

Property investors looking for a bargain in Macleod should be aiming for at least -5.73% off the asking price, which is the average vendor discount being achieved at the moment.

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

Metrics i HOUSE UNIT
$830,000 $555,500
-2.47% 3.25%
3.75% 2.21%
9.97% 6.13%
$400 $255
93 49
2.51% 2.39%
32.48 41.21

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Macleod VIC
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
Chart Table
Recent sales & rentals