Property investors who have had real estate in Macedon, 3440 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.19%
While Macedon,3440 ranked number 317th in VIC for increase in median house value (annualised) increase, it is ranked 181th over the last 5 years.
Sellers are offering property buyers an average discount of -4.81% to buyers in Macedon at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Macedon the average time real estate has been on the market is 64.36 days.
Macedon, 3440’s gross rental yield is 3.50%