Suburb Profile Report for Mount Macedon VIC (3441)

Mount Macedon House: Median price $785,000, Annual capital growth 7.11%, Number of sales 19, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

With a capital gain of 20.86% for the last 12 months, Mount Macedon, 3441 has performed for property investments than its average annual 7.11% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Macedon comes in at number 654th in VIC.

Property buyers and investors in Mount Macedon 3441 should be seeing an average reduction in asking price of around -9.37% . This means that Mount Macedon is holding prices well when compared to other suburbs in VIC.

Metrics i HOUSE UNIT
$785,000 N/A
4.67% N/A
20.86% N/A
7.11% N/A
N/A N/A
19 N/A
N/A N/A
128.41 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1320
Median household income ($/weekly) 1779
Median age of persons 45
Median housing loan repayment ($/monthly) 2000
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 185 14.0
    35-44 years 168 12.7
    45-54 years 225 17.0
    55-64 years 250 18.9
    65-74 years 162 12.3
    Others 330 25.0
    Age Group
    Census Count Percent(%)
    Registered Married 593 62.6
    Not Married 267 28.2
    Defacto Relationship 88 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 986 78.8
    Greece 12 1.0
    Papua New Guinea 14 1.1
    United Kingdom 126 10.1
    Other 35 2.8
    Others 78 6.2
    Country of Birth
    Census Count Percent(%)
    Christianity 749 63.0
    No Religion 423 35.6
    Buddhism 10 0.8
    Islam 3 0.3
    Other Religious Groups 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 36 8.9
    $1,500-$1,999 61 15.1
    $2,000-$2,499 34 8.4
    $2,500-$2,999 68 16.9
    $3,000-$3,499 31 7.7
    Others 173 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 377 37.1
    Not in the labour force 330 32.5
    Employed, worked part-time 238 23.4
    Employed, away from work 38 3.7
    Unemployed, looking for work 33 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 129 19.7
    Professionals 217 33.1
    Technicians & trades workers 73 11.1
    Community & personal service workers 59 9.0
    Clerical & administrative workers 79 12.1
    Others 98 15.0
    Occupation
    Census Count Percent(%)
    Pre-school 20 6.2
    Infants/Primary 136 41.8
    Secondary 95 29.2
    Technical or Further Educational Institution 23 7.1
    University or other Tertiary Institutions 42 12.9
    Others 9 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1202 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 207 45.7
    Fully owned 197 43.5
    Rented 46 10.2
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals