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 5.83%
The five-year average increase in median property values for Macedon,3440 has given property investors a potential capital gain of 115.63% across each of those five years.
Often selling an investment property can take time, and in Macedon the average time real estate has been on the market is 106.667 days.
Advertised rents are around the $575 mark per week – giving a return of 3.47% based on the median price in Suburb