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Macedon is in Macedon Ranges LGA, VIC, postcode 3440, with population 2,073.
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There are enough stretched or weaker signals here that you should assume trade-offs rather than a clean story. Use compare mode to see whether the downside is price, local quality, or weaker momentum before treating it as a target suburb.
The local employment base leans toward education and construction. Local taxable income moved +1.2% year-on-year in the latest ATO series. VIC employment is up +0.9% year-on-year (+33K jobs) and +13.9% over five years in the official NERO dataset. Read this as a broader state jobs backdrop combined with local employment mix, not a suburb-only new-jobs count.
VIC has 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2024-10-02. This suburb also matches 2 local transport stops or stations, which adds nearby access context but does not prove direct project exposure. Read this as a state delivery backdrop, not a suburb-specific project list.
Macedon is a smaller suburb in Victoria within the Macedon Ranges local government area (postcode 3440). With a population of 2,073, the suburb has an established demographic with a median age of 44. Households earn a median income of $122K per year, with an average household size of 2.8 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward education and construction. The top ancestries reported are Australian, English, Irish.
This suburb mixes release datasets, Census data, and matched local services. Use the data status block before treating every metric as equally fresh.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
Hospitals, Population growth, Building approvals
Higher SEIFA context supports a stronger local-quality read. Gross yield looks low for an income-first use case.
Compare it against a contrasting suburb before turning it into a decision.
Higher SEIFA context supports a stronger local-quality read.
Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
The detailed view stays here for deeper inspection. If you want the complete charts, profile tables, data-status panel, and related suburb browsing, this is still the advanced mode.
Macedon is a smaller suburb in Victoria within the Macedon Ranges local government area (postcode 3440). With a population of 2,073, the suburb has an established demographic with a median age of 44. Households earn a median income of $122K per year, with an average household size of 2.8 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward education and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Macedon is $1.1 million, having dipped slightly 0.5% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,213.
Macedon is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 2 rail stations. The crime rate in the Macedon Ranges LGA is moderate at 4,801 incidents per 100,000 population.
From an investment perspective, Macedon offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 9.0x is considered moderate. House prices have moved -0.5% year-on-year.
Macedon is a smaller suburb in Victoria within the Macedon Ranges local government area (postcode 3440). With a population of 2,073, the suburb has an established demographic with a median age of 44. Households earn a median income of $122K per year, with an average household size of 2.8 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward education and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Macedon is $1.1 million, having dipped slightly 0.5% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,213.
Macedon is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 2 rail stations. The crime rate in the Macedon Ranges LGA is moderate at 4,801 incidents per 100,000 population.
From an investment perspective, Macedon offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 9.0x is considered moderate. House prices have moved -0.5% year-on-year.