Macedon Ranges Shire
Victoria
Good to Know
Macedon Ranges is a high-value house market in the Macedon Ranges area, currently positioned as a long-hold capital growth submarket. It is home to roughly 51,458 adults across 26,287 dwellings, with a vacancy rate of 0.97%.
According to HtAG Analytics, Macedon Ranges is exhibiting balanced supply with firm demand. Stock on Market sits at 1.13% and Inventory at 3.04 months — around the ~3-month balanced-market threshold — driving +10.2% YoY price growth and +3.7% YoY rent growth.
What the market data is signalling
Price growth of +10.2% (1yr) well outpaces rent growth of +3.7% (1yr), indicating capital gains are the stronger near-term driver rather than cashflow. Vacancy is an opportune 0.97%, supporting rental tightness, while gross yield is a below-preferred 2.83%, so investors should expect lower income relative to capital upside. For a visual view of where Macedon Ranges sits today, see the Markets in the Moment (MiM™) heatmap.
Who lives in Macedon Ranges — and why it matters for investors
Macedon Ranges records an IRSAD of 1055, which sits above the recommended minimum and signals relatively advantaged socioeconomic conditions that can reduce downside volatility and support long-cycle capital growth. A 13.0% renter/owner ratio and a low units/houses mix (7.0%) point to an owner‑occupier dominated market — generally more price‑stable but less rent-driven than high-renter suburbs. Read our analysis in the IRSAD Crossover study.
Why Macedon Ranges is a screening layer, not a final answer
Council-level averages mask local pockets: Macedon Ranges shows a typical house price of $1,075,574, a gross yield of 2.83%, Stock on Market of 1.13%, Inventory of 3.04 months and median days on market of 54 days. Those metrics are useful to screen suitability, but buying decisions should be validated at suburb- and street-level within the council to capture micro-market differences. See our methodology note on this trade-off in LGA vs Suburb research.
What's behind the RCS™ score of 70
The HtAG RCS™ bundles three independent dimensions — risk minimisation, capital-growth potential and cashflow resilience — into a single composite so you can align markets to strategy. Macedon Ranges' 70 overall score reflects stronger capital signals offset by lower yield and stretched affordability. For details on the components and why the sub-scores matter, see how the RCS™ is built. Want to dig deeper? open Macedon Ranges in HtAG Copilot.
Forward signals to watch
The vacancy rate — currently 0.97%: sustained sub‑1% vacancies typically imply continued rental tightness and upward pressure on rents over 12–24 months, plus lower tenant turnover.
The building approvals ratio — currently 1.09%: a neutral/moderate approvals rate that suggests steady additions rather than a near-term construction surge that would flood supply.
The Melbourne cycle phase: a city-wide shift toward either expansion or contraction would change capital momentum locally — expansion would likely amplify Macedon Ranges' price growth, while contraction would cool local gains and place a greater premium on rental income.
Does this area meet your investment goals?
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RCS Breakdown
Macedon Ranges Shire's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
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Critical to know
Market Trends
Macedon Ranges Shire's headline values — $1,075K to buy and $585PW to rent, a 2.82% gross yield. Over the past decade, prices have moved 91.77% and rents 57.10% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$1,075K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$585PW today, with rent growth at (+3.72% YoY) compared to price growth (+10.19%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Macedon Ranges Shire in its cycle - and is the 2.82% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Macedon Ranges Shire's long-hold story?
Beyond the headline price, Macedon Ranges Shire carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Macedon Ranges Shire's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Critical to know
Fundamentals
Macedon Ranges Shire can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Macedon Ranges Shire genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Macedon Ranges Shire prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Macedon Ranges Shire - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Macedon Ranges Shire looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Macedon Ranges Shire's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Macedon Ranges Shire has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Macedon Ranges Shire shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Macedon Ranges Shire has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.