Macedon Ranges Shire, VIC

The Shire of Macedon Ranges is an area in Central Victoria, Australia, well known for its large indigenous forests, famous geographical feature Hanging Rock, and booming artisan food and wine businesses.

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It is approximately halfway between Bendigo and Melbourne. Gisborne, Kyneton, Lancefield, Macedon, Malmsbury, Mount Macedon, New Gisborne, Riddells Creek, Romsey, and Woodend are all included in one municipality.
The Shire is named after the Macedon Ranges, the region’s most prominent physical feature. It has grown to be one of Victoria’s most popular tourist destinations and is home to some of the state’s most desirable real estate.

Professionals account for 22.2 % of jobs in Macedon Ranges, followed by technicians and trades workers at 16.0 %, managers at 14.6 %, clerical and administrative workers at 13.0 %, and community and personal service workers at 11.3 %.

Macedon Ranges residents aged 15 and older have a median weekly personal income of $702.

In Macedon Ranges, 93.7 % of occupied private residences are detached houses, 4.4 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 1.0 % are flats or apartments, and 0.6 % are other dwellings.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Macedon Ranges Shire, VIC

What other property markets are there near Macedon Ranges Shire, VIC?

The Shire of Macedon Ranges is a region in Central Victoria, Australia, best known for its expansive native forests, iconic geographical attraction Hanging Rock, and thriving artisan food and wine industries.

Suburbs/localities in this Local Government Area: Goldie 3435, Greenhill 3444, Hesket 3442, Kerrie 3434, Kyneton 3444, Kyneton South 3444, Lancefield 3435, Lauriston 3444, Macedon 3440, Malmsbury 3446, Baynton 3444, Baynton East 3444, Monegeetta 3433, Mount Macedon 3441, New Gisborne 3438, Newham 3442, Pastoria 3444, Pastoria East 3444, Pipers Creek 3444, Benloch 3435, Riddells Creek 3431, Rochford 3442, Romsey 3434, Sidonia 3444, Spring Hill 3444, Tantaraboo 3764, Trentham East 3458, Tylden 3444, Bolinda 3432, Woodend 3442, Woodend North 3442, Springfield 3434, Bullengarook 3437, Cadello 3442, Carlsruhe 3442, Cherokee 3434, Chintin 3756, Clarkefield 3430, Cobaw 3442, Darraweit Guim 3756, Denver 3461, Ashbourne 3442, Edgecombe 3444, Fern Hill 3458, Gisborne 3437, Gisborne South 3437

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