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Macedon Ranges Shire, VIC

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The Shire of Macedon Ranges is an area in Central Victoria, Australia, well known for its gorgeous mountain ranges, wineries lakes, native forests and picturesque towns. Recent trends in the Macedon Ranges real estate market include an expansion in housing construction due to increased demand from home buyers and property investors.

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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.

The Macedon Ranges Real Estate Market is one of the most sought after areas in Victoria. Discover the most up-to-date trends and analysis for this LGA by exploring the data below.

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Suburb Heatmap Analysis

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.

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Yield chart
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GRC chart
Fundamentals
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
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SOM chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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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.

How many people live in Macedon Ranges Shire, VIC?

There are approximately 46000 people living in roughly 19000 dwellings in total, with an average household size of 2.7.

What are current and planned infrastructure projects in Macedon Ranges Shire, VIC?

Notable infrastructure projects include 2022 Priority Projects Prospectus, Healthy Heart of Victoria, Loddon Mallee Region Move It, Macedon Ranges Regional Sports Precinct, Macedon Ranges Shared Trails Project, Timor-Leste friendship, Village Connect.

What major retailers are there in Macedon Ranges Shire, VIC?

The main retail centres are Country Mile, Black Horse Clothing, Piccolini Shoes, The Tree House.

What is the main industry in Macedon Ranges Shire, VIC?

Such sectors as Health Care and Social Assistance, Education and Training, Construction, Manufacturing, Retail Trade make up the largest part of the employment.

What are the dominant demographic groups in Macedon Ranges Shire, VIC?

Among approximately 46000 people in Macedon Ranges Shire males and females make roughly 49% and 51% respectively. The median age of people is 42 years. Children aged 0-14 years account for approximately 21% of the population, and those aged 65+ years account for 16%.

How is unemployment rate trending in Macedon Ranges Shire, VIC?

Among approximately 23000 people employed, roughly 56% work full-time, 34% work part-time, and an estimated 4% are unemployed.

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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