Macedon Ranges · 3441
Mount Macedon, VIC
population +7.8% (5y), incomes +13.0% (5y).
NextSuburb scoreTier D
21Below trend
Median house
$865k
5y growth
2.2%/yr
Gross yield
2.0%
Vacancy
2.4%
Thin market · ~1.4k residentsLow confidence
Thin marketSmall sample sizes (~12 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)2.2%/yr22/100
- Population growth+7.8% (5y)78/100
- Supply tightening+5.0% YoY25/100
- Rental yield2.0%40/100
- Rental demand2.4% vacancy40/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordability42% under cap42/100
Why this score
Mount Macedon scores 21/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 13.0% income growth. The standout watch-out: population of 1,450 makes the market illiquid.
Drivers
- Population growth+7.8% (5y)
Risks
- Only 1,450 residents — illiquid, slow to sell
- Thin gross yield (2.0%)
Nearest infrastructure
Melbourne Airport Rail — Sunshine Hub47.8 km away
Approved · $13.0bn · completion 2033
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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