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Investment Property Macleod, VIC, 3085

Suburb Snapshot

Macleod is a suburb in the Banyule Region of Victoria. Macleod has a population of 9,770 people and 21.83% of its occupants live in rental accommodation. The median listing price for houses is $1,000,000 and this has changed -4.77% over the past year and changed 4.27% over 2 years.

The median rent in Macleod for houses is $580 per week and the median rental yield is 3.01%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 45 days.The median listing price for units is $635,000 and this has changed -7.98% over the past year. The average unit takes 65 days to sell and the median rent for a unit in Macleod is $300 per week, producing a rental yield of 2.45%.

Supply & Demand in Macleod, Banyule

1.15%

Current vacancy rate


51

Rental stock available


9,770

Population


21.83%

Rental population


0.82%

Current vacancy rate


465

Rental stock available


121,863

Population


22.40%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Macleod, Banyule

  House Townhouses Units
Median listing price $1,000,000 $850,000 $635,000
Median price change - last quarter -4.77% 0.00% -1.54%
Median price change - 1 year -4.77% 3.65% -7.98%
Median price change - 2 years 4.27% -5.56% 11.40%
  House Townhouses Units
Median weekly rent $580 $620 $300
Median yield % 3.01% 3.79% 2.45%
Median rent change - 1 year 7.40% 12.72% 7.14%
  House Units
Previous month sales 6 3
Stock on market previous month 23 11
Stock variance vs. last year 0.00% -8.33%
Average days on market 45 65

Macleod investment property listings

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