VIC · 3440

Macedon

Suburb profile, market snapshot and recent listings for Macedon, VIC 3440.

Macedon, VIC 3440

About Macedon

Welcome to Macedon

Macedon is a town at the foot of Mount Macedon in the Macedon Ranges, between Melbourne and Bendigo in central Victoria. It is administered by the Shire of Macedon Ranges. Macedon recorded a population of 2,073 at the 2021 census, while its urban population was 2,926, up from 2,808 at the 2016 census. The combined population of Macedon and the nearby larger town of Gisborne was 21,071 at June 2016.

Market snapshot

Macedon property market

Median price ranks #916 of 3,797 suburbs · pricier than 76%

Median sale price

$1.17m

House · 4 bed

Median rent

per week

Gross rental yield

annual rent ÷ sale price

Typical price range

Entry

$926k

Median

$1.17m

Premium

$2.51m

Days on market

90

Auction clearance

0%

Sold this year

14

Median sold price trend · House 4 bed

Compound growth -1.2% / yr over 4 yrs

Property types on market

Share of current listings in Macedon by dwelling type.

House84%
Land16%

Who lives here

Demographics

ABS Census 2021 figures for Macedon, VIC 3440.

Population

2,073

residents (2021)

Median age

44

years

Household income

$2,353

median, per week

Median rent

$371

per week

Median mortgage

$2,213

per month

Mortgage / income

22%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Macedon

Government school catchment

Macedon Primary School

Prep-6CoEdGovernment
Visit school website →

Independent & Catholic schools

Alice Miller School

Prep-12CoEdPrivate
Visit school website →

Recent results

Recently sold in Macedon

$1.02m

2 Ellandee Crescent

house3 bd · 2 ba · 2 car

Sold ~July 2026

$1.97m

27 Scott Street

house4 bd · 3 ba · 4 car

Sold ~July 2026

$890k

5 Bent Street

house4 bd

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Macedon

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Compare the area

Price map around Macedon

Every listing for sale near Macedon, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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MacedonNearby suburbs

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Common questions

Macedon suburb FAQ

What is the median property price in Macedon?

The median house price in Macedon, VIC is $1.17m for a 4-bedroom home.

Is Macedon a good place to live?

Macedon is a town at the foot of Mount Macedon in the Macedon Ranges, between Melbourne and Bendigo in central Victoria. Macedon is an established residential suburb in VIC, with a population of around 2,073 and 2 schools in the area.

What is the population of Macedon?

Macedon has a population of 2,073 (ABS 2021 Census), with a median age of 44.

What schools are in Macedon?

There are 2 schools in or near Macedon, including Alice Miller School and Macedon Primary School.

How long do homes take to sell in Macedon?

Properties in Macedon take around 90 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Macedon?

Entry-level properties in Macedon start around $926k, while premium homes reach $2.51m.

What suburbs are near Macedon?

Suburbs near Macedon include Gisborne, New Gisborne and Mount Macedon.

Available now

Properties in Macedon

View all listings →
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For Sale
$1.15m–$1.25m
house

Absorb the Sounds of the Bush - 9281m² approx.

90 Ellandee Crescent, Macedon VIC 3440
3389281 m²
Raine & Horne Gisborne2 months ago
Ask AI about this property
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For Sale
$960k–$1.05m
house

Spacious Family Living Moments from Macedon Town Centre

118 Smith Street, Macedon VIC 3440
3121496 m²
Raine & Horne Kyneton1 month ago
Ask AI about this property
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For Sale
$1.02m–$1.13m
land

Exceptional Vacant Land in the Heart of Macedon

38 Greene Street, Macedon VIC 3440
5500 m²
Bound Real Estate3 months ago
Ask AI about this property
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For Sale
$1.65m–$1.75m
house

Stunning 7-Acre Lifestyle Retreat with Water Views & Separate Guest Accommodation

166 Norton Road, Macedon VIC 3440
5233.02 ha
Raine & Horne Gisborne2 months ago
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For Sale
$2.5m–$2.74m
house

Private Mountainside Sanctuary With Views That Stretch To Melbourne

9 Green Avenue, Mount Macedon VIC 3441
4425590 m²
Raine & Horne Gisborne1 month ago
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For Sale
Contact agent
house

Derriweit Heights c. 1873 2007 - Provenance, Privacy and Lifestyle.

85 Douglas Road, Mount Macedon VIC 3441
7441.05 ha
Dominic Romeo Historic Property3 months ago
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For Sale
$1.1m–$1.2m
land

Rare Lifestyle Opportunity in a Private Natural Setting - 4.7 acres approx.

Lot 1 Black Forest Drive, Macedon VIC 3440
1.91 ha
Raine & Horne Gisborne3 months ago
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For Sale
$2.85m–$3.1m
house

Bellbird - A Refined Country Estate with Breathtaking Views

92 Douglas Road, Mount Macedon VIC 3441
4371.42 ha
Ray White Kyneton3 months ago
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For Sale
Contact agent
house

Independent Schools

16 Honour Avenue, Mount Macedon VIC 3441
424 ha
TCC REAL ESTATE GISBORNE3 months ago
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For Sale
$1.70m
house

Stylish mountain retreat with exceptional convenience

12 Alton Road, Mount Macedon VIC 3441
522984 m²
McQueen Real Estate3 months ago
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For Sale
Contact agent
house
StMate est. ~$1.66m

Celebrating Architectural Excellence on two titles

2 Tucketts Road, Mount Macedon VIC 3441
5448.09 ha
Mount Macedon Realty3 weeks ago
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For Sale
$1.95m–$2.05m
house

Simply Stunning

34 Ferrier Street, Mount Macedon VIC 3441
4422768 m²
Jellis Craig Woodend, Castlemaine & Daylesford2 weeks ago
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