Macleod
Suburb profile, market snapshot and recent listings for Macleod, VIC 3085.
About Macleod
Welcome to Macleod
Macleod sits around 15 kilometres north-east of the Melbourne CBD, tucked into the leafy corridor between Rosanna and Watsonia along the Hurstbridge line. It's the kind of suburb that rarely makes headlines, which is largely the point — quiet streets, a compact village shopping strip and easy access to the Yarra parklands have made it a long-standing favourite for families and commuters who want space without giving up a direct train ride into the city.
With a population of just under 9,900 and a median age of 41, Macleod has the feel of a settled, established community rather than a suburb in flux. It suits buyers looking for a proper backyard, downsizers wanting to stay local, and anyone drawn to the bushier, more topographically interesting side of Melbourne's north-east.
Lifestyle & dining
Macleod's small commercial strip around the station does a good job of covering the everyday essentials — cafes, a bakery, a pub and a handful of local eateries that give the suburb a genuine village atmosphere rather than a strip-mall feel. For a bigger night out or a wider retail fix, residents tend to head to nearby Rosanna or across to Watsonia, both an easy drive or train hop away.
The surrounding bushland and proximity to the Yarra River corridor give Macleod a slightly greener, quieter character than many suburbs at a similar distance from the CBD, and it's this combination of local charm and natural surrounds that residents consistently point to as the suburb's drawcard.
Getting around
Macleod railway station, on the Hurstbridge line, puts the CBD within easy and direct reach, making this a popular pick for city commuters who still want a house-sized block. The Metropolitan Ring Road and Lower Plenty Road provide straightforward car access to the wider north-east, including Greensborough and the Eastern Freeway approaches.
Locally, Macleod is easy to navigate on foot or by bike, with several parks and reserves connected by walking trails that make the daily commute to the station a pleasant one rather than a chore.
Schools & families
Families are well catered for, with Macleod College serving as the local secondary option and the well-regarded Ivanhoe Grammar School operating its University Campus in the area, giving parents a strong private schooling alternative without leaving the neighbourhood. Combined with nearby options in Rosanna, Viewbank and Watsonia, the schooling choice in this pocket of Melbourne's north-east is a genuine drawcard for young families weighing up where to settle.
Parks & recreation
Macleod backs onto some of the best bushland reserves in Melbourne's inner north-east, including access points into the Banyule Flats and the broader Yarra Valley parklands shared with neighbouring Viewbank and Rosanna. These reserves are popular for walking, cycling and birdwatching, and give the suburb a bushy, semi-rural feel that's increasingly rare this close to the city.
Local ovals and reserves also support a solid roster of junior sport, from football and cricket to netball, reinforcing Macleod's reputation as a family-first suburb.
Housing & architecture
The housing stock is a mix of original post-war brick veneers, updated mid-century homes and a growing number of newer townhouses on subdivided blocks. Current listings reflect that blend, with houses making up 66% of the market, townhouses 19% and apartments or units the remaining 15% — giving buyers a reasonable spread of options depending on budget and lifestyle stage, from young professionals in a low-maintenance unit through to families after a full-sized block.
The property market
Macleod's median house price currently sits at $1.01 million, having posted growth of 5.0% recently — a solid result that reflects steady, ongoing demand for the suburb's family homes and its train-line convenience. Units and townhouses offer a notably more accessible entry point, with a median of $723,000, which has helped keep the suburb on the radar for first-home buyers and downsizers alike.
Renters can expect to pay a median of $620 a week, a figure that stacks up well against comparable pockets closer to the city, particularly given Macleod's parks, schools and direct rail access. Against neighbours like Rosanna and Viewbank, which carry a somewhat premium price tag, Macleod continues to offer relatively good value for a similar lifestyle.
Market snapshot
Macleod property market
Median sale price
$1.01m
House · 3 bed
Median rent
$620
per week
Gross rental yield
3.2%
annual rent ÷ sale price
Typical price range
Entry
$790k
Median
$1.01m
Premium
$1.41m
Days on market
29
Auction clearance
79%
Sold this year
54
Median sold price trend · House 3 bed
Compound growth -1.6% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Macleod by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Macleod, VIC 3085.
Population
9,892
residents (2021)
Median age
41
years
Household income
$1,966
median, per week
Median rent
$396
per week
Median mortgage
$2,296
per month
Mortgage / income
27%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Macleod
Government school catchment
Independent & Catholic schools
Ivanhoe Grammar School - University Campus
Recent results
Recently sold in Macleod
$1.75m
6 Horizon View
Sold ~July 2026
$1.61m
13 Ferguson Street
Sold ~July 2026
$700k
3/37 Torbay Street
Sold ~July 2026
$925k
1/101 Yallambie Road
Sold ~July 2026
$580k
16/125 Main Drive
Sold ~July 2026
$1.81m
8 Bella Vista Close
Sold ~July 2026
$1.42m
1 Evan Smith Close
Sold ~July 2026
$725k
2/62 Edward Street
Sold ~July 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 Macleod
Compare the area
Price map around Macleod
Every listing for sale near Macleod, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Macleod suburb FAQ
What is the median property price in Macleod?
The median house price in Macleod, VIC is $1.01m for a 3-bedroom home. Over the past year, median sold prices have risen about 5.0%.
How much is rent in Macleod?
The median weekly rent in Macleod is around $620 per week.
Is Macleod a good place to live?
Macleod is a suburb in Melbourne, Victoria, Australia, 14 km (8.7 mi) north-east of Melbourne's Central Business District, located within the Cities of Banyule and Darebin local government areas. Macleod is an established residential suburb in VIC, with a population of around 9,892 and 2 schools in the area.
What is the population of Macleod?
Macleod has a population of 9,892 (ABS 2021 Census), with a median age of 41.
What schools are in Macleod?
There are 2 schools in or near Macleod, including Ivanhoe Grammar School - University Campus and Macleod College.
How long do homes take to sell in Macleod?
Properties in Macleod take around 29 days to sell on average, with an auction clearance rate of about 79%.
How much do you need to buy in Macleod?
Entry-level properties in Macleod start around $790k, while premium homes reach $1.41m.
What suburbs are near Macleod?
Suburbs near Macleod include Rosanna, Watsonia, Kingsbury, Viewbank and Reservoir.
Fresh to market
New this week in Macleod
EXCEPTIONAL FAMILY LIVING IN THE HEART OF MACLEOD
ENTRY LEVEL EXCELLENCE IN CENTRAL MACLEOD
Available now