Mount Macedon
Suburb profile, market snapshot and recent listings for Mount Macedon, VIC 3441.
About Mount Macedon
Welcome to Mount Macedon
Mount Macedon sits on the slopes of its namesake peak in the Macedon Ranges, about an hour's drive north-west of Melbourne's CBD. Known for its cool climate, towering exotic trees and grand historic gardens, it's long been a favourite escape for Melburnians seeking altitude, greenery and a slower pace.
With a population of just 1,450 and a median age of 48, Mount Macedon suits tree-changers, retirees and families drawn to its established character homes, bushland setting and sense of privacy. It's a place people move to for the long haul rather than pass through, and neighbouring Macedon and Cherokee share much of the same leafy, mountain-village appeal.
Lifestyle & dining
Life in Mount Macedon revolves around the mountain itself, its historic gardens and a handful of well-loved local haunts rather than a busy retail strip. Cafes and providores in the village serve the steady flow of day-trippers who come up for the cooler air and the autumn colour, while weekends often mean a walk through the memorial cross gardens or a browse of the seasonal produce that the Macedon Ranges are known for.
For a bigger night out or a wider choice of restaurants, most residents head down to Macedon or further afield to Woodend, but that short drive is part of the trade-off locals happily make for the quiet and the scenery on their own doorstep.
Shopping
Everyday shopping is modest and low-key, with the neighbouring townships of Macedon and Woodend covering supermarkets, banks and larger retail needs. Mount Macedon itself is more about specialty stops — nurseries, gift shops and cafes that cater to visitors exploring the gardens and lookouts — which suits residents who prefer to do their main shop elsewhere and keep the village itself unhurried.
Getting around
Mount Macedon is reasonably well placed for a mountain community, roughly an hour from central Melbourne via the Calder Freeway, with Macedon providing the nearest train station on the Bendigo line for those commuting into the city. Locally, roads wind steeply through forest and garden estates, so most residents rely on cars, and the drive itself — through avenues of mature trees — is considered one of the area's pleasures rather than a chore.
Schools & families
Mount Macedon Primary School anchors family life in the area, giving younger children a genuine local option within the village. Older students typically travel to secondary schools in Woodend, Gisborne or Melbourne, which is a consideration for families weighing up the area's rural setting against its distance from broader schooling choices.
Parks & recreation
This is arguably Mount Macedon's biggest drawcard: the Memorial Cross and its surrounding gardens, the Duneira Heritage Garden, and numerous walking tracks through cool-climate forest and historic estate plantings established over more than a century. The mountain's lookouts and picnic spots draw visitors year-round, but for locals they're simply the backyard, offering walking, birdwatching and a genuine change of scenery from the flatter suburbs of Melbourne.
The property market
Property in Mount Macedon centres on established houses, which make up 81% of current listings, with the remaining 19% land — reflecting a market built around character homes and larger garden allotments rather than new subdivisions. The median house price sits at $1.32 million, and prices have held steady over the recent period at 0.0% growth, suggesting a settled, low-turnover market rather than one driven by rapid capital gain.
That stability, combined with generous block sizes and the area's reputation for privacy and greenery, tends to appeal to buyers planning to stay long term rather than those chasing a quick resale. It's a market shaped by lifestyle motivations as much as investment ones, with Cherokee and Macedon offering comparable alternatives for buyers who want the same ranges lifestyle with slightly different housing stock.
Market snapshot
Mount Macedon property market
Median sale price
$1.32m
House · 3 bed
Median rent
—
per week
Gross rental yield
—
annual rent ÷ sale price
Typical price range
Entry
$910k
Median
$1.32m
Premium
$2.23m
Days on market
—
Auction clearance
0%
Sold this year
10
Median sold price trend · House 3 bed
Compound growth -1.3% / yr over 4 yrs
Property types on market
Share of current listings in Mount Macedon by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Mount Macedon, VIC 3441.
Population
1,450
residents (2021)
Median age
48
years
Household income
$2,647
median, per week
Median rent
$330
per week
Median mortgage
$2,604
per month
Mortgage / income
23%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Mount Macedon
Government school catchment
Recent results
Recently sold in Mount Macedon
$2.05m
133 Shannons Road
Sold ~July 2026
$1.50m
23 Green Avenue
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 Mount Macedon
Compare the area
Price map around Mount Macedon
Every listing for sale near Mount Macedon, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Mount Macedon suburb FAQ
What is the median property price in Mount Macedon?
The median house price in Mount Macedon, VIC is $1.32m for a 3-bedroom home.
Is Mount Macedon a good place to live?
Mount Macedon is a town 64 kilometres (40 mi) north-west of Melbourne in the Australian state of Victoria. Mount Macedon is an established residential suburb in VIC, with a population of around 1,450 and 1 school in the area.
What is the population of Mount Macedon?
Mount Macedon has a population of 1,450 (ABS 2021 Census), with a median age of 48.
What schools are in Mount Macedon?
There is 1 school in or near Mount Macedon, including Mount Macedon Primary School.
How much do you need to buy in Mount Macedon?
Entry-level properties in Mount Macedon start around $910k, while premium homes reach $2.23m.
What suburbs are near Mount Macedon?
Suburbs near Mount Macedon include Cherokee and Macedon.
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