Market snapshot

Suburb insights for Macleod3085

Change suburb

Macleod is located 14 km north-east of the CBD. Located in Melbourne's north MacLeod is a small suburb featuring significant tracts of reserves. The suburb is comprised of mainly one and two person households which reflects the significant elderly population in the area with about 23% of the populaation aged 60 and over. Until recently the suburb was the location of several health facilities such as Mont Park Plenty and MacLeod Repatriation hospitals some of which are now closed and being redeveloped for housing. MacLeod also features Gresswell Forest Wildlife Reserve.

Recent sales and auction results in Macleod

AddressBedroomsPriceTypeMethodSale DateAgentListing
61B/116-130 Main Dr, Macleod1PriceApartmentPrivate Sale12/06/2024Morrison KleemanView

Sales data

Median sale price
$1.2mil
Quarterly price change
10.9%
Metro Melbourne Comparison
$929k
2%
BedroomsMacleodMetro comparison
2-$920,000
3$980,000$810,000
4$1,369,000$965,000
InsightMacleodMetro comparison
Clearance rate64%75.3%
Days on market3340

Rental data

Median weekly rent
$550
Rental yield
2.5%
Metro Melbourne Comparison
$550
3.1%
BedroomsMacleodMetro comparison
2-$550
3$533$520
4$608$575
Median data for the current quarter

Find a REIV member

Real estate professionals in your area with the right skills, the best knowledge and proven expertise.