Market snapshot

Suburb insights for Macleod3085

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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
131 Ernest Jones Dr, Macleod3PriceHouse (Res)Passed in at Auction20/07/2024McGrath IvanhoeView
3/151 Greensborough Rd, Macleod3PriceTownhouse (Res)Auction Sale20/07/2024Ray White MacleodView
1 Joules Ct, Macleod3PriceHouse (Res)Sold Before Auction18/07/2024Jellis CraigView
11/25 Pottage Cirt, MacleodPriceTownhouse (Res)Private Sale16/07/2024Ray White MacleodView
1/61 Braid Hill Rd, Macleod4PriceTownhouse (Res)Passed in Vendor Bid20/07/2024Ray White MacleodView
24 Strathallan Rd, MacleodPriceTownhouse (Res)Private Sale30/01/2024Jellis Craig

Sales data

Median sale price
$1.3mil
Quarterly price change
8.1%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsMacleodMetro comparison
2-$902,500
3$995,000$810,000
4$1,397,500$955,000
InsightMacleodMetro comparison
Clearance rate84%73.8%
Days on market3342

Rental data

Median weekly rent
$555
Rental yield
2.5%
Metro Melbourne Comparison
$560
3.2%
BedroomsMacleodMetro comparison
2-$550
3$550$540
4$605$580
Median data for the current quarter
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