Market snapshot
Suburb insights for Macleod3085
Change suburbMacleod 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 66 Sugarloaf Dr, Macleod |  | Land (Res) | Passed in at Auction | 14/02/2025 | Barry Plant | View | |
| 80 Erskine Rd, Macleod | 3 | | House (Res) | Auction Sale | 14/02/2025 | Ray White Macleod | View |
Sales data
Median sale price
$1.2mil
Quarterly price change
16.3%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Macleod | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,050,000 | $807,000 |
| 4 | $1,500,000 | $950,000 |
| Insight | Macleod | Metro comparison |
|---|---|---|
| Clearance rate | 76.2% | 72.6% |
| Days on market | 34 | 43 |
Rental data
Median weekly rent
$580
Rental yield
2.5%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Macleod | Metro comparison |
|---|---|---|
| 2 | $468 | $575 |
| 3 | $573 | $550 |
| 4 | $775 | $600 |
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