Thinking about buying in Macedon Ranges? Now could not be a better time, with just 78 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,331,000 with prices in this suburb ranging from $1,171,000 to $3,932,000. The aproximate distance to the coast is 67 Km.
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Consistent high demand relative to supply is a key feature in Macedon Ranges driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Macedon Ranges are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Macedon Ranges provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Macedon Ranges necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Macedon Ranges the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.4 | 12.7 | 30.6 | 25.1 | 81.8 | 4.3 | 27.8 |
Feb | 1.3 | 13.4 | 29.9 | 28.1 | 82.7 | 3.9 | 23.5 |
Mar | 2.0 | 11.6 | 26.6 | 34.3 | 87.3 | 3.5 | 18.3 |
Apr | 0.9 | 7.8 | 21.6 | 42.2 | 91.5 | 3.0 | 13.8 |
May | 1.5 | 4.5 | 16.3 | 54.8 | 96.2 | 2.8 | 9.8 |
Jun | 4.9 | 3.4 | 13.3 | 65.8 | 98.0 | 2.5 | 7.9 |
Jul | 2.1 | 3.2 | 12.2 | 67.4 | 97.4 | 2.6 | 7.3 |
Aug | 1.6 | 3 | 13.8 | 57.5 | 95.5 | 3.0 | 10.9 |
Sept | 1.4 | 3.6 | 17.4 | 47.4 | 95.6 | 3.0 | 15.6 |
Oct | 1.6 | 5.8 | 20.7 | 42.5 | 93.9 | 3.3 | 21.9 |
Nov | 1.9 | 8.5 | 24.5 | 35.5 | 91.7 | 3.5 | 24.6 |
Dec | 1.0 | 11.2 | 28.8 | 26.6 | 82.9 | 3.7 | 28.7 |
source: Australian Government Bureau of Meteorology
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