Thinking about buying in Mount Macedon? Now could not be a better time, with 960 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,897,000 with prices in this suburb ranging from $117,000 to $8,790,000. The aproximate distance to the coast is 49 Km.

Mount Macedon Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Mount Macedon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount Macedon ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Mount Macedon provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Mount Macedon 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.

Houses for sale Mount Macedon

	45 salisbury rd, mount macedon, vic, 3441				$2,100,000 - $2,300,000
	681 mount macedon rd, mount macedon, vic, 3441	4	2	2	$2,250,000 - $2,300,000

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General Points of Interest

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