$361 ▲ +33.7%
Lower than 53% of statistical area 2 (sa2) areas.
- 2011: $270
- 2016: $343
- 2021: $361
Median weekly rent paid by households renting their home.
Macedon · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 97.7% of all homes in Macedon, making it an area dominated by detached living. This is a high-cost market where the typical monthly mortgage payment of $2,492 is well above the national figure. These expensive homes are largely owned by the residents themselves, with very few people renting.
All statistical area 2 (sa2) areas, 2021. The marker is Macedon — lower than 53% of areas.
Rents, mortgages and crowding.
Typical monthly mortgage payments are much higher than most areas at $2,492, which is well above the Victorian figure of $1,859. Meanwhile, weekly rents are about the same as the national figure, sitting at $361.
$361 ▲ +33.7%
Lower than 53% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,492 ▲ +27.8%
Higher than 87% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Macedon, the largest group is $350–$549 at 36%, followed by $200–$349 (28%) and Under $200 (21%).
Macedon splits fairly evenly between $3,000 or more (36%) and $1,800–$2,999 (31%), with $1,000–$1,799 at 20%.
How homes are owned or rented.
Home ownership is very strong here, with 43.6% of homes owned outright—far above the Australian average of 31.0%. Conversely, the 8.3% of households renting is among the lowest for similar areas.
8.3% ▼ -19.6%
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
43.6% ▲ +2.0%
Higher than 85% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Macedon splits fairly evenly between Owned with a mortgage (45%) and Owned outright (44%), with Rented at 8%.
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, with 89.6% of dwellings having three or more bedrooms, which is far above the national figure of 73.8%. These mostly detached houses have seen a decrease in the number of people per bedroom since 2011.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
97.7% ▼ -0.1%
Higher than 94% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
89.6% ▲ +2.0%
Higher than 80% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Macedon, Separate house is the majority at 98%; Other dwelling is next at 2%.
In Macedon, the largest group is 3 bedrooms at 41%, followed by 4 bedrooms (35%) and 5 or more (14%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Macedon [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/210021233/macedon/topic/housing-dwellings