Macedon · Statistical Area 2 (SA2)

Housing & Dwellings in Macedon

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.

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📍 Macedon, Statistical Area 2 (SA2)

Where Macedon sits — Median rent (weekly)

$361 ▲ +33.7%
  • $100–$121: 37 areas
  • $121–$143: 11 areas
  • $143–$164: 27 areas
  • $164–$186: 32 areas
  • $186–$207: 63 areas
  • $207–$229: 57 areas
  • $229–$250: 59 areas
  • $250–$271: 158 areas
  • $271–$293: 106 areas
  • $293–$314: 178 areas
  • $314–$336: 149 areas
  • $336–$357: 207 areas
  • $357–$379: 179 areas
  • $379–$400: 182 areas
  • $400–$421: 312 areas
  • $421–$443: 103 areas
  • $443–$464: 158 areas
  • $464–$486: 69 areas
  • $486–$507: 85 areas
  • $507–$529: 38 areas
  • $529–$550: 32 areas
  • $550–$571: 45 areas
  • $571–$593: 19 areas
  • $593–$614: 34 areas
  • $614–$636: 8 areas
  • $636–$657: 11 areas
  • $657–$679: 5 areas
  • $679–$700: 28 areas

All statistical area 2 (sa2) areas, 2021. The marker is Macedon — lower than 53% of areas.

Median rent (weekly) compared with the state and national average
Macedon$361
3441, VIC $330
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $270
  • 2016: $343
  • 2021: $361

Median weekly rent paid by households renting their home.

$2,492 ▲ +27.8%

Higher than 87% of statistical area 2 (sa2) areas.

  • 2011: $1,950
  • 2016: $2,000
  • 2021: $2,492

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Macedon, the largest group is $350–$549 at 36%, followed by $200–$349 (28%) and Under $200 (21%).

Monthly mortgage distribution

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Macedon splits fairly evenly between $3,000 or more (36%) and $1,800–$2,999 (31%), with $1,000–$1,799 at 20%.

Owning & renting

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.

  • 2011: 10.4%
  • 2016: 10.5%
  • 2021: 8.3%

Share of occupied private dwellings that are rented.

43.6% ▲ +2.0%

Higher than 85% of statistical area 2 (sa2) areas.

  • 2011: 42.7%
  • 2016: 40.2%
  • 2021: 43.6%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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Macedon splits fairly evenly between Owned with a mortgage (45%) and Owned outright (44%), with Rented at 8%.

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

97.7% ▼ -0.1%

Higher than 94% of statistical area 2 (sa2) areas.

  • 2011: 97.8%
  • 2016: 97.5%
  • 2021: 97.7%

Share of occupied private dwellings that are separate houses.

89.6% ▲ +2.0%

Higher than 80% of statistical area 2 (sa2) areas.

  • 2011: 87.9%
  • 2016: 87.0%
  • 2021: 89.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Macedon, Separate house is the majority at 98%; Other dwelling is next at 2%.

Bedrooms per home

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In Macedon, the largest group is 3 bedrooms at 41%, followed by 4 bedrooms (35%) and 5 or more (14%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Macedon

Cite this page

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