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Macorna North, VIC 3568
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$455,000
list-price estimate
Median Unit
$375,000
list-price estimate
Gross Yield (houses)
4.2%
1yr Growth
-
Investment snapshot for Macorna North
Macorna North has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Macorna North market and investor summary
In Macorna North, VIC 3568, houses show a gross rental yield of 4.2%. At 3.1% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.2% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 69 days on market, so plan for a slower exit if you ever need one.
Living in Macorna North: people, income and schools
Macorna North is home to around 31 people, a number that has held fairly steady over five years. The median age is 29, younger than the national median, and 77% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $71,000 a year, or roughly $1,370 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10).
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 31
- -2% over 5yr
- Median age
- 29 years
- Median household income
- $71,000/yr
- Households renting
- 18%
- Family households
- 64%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 1.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Macorna North
No properties currently listed in Macorna North
Search Macorna North listings →Frequently asked questions about Macorna North
What should I check before investing in Macorna North?
Macorna North has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.2% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Macorna North show?
The gross rental yield in Macorna North is 4.2% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Macorna North?
The current vacancy rate in Macorna North is 3.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Macorna North?
Macorna North has a population of approximately 31 residents, with a median age of 29.
Is Macorna North's population growing?
The population of Macorna North has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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