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Macorna, VIC 3579
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$380,000
Median Unit
$90,000
Gross Yield (units)
5.5%
1yr Growth
-
Investment snapshot for Macorna
Macorna has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Macorna market and investor summary
In Macorna, VIC 3579, the median house sells for around $380K. At 0.7% vacancy, it is a tight rental market that favours landlords.
Houses also take time to sell, around 84 days on market, so plan for a slower exit if you ever need one.
Living in Macorna: people, income and schools
About 67 people live in Macorna, a count that has slipped about 3% over five years. At a median age of 12, it reads as younger than the national median, and families account for 54% of households.
The typical household income runs to around $55,000 a year (about $1,050 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to about 7.0 times local household income, in line with much of metropolitan Australia.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 67
- -3% over 5yr
- Median age
- 12 years
- Median household income
- $55,000/yr
- Households renting
- 35%
- Family households
- 54%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 2.4%
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
No properties currently listed in Macorna
Search Macorna listings →Frequently asked questions about Macorna
What should I check before investing in Macorna?
Macorna has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.5%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Macorna?
The median property price in Macorna, VIC 3579 is $380K for houses and $90K for units.
What rental yield does Macorna show?
The gross rental yield in Macorna is 5.5% for units. 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?
The current vacancy rate in Macorna is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Macorna?
Macorna has a population of approximately 67 residents, with a median age of 12.
Is Macorna affordable to buy in?
A median house in Macorna costs about 7.0 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Macorna's population growing?
The population of Macorna has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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