Market snapshot
Suburb insights for Macleod3085
Change suburbMacleod is located 14 km north-east of the CBD. Located in Melbourne's north MacLeod is a small suburb featuring significant tracts of reserves. The suburb is comprised of mainly one and two person households which reflects the significant elderly population in the area with about 23% of the populaation aged 60 and over. Until recently the suburb was the location of several health facilities such as Mont Park Plenty and MacLeod Repatriation hospitals some of which are now closed and being redeveloped for housing. MacLeod also features Gresswell Forest Wildlife Reserve.
Recent sales and auction results in Macleod
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 7/37 Torbay St, Macleod | 3 |  | Unit | Auction Sale | 15/08/2025 | Jellis Craig |
Sales data
Median sale price
$1mil
Quarterly price change
-0.4%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Macleod | Metro comparison |
|---|---|---|
| 2 | - | $890,000 |
| 3 | $995,000 | $815,000 |
| 4 | $1,487,500 | $950,000 |
| Insight | Macleod | Metro comparison |
|---|---|---|
| Clearance rate | 80% | 79.5% |
| Days on market | 37.5 | 39 |
Rental data
Median weekly rent
$590
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Macleod | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $580 | $550 |
| 4 | $885 | $600 |
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