Side by sideSuburb comparison

Macedon vs Woodend.

Comparing two suburbs with median house prices of $700,000 and $892,500. Woodend edges out on more headline metrics in this comparison.

Macedon (median $700,000) is roughly 22% cheaper to buy into than Woodend ($892,500).

Woodend scores higher on walkability (0/100 vs 12/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Woodend (1110) sits above Macedon (1087).

The takeWhich suburb suits which buyer

For buyers

Macedon is the lower entry point at $700,000 median, 22% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Macedon offers the higher gross rental yield (2.76% vs 2.28%), favouring cash-flow investors.

For families

Woodend edges out on average school ICSEA (1110 vs 1087).

Common questionsMacedon vs Woodend

Common questions

Is Macedon or Woodend cheaper to buy in?

Macedon has the lower median house price at $700,000, roughly 22% below Woodend ($892,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Macedon or Woodend have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Woodend scores 1110 vs 1087 in Macedon. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Macedon or Woodend?

Woodend scores 12/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Macedon or Woodend?

Gross rental yield on houses is 2.76% in Macedon vs 2.28% in Woodend. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Macedon
Metric
Woodend

Price & Market

$700,000
Median house
$892,500
$350,640
Median unit
$800,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$371/wk
Rent (house / wk)
$391/wk
$371/wk
Rent (unit / wk)
$332/wk
89.0%
Owner occupied
9.0%
Renter occupied

Lifestyle & Demographics

0
Walk score
12
0
Transit score
20
0
Bike score
100
2,073
Population
8,586
44
Median age
46

Risk & Hazard

Flood class
Bushfire risk

Schools

13
Schools nearby
8
1087
Avg ICSEA
1110

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).