Side by sideSuburb comparison

New Gisborne vs Macedon.

Comparing two suburbs with median house prices of $915,000 and $700,000. Macedon edges out on more headline metrics in this comparison.

Macedon (median $700,000) is roughly 31% cheaper to buy into than New Gisborne ($915,000).

On school quality, the average ICSEA across schools serving Macedon (1087) sits above New Gisborne (1073).

The takeWhich suburb suits which buyer

For buyers

Macedon is the lower entry point at $700,000 median, 31% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.

For families

Macedon edges out on average school ICSEA (1087 vs 1073).

Common questionsNew Gisborne vs Macedon

Common questions

Is New Gisborne or Macedon cheaper to buy in?

Macedon has the lower median house price at $700,000, roughly 31% below New Gisborne ($915,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does New Gisborne or Macedon have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Macedon scores 1087 vs 1073 in New Gisborne. 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.

The numbers behind the take

New Gisborne
Metric
Macedon

Price & Market

$915,000
Median house
$700,000
$308,880
Median unit
$350,640
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

Rent (house / wk)
Rent (unit / wk)
87.0%
Owner occupied
89.0%
11.0%
Renter occupied
9.0%

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
25
Bike score
0
2,509
Population
2,073
41
Median age
44

Risk & Hazard

Flood class
Bushfire risk

Schools

12
Schools nearby
13
1073
Avg ICSEA
1087

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).