Macleod Property Market
& Suburb Profile

The suburb is celebrated for its vast green space, with nearly 18% of its area dedicated to parks and reserves, including the expansive Gresswell Forest and the nearby trails along the Plenty River, ensuring ample opportunities for nature lovers and outdoor recreation, particularly within the exclusive Springthorpe Estate which boasts its own country club and recreational facilities.

The Macleod Village precinct, centred near the train station, provides a compact and well-serviced local hub, featuring an IGA, cafes, pharmacies, and specialty stores that cater perfectly to day-to-day needs, fostering a strong, neighbourly atmosphere. Connectivity is a key strength, with the Macleod Railway Station on the Hurstbridge Line offering a direct and efficient train service into the city, making the suburb highly appealing for commuters, while the area is also well-connected by bus routes and major roads, providing swift vehicular access.

The housing stock is primarily made up of traditional, spacious detached houses on generous blocks, alongside an increasing number of modern, low-maintenance townhouses and units, particularly attractive to downsizers and first-home buyers looking to enter the desirable City of Banyule area.

For investors, the suburb's stable rental market is driven by consistent demand from families drawn to the Macleod College P-12 school and professionals working at the nearby La Trobe University and Austin Hospital medical precinct, with unit rental yields generally proving robust.