Macleod (Vic.)

Detail

According to investigations of ABS updates for the region alongside fresh address data confirmed by Districts post-census, the population of the suburb of Macleod (Vic.) is projected to be approximately 10,655 as of May 2026. This represents a rise of 763 individuals (7.7%) relative to the 2021 Census, which counted 9,892 residents. This shift is derived from the estimated resident population of 10,651, calculated by Districts using the June 2025 ABS ERP publication, plus an extra 86 validated new addresses since the Census date. Such a population size results in a density of 2,346 persons per square kilometer, placing the suburb in the top quartile of domestic locations evaluated by Districts. The 7.7% post-census growth rate for the suburb of Macleod (Vic.) is within 1.6 percentage points of the state figure (9.3%), showing competitive local dynamics. Population expansion in the locality was mostly supported by overseas migration, which made up approximately 93.0% of the overall population increases during recent timeframes.

Detail

Macleod boasts a highly educated workforce, with professional services showing strong representation, an unemployment rate of just 1.7%, and 3.2% in estimated employment growth over the past year, based on Districts aggregation of statistical area data. As of March 2026, 6,096 residents are in work while the unemployment rate is 3.1% below Greater Melbourne's rate of 4.8%, and workforce participation is broadly similar to Greater Melbourne's 70.2%. Based on Census responses, a high 42.1% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Detail

According to Districts compilations of the most recent postcode level ATO statistics published for financial year 2023, the suburb of Macleod had a median taxpayer income of $62,692, with the average income recorded at $83,053. This places the locality among the top earners in Australia, compared to Melbourne-wide averages of $57,688 and $75,164. Adjusting for Wage Price Index growth of 9.62% since financial year 2023, current projections estimate these figures at approximately $68,723 (median) and $91,043 (average) as of March 2026. Census statistics from 2021 reveal that household, family, and individual incomes in Macleod sit around the 65th percentile on a national level. Regarding income brackets, 28.8% of the population (3,068 residents) earn within the $1,500 - range, which is comparable to the wider region where this segment comprises of the total. The suburb shows high affluence, with of taxpayers earning more than weekly, which helps sustain high-end retail and commercial services. After housing costs are met, of income is available for other expenses, and the SEIFA index for income ranks the neighborhood in the th decile.

Detail

Housing configuration in Macleod at the time of the latest Census consisted of 76.7% houses and 23.4% other dwelling types (such as duplexes, apartments, and alternative structures), compared to the Melbourne metropolitan split of 67.9% houses and 32.1% other dwellings. Furthermore, home ownership in Macleod was notably higher than the Melbourne metropolitan rate, recorded at 38.7%, with the remaining properties being purchased under a mortgage (37.7%) or occupied by tenants (23.6%). The median monthly mortgage payment in the area was significantly above the Melbourne metropolitan average at $2,296, while the median weekly rent was $396, compared to metropolitan averages of $2,000 and $390. On a national scale, mortgage payments in Macleod are notably higher than the Australian average of $1,863, and rents are higher than the national figure of $375.

Detail

Family households represent the bulk of the community at 69.6%, consisting of 34.5% couples with children, 24.7% couples without children, and 9.6% single parents. Non-family households account for the remaining 30.4%, with single-person households at 27.3% and shared houses at 3.0% of the total. The median size of households is 2.5 residents, which is slightly below the Greater Melbourne average of 2.6.

Detail

Academic credentials in Macleod are significantly higher than the broader statistics, with 43.1% of residents aged 15+ holding tertiary degrees, compared to 30.4% across Australia and 32.8% within the SA4 region. This high educational level positions local residents well for knowledge-intensive sectors. Bachelor degrees represent the largest share at 26.7%, followed by postgraduate qualifications (11.6%) and graduate diplomas (4.8%). Vocational and technical training is also well represented, with 25.3% of residents aged 15+ holding vocational qualifications, comprising advanced diplomas (11.1%) and certificates (14.2%).

Detail

Public transport networks include 40 active transit stops in Macleod, which consist of bus services. These locations are served by 5 distinct routes, which support a total of 2,575 weekly passenger journeys. Access to transport is classified as good, with residents living an average of 225 meters from the nearest stop. Due to the residential character of the neighborhood, the majority of workers travel outside the suburb, with private vehicles remaining the primary choice at 83%, followed by trains at 11%. Car ownership stands at an average of 1.3 vehicles per household. A high proportion of residents, 42.1%, worked from home (according to the 2021 Census, which may show the influence of COVID-19 settings).

Detail

Health indicators demonstrate favorable trends for local residents, with Districts evaluations of mortality and health issues revealing results that match national levels. The occurrence of standard medical conditions is quite low in the general population, although it is higher than the national average among older, vulnerable cohorts. The share of residents with private health insurance is exceptionally high, covering approximately 60% of the population (6,348 residents), compared to 56.7% across Greater Melbourne.

Detail

Macleod shows higher cultural diversity than most comparable markets, with 26.3% of the population born outside Australia and 23.0% speaking a non-English language at home. Christianity is the primary religion, followed by 48.9% of the population. The most prominent disproportionate representation is in Judaism, which accounts for 0.1% of the population, compared to 1.0% across Greater Melbourne.

Detail

The median age of residents in the suburb of Macleod (Vic.) is 41 years, which is notably higher than the Greater Melbourne median of 37 and older than the national median of 38. Compared to the Greater Melbourne average, the cohort aged 85+ is highly overrepresented (4.1% locally), while the 25 - 34 age group is underrepresented (12.3%). Since the 2021 Census, the proportion of residents aged 15 to 24 has increased from 10.7% to 14.2%. Meanwhile, the cohort aged 0 to 4 has decreased from 5.9% to 4.9%. Demographic forecasts suggest the age structure of the suburb of Macleod (Vic.) will change significantly by 2041, with the 45 to 54 cohort projected to grow the fastest, increasing by (adding residents to reach ).

Detail

Macleod currently has an estimated 522 children under 5 years old, comprising approximately 289 children aged 0-2 and 193 children aged 3-4. This cohort declined by an estimated 10% since the previous census. though population forecasts indicate future growth, with an anticipated increase of 19% by 2041 (to approximately 620 children). Meanwhile the 5-12 cohort currently amounts to 988. Birth rates in the area have averaged 9.0 per 1,000 residents over the latest two-year period, a moderate rate (within the middle tier nationally). This rate has slowed down slightly in recent years however.