OA Logo Green
search icon

Get a property report and suburb profile for any property in Macquarie

Join the 2.6 million Australians* who use our services every year.

Geo Page

Macquarie suburb profile

Macquarie is a mature, primarily residential suburb in Canberra’s Belconnen district, known for tree-lined streets and established gardens. Housing is mostly single-level brick homes with some townhouses and units tucked into quiet crescents, which attracts families, professionals and retirees seeking a settled neighbourhood. The area is anchored by small local shops, reserves and playgrounds, with the wider amenities of the Belconnen town centre close by. Regular bus services and nearby arterial roads make getting around straightforward, and residents benefit from easy access to suburban parks and the city’s lakefront and cultural precincts for recreation.

Macquarie property market performance

Current median dwelling price$745,250Past 3 months

Property growth+24.6%Past 12 months

House prices in Macquarie sit at a median of $890,500, with house values declining a modest 3.7% over the last 12 months. The suburb has relatively few recent unit sales, so there isn't enough data to publish a reliable median unit price. The available figures show unit values rose sharply, up 52.9% over the last 12 months.

Over the past 3 months, 10 houses and 5 units sold. Houses sold in a median of 59 days and units in a median of 53 days, which is a similar time.

The rental market in Macquarie saw house rents average $660 a week over the last 12 months. Unit rents averaged $500 a week and fell sharply, down 10.7% over the last 12 months.

HousesUnits
Median price
Past 3 months
$891KN/A
Change in value
Past 12 months
-3.7%52.9%
Sold
Past 3 months
105
Median days on market
Past 12 months
5953
Average rent
Past 12 months
$660$500
Change in rent
Past 12 months
N/A-10.7%

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Macquarie demographics

Macquarie is a community of 3,104 people with a median age of 37 and a typical household income of $1,947 a week, roughly $101,200 a year.

Among reported families, couple families are dominant: 42.9% are couples without children and 38.2% are couples with children, together making up 81.1% of families. One-parent families account for 17.0% and other families 1.9%.

Homes in Macquarie are more often owner-occupied than rented. Owner-occupation totals 62.0% when owned outright (32.7%) and owned with a mortgage (29.3%) are combined, while 38.0% of dwellings are rented.

Suburbs near Macquarie

Some popular suburbs near Macquarie include:

  • Weetangera: Leafy, established suburb in the Belconnen district, known for mature streets and parks.
  • Page: Compact residential area in Belconnen with green corridors and quiet streets.
  • Cook: Quiet suburb with tree-lined streets and convenient access to reserves.
  • Belconnen: Major commercial and civic centre for the district, offering retail and services.
  • Hawker: Mature, residential suburb featuring open parkland and a calm neighbourhood feel.

How does Macquarie compare to nearby suburbs?

  • Median house prices: Macquarie’s median house price is 39.1% higher than Belconnen’s.
  • Median unit prices: Macquarie’s median unit price is 30.4% higher than Belconnen’s.
  • House price growth: Over the past 12 months, house prices in Macquarie have grown 11.8% higher than in Hawker.
  • Unit price growth: Over the past 12 months, unit prices in Macquarie have grown 52.5% higher than in Belconnen.
  • Selling speed for houses: Properties in Macquarie are selling 4.8% faster than in Weetangera.
  • Selling speed for units: Properties in Macquarie are selling 13.1% faster than in Belconnen.
  • Investment considerations: In Macquarie, the rental yield for house is 8.1% lower than the Canberra average, while the rental yield for units is 12.9% lower.
  • House price growth: Over the past 12 months, house prices in Macquarie have grown 10.2% lower than the average rate of growth across Canberra.
  • Unit price growth:Over the past 12 months, unit prices in Macquarie have grown 5.1% higher than the average rate of growth for units across Canberra.

Choose the right real estate agents in Macquarie

There are 52 real estate agents in Macquarie, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 30.6% of all sales in the past year.

Commission rates in Macquarie typically range from 2.06% to 2.55%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

Geo Page

Get a head start and compare top local agents in Macquarie

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
Get a free property reporticon right chevron
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
Get a comparative estimateicon right chevron
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.
Understand your local marketicon right chevron