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Maddingley suburb profile

Maddingley is a picturesque suburb located in the Bacchus Marsh region of Victoria, offering a blend of rural charm and modern conveniences. Known for its scenic landscapes and proximity to the Werribee River, Maddingley provides a tranquil lifestyle while being just a short drive from Melbourne. The suburb features a mix of established homes and new developments, catering to families and professionals seeking a peaceful environment. With access to quality schools, parks, and local amenities, Maddingley is an appealing choice for those looking to enjoy a relaxed yet connected lifestyle in a growing community.

Maddingley property market performance

Maddingley's property market has shown positive growth over the past 12 months, with house values increasing by 5.3%. The current median house price stands at $645,000, reflecting steady demand in the area. However, the unit market remains inactive, with no change in median unit value and minimal sales activity.

In terms of sales, 31 houses have been sold in the past 12 months, with a median time on market of 33 days, indicating a relatively brisk pace for house sales. The unit market, however, has seen only 2 sales, highlighting a lack of activity in this segment.

The rental market for houses in Maddingley has experienced a 6.7% increase over the last 12 months, with the average rent reaching $523. The unit rental market remains inactive, with no recorded changes in rent prices.

HousesUnits
Median price
Past 3 months
$665KN/A
Change in value
Past 12 months
4.8%N/A
Sold
Past 3 months
373
Median days on market
Past 12 months
31N/A
Average rent
Past 12 months
$520N/A
Change in rent
Past 12 months
4.4%N/A

5 year median price trend for houses and units

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Maddingley demographics

Maddingley, located in Victoria, is a suburb that offers a blend of suburban tranquility and family-friendly living. With a population of 5,491 and a median age of 33, it is a community that attracts young families and professionals seeking a balanced lifestyle. The suburb's proximity to Bacchus Marsh and its easy access to Melbourne make it an appealing choice for those who want to enjoy a quieter environment while still being connected to urban amenities.

The demographic profile of Maddingley is characterized by a significant proportion of couple families with children, accounting for 48.3% of the population. This highlights the suburb's appeal to families looking for a supportive community with ample space for children to grow. Additionally, 34.2% of households are couple families without children, indicating a diverse mix of residents, including young couples and empty nesters.

In terms of housing, Maddingley offers a variety of options, with 56.2% of properties owned with a mortgage, reflecting a strong presence of new homeowners and growing families. Meanwhile, 19.3% of properties are owned outright, and 24.5% are rented, providing flexibility for those who prefer renting. The suburb's housing market is attractive to both investors and residents, with its combination of affordability and potential for growth.

Overall, Maddingley is a suburb that combines the charm of a close-knit community with the convenience of modern living. Its family-oriented environment, coupled with its strategic location, makes it an ideal place for those looking to settle down and enjoy a high quality of life.

Maddingley infrastructure, key developments and investment opportunities

Maddingley is benefiting from its proximity to the growing Bacchus Marsh employment and services hub, with ongoing residential subdivision and new housing estates continuing to add to local supply and modern housing options. Upgrades and expansions around local schools and childcare facilities, alongside established education options in nearby Bacchus Marsh, are reinforcing the area’s appeal to families and helping underpin steady demand for detached homes.

Improved access to the Western Freeway and rail links from nearby Bacchus Marsh station support commuting to larger employment centres, which enhances Maddingley’s attractiveness for buyers seeking value within commuting distance of Melbourne. Incremental improvements to local parks, sporting facilities and community amenities are also supporting livability, though there are currently no single, large-scale infrastructure projects reported that would significantly alter the suburb’s property market trajectory in the short term.

Maddingley rental market trends

The rental market in Maddingley has experienced moderate growth, with house rents increasing by 6.7% over the past year to $523 per week. However, there has been no change in unit rents, remaining at $0 per week. As a developing suburb, Maddingley presents opportunities for investors focusing on the housing market, with potential for future growth as infrastructure and amenities expand.

Suburbs near Maddingley

Some popular suburbs near Maddingley include:

How does Maddingley compare to nearby suburbs?

  • Median house prices: Maddingley’s median house price is 0.4% higher than Bacchus Marsh’s.
  • House price growth: Over the past 12 months, house prices in Maddingley have grown 1.6% higher than in Darley.
  • Selling speed for houses: Properties in Maddingley are selling 3.1% faster than in Darley.
  • House price growth: Over the past 12 months, house prices in Maddingley have grown 36.7% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Maddingley have grown 22.5% lower than the average rate of growth for units across Melbourne.

Common questions about Maddingley

  • Is Maddingley a nice place to live?

    Maddingley is a delightful suburb that offers a peaceful and family-friendly environment, making it a wonderful place to live. Nestled in the Bacchus Marsh region, it boasts a charming blend of rural tranquility and modern conveniences. The suburb is known for its scenic landscapes and the serene presence of the Werribee River, providing residents with a picturesque backdrop for daily life. Maddingley is perfect for families, offering access to quality schools, parks, and local amenities that cater to the needs of both young and growing families.

    The vibe in Maddingley is relaxed and welcoming, with a strong sense of community that makes it appealing for families and professionals alike. The suburb's proximity to Bacchus Marsh and its convenient access to Melbourne means that residents can enjoy a quieter lifestyle without sacrificing the benefits of urban amenities. Safety is generally not a major concern, contributing to the suburb's appeal as a secure place to raise a family.

    While Maddingley offers a fantastic lifestyle, there are a few trade-offs to consider. The suburb is still developing, and while it benefits from ongoing improvements to local parks and community amenities, it lacks large-scale infrastructure projects that might significantly alter its property market in the short term. Additionally, while the suburb provides a peaceful environment, those seeking vibrant nightlife or extensive shopping options might need to travel to nearby areas.

    Overall, Maddingley is a charming suburb that provides a high quality of life for families and individuals seeking a balance between tranquility and connectivity. Its strategic location, combined with a supportive community and access to essential amenities, makes it an ideal choice for those looking to settle down in a growing and welcoming environment.

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  • Is it expensive to live in Maddingley?

    Living in Maddingley is relatively affordable compared to many other suburbs in Victoria. The median house price is currently $645,000, which is quite reasonable when compared to the higher prices found in Melbourne's inner suburbs. However, it's important to note that there are no units available in Maddingley, which limits options for those looking for smaller or more affordable housing.

    When it comes to renting, the average rent for houses is $523 per week. This is manageable for many, especially considering the median total household income in Maddingley is $1,923 per week. The average wage in Maddingley is around $85,000 per year, which aligns closely with the average wage across Victoria. This means that the cost of living in Maddingley, particularly in terms of housing, is quite balanced with the local income levels.

    Overall, Maddingley offers a more affordable living option compared to many other parts of Victoria, making it a suitable choice for those who are looking to balance cost with lifestyle. If you're thinking of living in Maddingley, it offers a good mix of affordability and a comfortable lifestyle, especially for families or individuals who prefer a suburban setting.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Maddingley a good place to invest?

    Maddingley presents a promising opportunity for property investors, particularly those interested in the housing market. Over the past year, the suburb has experienced a 5.3% increase in median house values, indicating a steady appreciation in property prices. This growth, coupled with a 6.7% rise in rent for houses, suggests a healthy demand for rental properties, making it an attractive option for investors seeking reliable rental income.

    While the unit market in Maddingley has remained stable with no change in median values or rent, this stability can be appealing for investors looking for low-risk opportunities. The lack of fluctuation in unit prices and rents might indicate a balanced market, where supply meets demand without significant volatility.

    Overall, Maddingley's consistent growth in house values and rental income, along with its stable unit market, make it a solid choice for investors. The suburb's potential for long-term capital appreciation and steady rental returns provide a compelling case for those looking to invest in a growing and reliable market.

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Choose the right real estate agents in Maddingley

Currently, there are 59 real estate agents working in Maddingley—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 59 agents sold 34.3% of all properties in Maddingley over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Maddingley typically charge a commission of 1.75% to 2.88%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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