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

Maddingley sits on the semi-rural fringe of Bacchus Marsh, where paddocks and orchards sit alongside pockets of suburban housing. It has a relaxed country character, with housing that ranges from rural holdings and acreage to conventional suburban lots, and local recreation following the Werribee River valley and surrounding countryside. Shops, schools and services in Bacchus Marsh are within easy reach, and good regional road and rail connections make commuting and weekend trips straightforward, so it often suits families, tradespeople and anyone after a quieter rural edge to town life.

About 5,491 people live in Maddingley and the median age is 33. The suburb is weighted towards families and is mostly owner-occupied, with roughly three quarters of homes owned and about a quarter rented. Several council and state-led projects are under way or planned, including upgrades at the racecourse and a community and multi-sports hub with an off-leash dog area, plus active transport improvements and a train stabling facility delivered as part of the regional rail works. Whether Maddingley suits you depends on the mix of space, access and community you want.

Buying a house in Maddingley works out to about 6.7 times a typical local household's annual income at the last Census, which places purchasing well above local incomes on these figures.

Average house rent of $528 a week would take roughly 27.5% of that typical household's weekly income at the last Census, a moderate share, so on these figures renting looks more manageable than buying. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months in Maddingley, house values rose 4.1% while house rents climbed 5.6%. The value change is a modest gain and the rent increase is a solid rise, so rental income on houses has edged ahead of capital growth over the year.

If rental income is your priority, the stronger rent movement is the figure that matters; if capital growth is your focus, the 4.1% change in house value is the relevant number. Whether that balance suits your investment goals and circumstances is for you to judge.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.