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Mckenzie Hill suburb profile

McKenzie Hill is a quiet rural locality in central Victoria that feels made for country living, with scattered farms, acreage lifestyle blocks and pockets of native bush defining the local landscape. Housing ranges from older weatherboard farmhouses to newer rural residences, and properties commonly include paddocks for horses or small-scale cropping. The suburb suits people who want space and a slower pace, including farmers, hobby graziers and those after a tree change, while relying on a nearby regional town for shops, schools and services. Local roads connect residents to surrounding centres, and outdoor pursuits are part of everyday life.

Mckenzie Hill property market performance

There haven't been enough recent sales to publish a reliable median price for houses or units. The figures that are available show house values fell a solid 6.6% over the last 12 months.

Over the last 3 months there were 4 house sales, and houses sold in a median of 195 days over the last 12 months.

In Mckenzie Hill, house rents averaged $585 and rose a solid 7.3% over the last 12 months.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-6.6%N/A
Sold
Past 3 months
4N/A
Median days on market
Past 12 months
195N/A
Average rent
Past 12 months
$585N/A
Change in rent
Past 12 months
7.3%N/A

5 year median price trend for houses and units

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Suburbs near Mckenzie Hill

Some popular suburbs near Mckenzie Hill include:

How does Mckenzie Hill compare to nearby suburbs?

  • Median house prices: Mckenzie Hill’s median house price is 0.8% higher than Campbells Creek’s.
  • House price growth: Over the past 12 months, house prices in Mckenzie Hill have grown 12.0% higher than in Chewton.
  • Selling speed for houses: Properties in nearby Castlemaine are selling 54.4% faster than in Mckenzie Hill.

Choose the right real estate agents in Mckenzie Hill

Choosing the right real estate agent in Mckenzie Hill can have a big impact on your sale. While there are 12 real estate agents working in the suburb, but just 5 of them were responsible for 71.4% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 3.13%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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