Your suburb, scored · Data as of Oct 2026

Cherokee, VIC

Postcode 3434 · Macedon Ranges council area · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 77 / 100 — ranked #3,537 of 15,286 suburbs this month

Market conditions here are running warmer than most

Most of the demand and supply indicators we track are sitting above the national midpoint this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$965,000

Down 51.1% over the past 12 months of settled sales.

Median weekly rent$450/wk

That's a gross yield of 3.9% at the current median price.

Vacancy rate33.3%

Above the 1.5% line where the rental market starts to loosen.

Is Cherokee a buy right now? Get our verdict + the 5 best streets

Our read on Cherokee, the Top 5 streets to target, and the score, price, rent and market-speed trends behind it. Instant, free, and a copy lands in your inbox.

  • Our read: is Cherokee a buy right now?
  • The Top 5 streets in Cherokee to target
  • 18-month R-Score trend + what's driving it
  • 3-year price, rent & days-on-market charts
  • Unlocks every Street Score report in Cherokee

Free. No spam. The snapshot above stays free either way.

Best Streets in Cherokee, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Cherokee's streets below.

Other High-Scoring Suburbs in Macedon Ranges (VIC)

IndicatorCherokee ReadingContext & Benchmark
Ripehouse R-Score77 / 100Ranked #3,537 of 15,286 Australian suburbs (Oct 2026)
Median House Price$965,000-51.1% over the past 12 months of settled sales
Median Weekly Asking Rent$450/wkImplies a 3.9% gross rental yield at the current median price
Rental Vacancy Rate33.3%Above the 1.5% tight-supply threshold
Median Days on Market720 daysPart of Macedon Ranges (VIC) council area (LGA avg R-Score 78/100)

Buyer's Agent & Quantitative Due Diligence

Considering buying an investment property in Cherokee, VIC?

Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.

Book a Free Investor Decision Review ↗

Cherokee VIC FAQs

Frequently Asked Questions: Investing in Cherokee, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Cherokee.

Is Cherokee VIC a good suburb for property investment in 2026?

As of Oct 2026, Cherokee (VIC 3434) scores 77/100 on the Ripehouse R-Score, ranking #3,537 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $965,000, median rent of $450/wk, gross yield of 3.9%, and vacancy of 33.3%.

What is the median house price and 12-month growth in Cherokee VIC?

The current median property price in Cherokee (VIC) is $965,000 (Oct 2026), representing a -51.1% change over the past 12 months. Properties in Cherokee currently spend a median of 720 days on market.

What is the rental yield and vacancy rate in Cherokee VIC?

In Cherokee (VIC), the median weekly asking rent is $450/wk, producing a gross rental yield of 3.9%. The suburb vacancy rate is 33.3% as of Oct 2026.

What are the best streets in Cherokee VIC?

Ripehouse Advisory scores every G-NAF street in Cherokee against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Cherokee Street Score tool on this page to compare individual streets.

Which council area (LGA) is Cherokee VIC located in?

Cherokee (VIC, postcode 3434) is located in the Macedon Ranges council area (LGA). Across Macedon Ranges, the council-wide average R-Score is 78/100 across 42 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.