Majorca Suburb Profile

Victoria 3465

Majorca has 195 properties. Over the last 5 years, Houses in Majorca have seen a 73.24% increase in median value. As at 30 November 2024:

• The median value for Houses in Majorca is $512,569 while the median value for Units is $285,756.

The size of Majorca is approximately 68.1 square kilometres. It has 2 parks covering nearly 8.2% of total area. The population of Majorca in 2011 was 483 people. By 2016 the population was 205 showing a population decline of 57.6% in the area during that time. The predominant age group in Majorca is 50-59 years. Households in Majorca are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Majorca work in a managers occupation. In 2011, 83.9% of the homes in Majorca were owner-occupied compared with 86.6% in 2016..