	{"id":80777,"date":"2022-01-30T09:05:43","date_gmt":"2022-01-29T22:05:43","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bendigotimes\/?p=80777"},"modified":"2022-02-27T11:21:31","modified_gmt":"2022-02-27T00:21:31","slug":"town-by-town-snapshot-maldon-2","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bendigotimes\/real-estate\/town-by-town-snapshot-maldon-2\/","title":{"rendered":"Town by town snapshot &#8211; Maldon"},"content":{"rendered":"<p>Maldon is approximately 45 square kilometres and has many parks covering nearly 16 per cent of total area.<\/p>\n<p>The population in 2011 was 1432 people and by the 2016 Census it was 1517 showing growth of 5.9 per cent in the area during that time.<\/p>\n<p>Maldon is a rural town 120 kilometres north-west of Melbourne and 25 kilometres beyond Castlemaine.<\/p>\n<p>A former gold town, situated away from major arterial roads and railways.<\/p>\n<p>It was declared Australia\u2019s first notable town in 1966 by the National Trust, and an interim development order was placed on Maldon in 1970 to prevent the demolition of buildings.<\/p>\n<p>Maldon is situated on the former Cairn Curran pastoral run, established in 1840, which was owned by the Simson family who also had the Tarrangower run immediately to the south.<\/p>\n<p>Mount Tarrangower overlooks Maldon from the west, and it was near the foot of the mountain that gold was found by a Polish prospector, John Mechosk, in December 1853.<\/p>\n<figure id=\"attachment_80778\" aria-describedby=\"caption-attachment-80778\" style=\"width: 270px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-80778\" src=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/wp-content\/uploads\/2022\/01\/49-High-Street-Maldon-2-270x300.jpg\" alt=\"\" width=\"270\" height=\"300\" srcset=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/24\/2022\/01\/49-High-Street-Maldon-2-270x300.jpg 270w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/24\/2022\/01\/49-High-Street-Maldon-2.jpg 456w\" sizes=\"auto, (max-width: 270px) 100vw, 270px\" \/><figcaption id=\"caption-attachment-80778\" class=\"wp-caption-text\">This former Freemasons Hall in High Street Maldon sold recently for $620,000.<\/figcaption><\/figure>\n<p>A rush occurred in 1854 and a township was surveyed and it is thought that the name Maldon was proposed by a member of the survey party, perhaps inspired by the hilly country resembling Maldon in Essex, England.<\/p>\n<p>A municipality was created in 1858, in turn becoming a district in 1863 and a shire on 12 January 1864.<\/p>\n<p>A brewery and several hotels were built in 1854 and a Wesleyan church was opened in 1855.<\/p>\n<p>A particularly rich gold field was found in 1855 in the hills north of Maldon.<\/p>\n<p>Named Nuggetty, it was a source of easily won wealth, and the Mines Department calculated that over 300,000 ounces of gold were taken.<\/p>\n<p>Another notable area, immediately east of Maldon\u2019s commercial centre, was the Beehive Company.<\/p>\n<p>In 1865 Bailliere\u2019s Victorian gazetteer recorded Maldon as having the <em>Tarrangower Times<\/em> newspaper, numerous hotels and banks, two schools, a hospital and an athenaeum.<\/p>\n<p>Profitable mining continued until the turn of the century, but the years of peak population were the 1870s.<\/p>\n<p>CoreLogic data indicates that the predominant age group in Maldon is 60-69 years with households being primarily childless couples and are likely to be repaying $1000 &#8211; $1399 per month on mortgages. In general, people in Maldon work in a professional occupation.<\/p>\n<p>In 2011, 80.4 per cent of the homes in Maldon were owner-occupied compared with 80.9 per cent in 2016.<\/p>\n<p>&nbsp;<\/p>\n<p>TIDBIT:<\/p>\n<p>Maldon was declared Australia\u2019s first notable town in 1966 by the National Trust.<\/p>\n<p>&nbsp;<\/p>\n<p>Population: 1517<\/p>\n<p>Male: 48.3%<\/p>\n<p>Female: 51.7%<\/p>\n<p>Median age: 58<\/p>\n<p>5-year population change: 5.9%<\/p>\n<p>House median value: $677,000<\/p>\n<p>Change in Median Price: (5yrs) is 69.8%<\/p>\n<p>Median asking rent per week: $480<\/p>\n<p>Average length of ownership: 7 years<\/p>\n<p>Owner occupiers:84%<\/p>\n<p>Renters: 16%<\/p>\n<p>&nbsp;<\/p>\n<p>House median sale price:<\/p>\n<p>October 2021: $620,000<\/p>\n<p>October 2020: $502,000<\/p>\n<p>October 2019: $510,000<\/p>\n<p>October 2018: $420,000<\/p>\n<p>October 2017: $407,500<\/p>\n<p>&nbsp;<\/p>\n<p>House sales per annum:<\/p>\n<p>Period ending October 2021: 63<\/p>\n<p>Period ending October 2020: 51<\/p>\n<p>&nbsp;<\/p>\n<p>Land median sale price:<\/p>\n<p>October 2021: $245,500<\/p>\n<p>October 2020: $267,000<\/p>\n<p>&nbsp;<\/p>\n<p>Land sales per annum:<\/p>\n<p>Period ending October 2021: 9<\/p>\n<p>Period ending October 2020: 12<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maldon is approximately 45 square kilometres and has many parks covering nearly 16 per cent of total area. The population in 2011 was 1432 people and by the 2016 Census it was 1517 showing growth of 5.9 per cent in the area during that time. Maldon is a rural town 120 kilometres north-west of Melbourne [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/real-estate\/town-by-town-snapshot-maldon-2\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":199,"featured_media":80779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[29],"tags":[],"post_folder":[],"class_list":["post-80777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Town by town snapshot - Maldon - Bendigo Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/real-estate\/town-by-town-snapshot-maldon-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Town by town snapshot - Maldon - Bendigo Times\" \/>\n<meta property=\"og:description\" content=\"Maldon is approximately 45 square kilometres and has many parks covering nearly 16 per cent of total area. The population in 2011 was 1432 people and by the 2016 Census it was 1517 showing growth of 5.9 per cent in the area during that time. Maldon is a rural town 120 kilometres north-west of Melbourne [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/real-estate\/town-by-town-snapshot-maldon-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Bendigo Times\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-29T22:05:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-27T00:21:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/24\/2022\/01\/Maldon_streetscape.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"The Bendigo Times\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Bendigo Times\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bendigotimes\\\/real-estate\\\/town-by-town-snapshot-maldon-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bendigotimes\\\/real-estate\\\/town-by-town-snapshot-maldon-2\\\/\"},\"author\":{\"name\":\"The Bendigo Times\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bendigotimes\\\/#\\\/schema\\\/person\\\/fb4e03b0bee8fbd92d25484b3ddc98f2\"},\"headline\":\"Town by town snapshot &#8211; 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Holding a bachelor's degree in science from Seattle University, he has leveraged his seven years of experience in the online entertainment industry to write extensively on the subjects of sports, online gambling, and bonuses. 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