Suburb Profile Report for Marsfield NSW (2122)

Marsfield House: Median price $1,625,000, Annual capital growth 9.11%, Number of sales 42, Weekly median advertised rent $660

Marsfield Unit: Median price $770,000, Annual capital growth 6.51%, Number of sales 154, Weekly median advertised rent $520

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Marsfield is in the bottom 20% in NSW when comparing median price capital growth over the last year. Marsfield gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.66%.

When looking at the potential capital gains offered to property investors over the last 3 years, Marsfield comes in at number 234th in NSW.

Sellers are offering property buyers an average discount of -3.75% to buyers in Marsfield at the moment, which is less than average for the rest of NSW.

In the last year 42 properties changed hands in Marsfield, which puts it as the 754th most active market in NSW when comparing the number of sales per suburb.

Marsfield, 2122’s gross rental yield is 2.11%

Giving property investors a an average capital gain of 1.05% for the last year, Marsfield, 2122 is the 977th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Marsfield,2122 has racked up an average of 1.05% over the period. This ranks it number 294th in the whole country for real estate investors looking at median house price increases.

At number 333th of NSW’s most discounted properties, Marsfield is in the TOP 30% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 12.83 sales per month, which equates to 154 per year.

Marsfield, 2122’s gross rental yield is 3.51%

YIP MAG Information supplied by:

YIP MAG
October 2015

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In addition to being just 16km from the Sydney CBD, Marsfield is also surrounded by suburbs with strong commercial areas in their own right.Full summary

In addition to being just 16km from the Sydney CBD, Marsfield is also surrounded by suburbs with strong commercial areas in their own right.

This comprises Epping, North Ryde and Macquarie Park which provide a stack of employment options for its residents.

One of the most sought-after amenities nearby is Macquarie Centre which has recently undergone a $440m facelift.

Another development which the suburb has benefited from in recent years is the Macquarie University train station.

Strong demand is shown by the fact that units typically spend just 29 days on the market, according to CoreLogic RP Data. Its vacancy rate is also a healthy 1.79%.

There are also some two-bedroom units on Waterloo Rd which are being sold for less than $650,000.

Additionally, there are some prestigious units on Culloden Rd which are only a short stroll to Macquarie Centre, Macquarie University and the station.

Close
HOUSE UNIT
$1,625,000 $770,000
0.31% 0.98%
-1.66% 1.05%
9.11% 6.51%
$660 $520
42 154
2.11% 3.51%
69 70.35

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Marsfield NSW
Demographics
Total population 12347
Median household income ($/weekly) 1413
Median age of persons 34
Median housing loan repayment ($/monthly) 2300
Average household size 2.5
  • Census Count Percent(%)
    20-24 years 1787 14.5
    25-34 years 2328 18.9
    35-44 years 1615 13.1
    45-54 years 1393 11.3
    55-64 years 1273 10.3
    Others 3953 32.0
    Age Group
    Census Count Percent(%)
    Not Married 4962 50.0
    Registered Married 4350 43.9
    Defacto Relationship 608 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5234 44.7
    Croatia 2233 19.1
    India 557 4.8
    Lebanon 356 3.0
    Other 795 6.8
    Others 2538 21.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 727 6.4
    Christianity 6152 54.5
    Hinduism 280 2.5
    Islam 337 3.0
    No Religion 3641 32.3
    Others 141 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 354 8.3
    $1,250-$1,499 322 7.5
    $1,500-$1,999 567 13.3
    $2,000-$2,499 375 8.8
    $2,500-$2,999 505 11.8
    Others 2149 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4083 39.8
    Employed, worked full-time 3919 38.2
    Employed, worked part-time 1536 15.0
    Unemployed, looking for work 429 4.2
    Employed, away from work 281 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 708 12.3
    Professionals 1983 34.6
    Technicians & trades workers 541 9.4
    Clerical & administrative workers 1001 17.5
    Sales 488 8.5
    Others 1015 17.7
    Occupation
    Census Count Percent(%)
    Pre-school 149 4.3
    Infants/Primary 575 16.5
    Secondary 435 12.5
    Technical or Further Educational Institution 210 6.0
    University or other Tertiary Institutions 2007 57.6
    Others 108 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4744 41.0
    Semi-detached, row or terrace house, townhouse 4224 36.5
    Flat, unit or apartment 2606 22.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1638 36.0
    Fully owned 1442 31.7
    Being purchased 1361 29.9
    Other tenure type 110 2.4
    Tenure Type
Census 2011, ABS
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