At number 2537th in the list of Australian suburbs ordered by increase in median house value over the last year, Marsfield, 2122 is in the BOTTOM 40% with a property value increase of 3.37% recorded in median house prices.
If we look at median property appreciation over just the last three months, Marsfield has given property investors a paper return of 2.65%. This puts Suburb as 683 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Marsfield are currently offering property investors an average price cut of -8.00% below the asking price at the moment.
Giving property investors a an average capital gain of 1.48% for the last year, Marsfield, 2122 is the 1022th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Marsfield comes in at number 311th in NSW.
Sellers are offering property buyers an average discount of -3.46% to buyers in Marsfield at the moment, which is less than average for the rest of NSW.
Marsfield is 458th on a list of best yielding suburbs for rents in NSW with a 3.42% return
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
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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.Close
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.