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%
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.