Suburb Profile Report for Marsfield NSW (2122)

Marsfield House: Median price $1,641,500, Annual capital growth 9.30%, Number of sales 48, Weekly median advertised rent $695

Marsfield Unit: Median price $780,000, Annual capital growth 6.74%, Number of sales 151, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 3043th in the list of Australian suburbs ordered by increase in median house value over the last year, Marsfield, 2122 is in the BOTTOM 30% with a property value increase of -0.52% 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 1.33%. This puts Suburb as 908 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for Marsfield is $1641500, with sellers offering an average of -3.75% off the asking price.

At number 1912 in a list of fastest selling suburbs, Marsfield is just in the bottom half of suburbs in Australia with an average of days on market 80.92 for properties listed there.

Marsfield is in the bottom 40% in NSW when comparing median price capital growth over the last year. Marsfield gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.65%.

Marsfield,2122 was ranked 706 in Australia by increase in median property value over the quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Marsfield itself are offering an average vendor discount of -3.41% to real estate investors.

On average over the past year, suburb has had 12.58 sales per month, which equates to 151 per year.

The NSW suburb of Marsfield, 2122 is in the Ryde local government area.

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
Metrics i HOUSE UNIT
$1,641,500 $780,000
1.33% 1.23%
-0.52% 0.65%
9.30% 6.74%
$695 $520
48 151
2.20% 3.47%
80.92 64.82

Source: CoreLogic

DSR Score for property investment : Very 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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