Investment property in Marsfield has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.48%
Across a shorter period, Marsfield, 2122 has seen a median price increase of 1.54% over the last quarter.
Vendor discounting in Marsfield is giving property investors an average Vendor Discount of around -3.41%. This puts suburb at number 1069th in NSW when ranking the most discounted suburbs.
Marsfield is 1120th on a list of best yielding suburbs for rents in NSW with a 2.12% return
With a capital gain of 0.99% for the last 12 months, Marsfield, 2122 has performed for property investments than its average annual 6.56% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Marsfield has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Marsfield should be aiming for at least -3.26% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Marsfield, 2122 is in the Ryde local government area.
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
Information supplied by:
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.