Suburb Profile Report for Marrickville NSW (2204)

Marrickville House: Median price $1,300,000, Annual capital growth 9.55%, Number of sales 197, Weekly median advertised rent $720

Marrickville Unit: Median price $660,000, Annual capital growth 7.77%, Number of sales 243, Weekly median advertised rent $480

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Marrickville has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.56%

Taking the average capital gain, or increase in median house value, Marrickville,2204 has racked up an average of 6.56% over the period. This ranks it number 320th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Marrickville itself are offering an average vendor discount of -3.16% to real estate investors.

On average over the past year, suburb has had 16.42 sales per month, which equates to 197 per year.

The NSW suburb of Marrickville, 2204 is in the Marrickville local government area.

Investment property in Marrickville 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 3.13%

While Marrickville,2204 ranked number 221th in NSW for increase in median house value (annualised) increase, it is ranked 276th over the last 5 years.

Sellers are offering property buyers an average discount of -4.02% to buyers in Marrickville at the moment, which is less than average for the rest of NSW.

The NSW suburb of Marrickville, 2204 is in the Marrickville local government area.

HOUSE UNIT
$1,300,000 $660,000
4.00% 2.13%
6.56% 3.13%
9.55% 7.77%
$720 $480
197 243
2.88% 3.78%
60.26 51.7

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
Find a mortgage broker in Marrickville NSW
Demographics
Total population 24612
Median household income ($/weekly) 1406
Median age of persons 37
Median housing loan repayment ($/monthly) 2324
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 2101 8.5
    25-34 years 4754 19.3
    35-44 years 4462 18.1
    45-54 years 3287 13.4
    55-64 years 2420 9.8
    Others 7588 30.8
    Age Group
    Census Count Percent(%)
    Not Married 9034 48.7
    Registered Married 7101 38.3
    Defacto Relationship 2417 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 12994 56.5
    Hong Kong 1260 5.5
    United Kingdom 850 3.7
    Viet Nam 1539 6.7
    Other 2340 10.2
    Others 4029 17.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 1969 8.8
    Christianity 11628 52.1
    Hinduism 580 2.6
    Islam 1161 5.2
    No Religion 6710 30.1
    Others 279 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 735 8.9
    $1,000-$1,249 676 8.1
    $1,500-$1,999 1100 13.2
    $2,000-$2,499 808 9.7
    $2,500-$2,999 798 9.6
    Others 4187 50.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 8069 41.4
    Not in the labour force 6443 33.1
    Employed, worked part-time 3401 17.5
    Unemployed, looking for work 822 4.2
    Employed, away from work 732 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1524 12.5
    Professionals 3746 30.7
    Technicians & trades workers 1435 11.8
    Community & personal service workers 1092 9.0
    Clerical & administrative workers 1750 14.3
    Others 2652 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 355 6.7
    Infants/Primary 1344 25.6
    Secondary 970 18.4
    Technical or Further Educational Institution 712 13.5
    University or other Tertiary Institutions 1646 31.3
    Others 233 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10688 47.4
    Flat, unit or apartment 7071 31.4
    Semi-detached, row or terrace house, townhouse 4507 20.0
    House or flat attached to a shop, office 271 1.2
    Improvised home, tent, sleepers out 7 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3855 43.2
    Being purchased 2665 29.9
    Fully owned 2352 26.4
    Other tenure type 43 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals