Suburb Profile Report for Macquarie Fields NSW (2564)

Macquarie Fields House: Median price $618,000, Annual capital growth 8.91%, Number of sales 119, Weekly median advertised rent $410

Macquarie Fields Unit: Median price $438,500, Annual capital growth 8.37%, Number of sales 77, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Macquarie Fields 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 7.31%

A 96.50% growth in median value for property investors in Macquarie Fields,2564 puts this suburb at number 279th in terms of best performing suburbs in NSW

Macquarie Fields, 2564 is offering NSW ‘s 630th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

On average over the past year, suburb has had 9.92 sales per month, which equates to 119 per year.

Macquarie Fields, 2564’s gross rental yield is 3.45%

Property investors who have had real estate in Macquarie Fields, 2564 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.18%

Taking the average capital gain, or increase in median house value, Macquarie Fields,2564 has racked up an average of 3.18% over the period. This ranks it number 133th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Macquarie Fields are currently offering property investors an average price cut of -5.37% below the asking price at the moment.

At number 447 in a list of fastest selling suburbs, Macquarie Fields is in the TOP 40% of suburbs in Australia with an average of days on market 61.4 for properties listed there.

With the median price for a house in Macquarie Fields being $438500 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.27%

Metrics i HOUSE UNIT
$618,000 $438,500
6.37% 3.54%
7.31% 3.18%
8.91% 8.37%
$410 $360
119 77
3.45% 4.27%
65.16 61.4

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 13170
Median household income ($/weekly) 989
Median age of persons 33
Median housing loan repayment ($/monthly) 1690
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2065 15.7
    25-34 years 1719 13.1
    35-44 years 1787 13.6
    45-54 years 1781 13.5
    55-64 years 1545 11.7
    Others 4273 32.4
    Age Group
    Census Count Percent(%)
    Not Married 4696 49.0
    Registered Married 4318 45.1
    Defacto Relationship 563 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 7821 62.9
    Former Yugoslav Republic of Macedonia 397 3.2
    Indonesia 379 3.0
    Papua New Guinea 463 3.7
    Other 1470 11.8
    Others 1912 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 423 3.5
    Christianity 8203 67.1
    Hinduism 769 6.3
    Islam 1185 9.7
    No Religion 1551 12.7
    Others 93 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 483 12.4
    $600-$799 429 11.0
    $800-$999 403 10.3
    $1,000-$1,249 424 10.9
    $1,500-$1,999 511 13.1
    Others 1652 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4026 41.9
    Employed, worked full-time 3352 34.9
    Employed, worked part-time 1360 14.2
    Unemployed, looking for work 553 5.8
    Employed, away from work 317 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 626 12.4
    Technicians & trades workers 672 13.4
    Clerical & administrative workers 890 17.7
    Machinery operators & drivers 720 14.3
    Labourers 675 13.4
    Others 1449 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 223 6.7
    Infants/Primary 1182 35.6
    Secondary 1030 31.0
    Technical or Further Educational Institution 417 12.6
    University or other Tertiary Institutions 401 12.1
    Others 67 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10073 79.0
    Semi-detached, row or terrace house, townhouse 2462 19.3
    Flat, unit or apartment 212 1.7
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1759 41.4
    Being purchased 1564 36.8
    Fully owned 899 21.2
    Other tenure type 24 0.6
    Tenure Type
Census 2011, ABS
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