Suburb Profile Report for Macquarie Fields NSW (2564)

Macquarie Fields House: Median price $570,000, Annual capital growth 8.28%, Number of sales 112, Weekly median advertised rent $420

Macquarie Fields Unit: Median price $420,500, Annual capital growth 7.64%, Number of sales 75, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Macquarie Fields has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.02% to date .

While Macquarie Fields,2564 ranked number 1112th in NSW for increase in median house value (annualised) increase, it is ranked 91th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Macquarie Fields, 2564. Typically our figures indicate that -6.67% is being offered, which puts this NSW suburb at 1455th most discounted overall in Australia.

Often selling an investment property can take time, and in Macquarie Fields the average time real estate has been on the market is 73.47 days.

With the median price for a house in Macquarie Fields being $570000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.83%

At number 1015th in the list of Australian suburbs ordered by increase in median house value over the last year, Macquarie Fields, 2564 is in the BOTTOM 50% with a property value increase of 0.84% recorded in median house prices.

Over the longer term, Macquarie Fields has seen property prices show investors a 52.63% return over the last 3 years. This is worse than over the last 12 months

Macquarie Fields2564 is located in NSW which offers an average discount of -4.45% to property investors. Macquarie Fields itself is showing figures that indicate -5.73% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Macquarie Fields have been waiting around 71.21 days to sell a property.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

HOUSE UNIT
$570,000 $420,500
-1.30% 0.12%
-1.02% 0.84%
8.28% 7.64%
$420 $360
112 75
3.83% 4.45%
73.47 71.21

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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