Suburb Profile Report for Macquarie Fields NSW (2564)

Macquarie Fields House: Median price $583,500, Annual capital growth 8.43%, Number of sales 117, Weekly median advertised rent $410

Macquarie Fields Unit: Median price $425,000, Annual capital growth 7.91%, Number of sales 74, 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 -0.26% to date .

Taking the average capital gain, or increase in median house value, Macquarie Fields,2564 has racked up an average of -0.26% over the period. This ranks it number 159th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Macquarie Fields is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 382th in terms of most discounted suburbs in NSW

A $410 per week rent on the median house gives suburb investors a gross yield of circa 3.65%, without taking into account capital value appreciation, which has been averaging out at 8.43%.

Macquarie Fields is in the bottom 30% in NSW when comparing median price capital growth over the last year. Macquarie Fields gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.19%.

Across a shorter period, Macquarie Fields, 2564 has seen a median price increase of 1.07% over the last quarter.

Property investors looking for a bargain in Macquarie Fields should be aiming for at least -5.33% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Macquarie Fields have been waiting around 65.95 days to sell a property.

The NSW suburb of Macquarie Fields, 2564 is in the Campbelltown local government area.

Metrics i HOUSE UNIT
$583,500 $425,000
2.37% 1.07%
-0.26% 1.19%
8.43% 7.91%
$410 $360
117 74
3.65% 4.40%
70.64 65.95

Source: CoreLogic

DSR Score for property investment : Above average (H), Very 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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