Suburb Profile Report for Marrickville NSW (2204)

Marrickville House: Median price $1,357,500, Annual capital growth 8.71%, Number of sales 266, Weekly median advertised rent $800

Marrickville Unit: Median price $711,000, Annual capital growth 8.44%, Number of sales 219, Weekly median advertised rent $500

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

Property investors who have had real estate in Marrickville, 2204 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.02%

Across a shorter period, Marrickville, 2204 has seen a median price increase of -1.09% over the last quarter.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.17% offered to property buyers. Sellers in Marrickville itself are offering an average vendor discount of -16.67% to real estate investors.

With the median price for a house in Marrickville being $1357500 and the advertised rent reaching $800 the gross rental yield for property investors calculates out to be 3.06%

Marrickville, 2204 ranked 423th in NSW when comparing growth in median property values or capital gain over the last 12 months. Marrickville is one of 3163 in our list for NSW

Marrickville,2204 has offered an average of -3.27% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Marrickville should be aiming for at least -2.39% off the asking price, which is the average vendor discount being achieved at the moment.

The NSW suburb of Marrickville, 2204 is in the Inner West (A) local government area.

Metrics i HOUSE UNIT
$1,357,500 $711,000
-1.09% -1.32%
-7.02% -3.27%
8.71% 8.44%
$800 $500
266 219
3.06% 3.66%
38.42 54.72

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

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