Suburb Profile Report for Marrickville NSW (2204)

Marrickville House: Median price $1,450,000, Annual capital growth 7.58%, Number of sales 207, Weekly median advertised rent $750

Marrickville Unit: Median price $817,750, Annual capital growth 7.28%, Number of sales 262, Weekly median advertised rent $470

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

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 9.19% for the last year, Marrickville, 2204 is the 1342th highest performer in Australia in this respect.

The five-year average increase in median property values for Marrickville,2204 has given property investors a potential capital gain of 22.88% across each of those five 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 Marrickville, 2204. Typically our figures indicate that -5.30% is being offered, which puts this NSW suburb at 774th most discounted overall in Australia.

On average over the past year, suburb has had 17.25 sales per month, which equates to 207 per year.

A $750 per week rent on the median house gives suburb investors a gross yield of circa 2.69%, without taking into account capital value appreciation, which has been averaging out at 7.58%.

Giving property investors a a solid capital gain of 14.37% for the last year, Marrickville, 2204 is the 212th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Marrickville,2204 has racked up an average of 14.37% over the period. This ranks it number 949th in the whole country for real estate investors looking at median house price increases.

Marrickville2204 is located in NSW which offers an average discount of -4.01% to property investors. Marrickville itself is showing figures that indicate -3.09% is the average achievable by property buyers investing in the suburb.

In the last year 262 properties changed hands in Marrickville, which puts it as the 25th most active market in NSW when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$1,450,000 $817,750
-0.10% 2.22%
9.19% 14.37%
7.58% 7.28%
$750 $470
207 262
2.69% 2.99%
46.1224489795918 57.15

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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