Suburb Profile Report for Marsden Park NSW (2765)

Marsden Park House: Median price $738,750, Annual capital growth -0.55%, Number of sales 213, Weekly median advertised rent $570

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Investment property in Marsden Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.06%

If we look at median property appreciation over just the last three months, Marsden Park has given property investors a paper return of -2.80%. This puts Suburb as 865 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Marsden Park is offering property investors an average of -7.34. This rate of discount on properties puts Suburb at number 278th in terms of most discounted suburbs in NSW

Property investors should expect to get $570 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$738,750 N/A
-2.80% N/A
-4.06% N/A
-0.55% N/A
$570 N/A
213 N/A
4.01% N/A
110.891089108911 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 1049
Median household income ($/weekly) 892
Median age of persons 42
Median housing loan repayment ($/monthly) 2600
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 130 12.4
    25-34 years 115 11.0
    35-44 years 152 14.5
    45-54 years 151 14.4
    55-64 years 156 14.9
    Others 344 32.8
    Age Group
    Census Count Percent(%)
    Not Married 394 48.3
    Registered Married 354 43.4
    Defacto Relationship 67 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 735 74.2
    Netherlands 68 6.9
    Papua New Guinea 25 2.5
    United Kingdom 30 3.0
    Other 41 4.1
    Others 91 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.7
    Christianity 805 83.8
    Hinduism 16 1.7
    Islam 22 2.3
    No Religion 107 11.1
    Others 4 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 61 17.1
    $600-$799 48 13.4
    $800-$999 38 10.6
    $1,000-$1,249 34 9.5
    $1,500-$1,999 35 9.8
    Others 141 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 340 41.7
    Not in the labour force 303 37.1
    Employed, worked part-time 129 15.8
    Employed, away from work 24 2.9
    Unemployed, looking for work 20 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 85 17.3
    Technicians & trades workers 82 16.7
    Clerical & administrative workers 64 13.0
    Machinery operators & drivers 86 17.5
    Labourers 49 10.0
    Others 125 25.5
    Occupation
    Census Count Percent(%)
    Pre-school 14 6.5
    Infants/Primary 79 36.7
    Secondary 72 33.5
    Technical or Further Educational Institution 27 12.6
    University or other Tertiary Institutions 17 7.9
    Others 6 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 706 70.1
    Caravan, cabin, houseboat 271 26.9
    Semi-detached, row or terrace house, townhouse 14 1.4
    Improvised home, tent, sleepers out 11 1.1
    Flat, unit or apartment 5 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 162 41.5
    Rented 147 37.7
    Being purchased 74 19.0
    Other tenure type 7 1.8
    Tenure Type
Census 2011, ABS
Chart Table