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Marrickville

Suburb Profile

Marrickville - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2204

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Homeowners and real estate investors betting on MARRICKVILLE, 2204 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.92%.

A steady increase in median property prices over a five-year period in the suburb translates to a 1.22% capital gain.

Property investors in MARRICKVILLE enjoyed capital gains of 11.92% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,455,000.

Profits due to an upward trend in home prices there averaged 0.41% per annum over a 3-year period.

Home owners selling their properties and realtors in MARRICKVILLE usually have to wait an average of 57.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 2.68% increase in returns based on the current median price in MARRICKVILLE.

MARRICKVILLE, 2204 places 866th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,455,000 $795,500
GROWTH REPORT
Median Quarterly 0.34% -0.56%
Median 12 month 11.92% 15.04%
Median 3 years 1.22% -0.56%
Median 5 years 32.27% 22.38%
10 years average annual 7.77% 7.99%
Weekly media advert. rent $750 $480
Time on Market 57.3 days 54.3 days
Gross Rental Yield Percent 2.68% 3.14%
demographics (median values)
Total Population
23162
Weekly Household Income
1046
Household Size
2.50
demographics
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