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AREA REPORTS

Marrickville

Suburb Profile

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

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 5.17% capital gain.

Property investors in MARRICKVILLE enjoyed capital gains of 9.2% 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 $1,425,000.

Profits due to an upward trend in home prices there averaged 1.72% per annum over a 3-year period.

Home owners selling their properties and realtors in MARRICKVILLE usually have to wait an average of 66.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 2.74% increase in returns based on the current median price in MARRICKVILLE.

MARRICKVILLE, 2204 places 334th 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 $1,425,000 $790,500
GROWTH REPORT
Median Quarterly 3.64% 6.39%
Median 12 month 9.2% 13.66%
Median 3 years 5.17% 8.21%
Median 5 years 42.5% 28.54%
10 years average annual 8.66% 7.83%
Weekly media advert. rent $750 $500
Time on Market 66.5 days 51.8 days
Gross Rental Yield Percent 2.74% 3.29%
demographics (median values)
Total Population
23162
Weekly Household Income
1046
Household Size
2.50
demographics
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