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Marion

POSTAL CODE: SA, 5043
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

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

The upward trend in home prices in MARION, 5043 averaged 11.11% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 3.38% increase in returns based on the current median price in MARION.

An average of 5.25 real estate transactions take place per month in MARION which translates to 63 per annum.

63 properties were sold in MARION in 2016, making it the 75th most active market in SA based on total real estate transactions.

MARION, 5043 places 302nd in Australia based on median property value growth during the quarter.

Surburb overview

Marion, located in South Australia with the postcode 5043, is a well-established suburb situated approximately 10 kilometres southwest of Adelaide’s central business district (CBD). It is part of the City of Marion, one of Adelaide’s largest and most vibrant local government areas, known for its residential, commercial, and recreational facilities.

Marion has a population of around 3,800 people, with a diverse demographic that includes families, professionals, and retirees. The suburb's proximity to both the Adelaide CBD and the coast makes it a highly attractive location for those seeking a balanced suburban lifestyle with easy access to urban amenities.

Public transportation in Marion is excellent, with the Marion train station on the Seaford line providing a direct link to Adelaide’s CBD. The suburb is also well-served by multiple bus routes, making commuting easy for residents. Marion is located near major roads such as Marion Road and the Southern Expressway, providing convenient access by car to nearby suburbs and key destinations.

One of the most notable features of the suburb is its proximity to Westfield Marion, one of South Australia’s largest shopping centres. Westfield Marion offers a wide range of retail stores, supermarkets, dining options, entertainment facilities, and services, making it a central hub for shopping and leisure activities. The suburb is also close to the SA Aquatic and Leisure Centre, a popular destination for swimming, fitness, and sports activities.

Marion is home to several schools, including Marion Primary School and Hamilton Secondary College, catering to families with children. There are also early learning centres and childcare facilities within the area, providing options for young families.

For recreation, Marion offers plenty of parks and reserves, including Oaklands Wetland and Reserve, which provides walking trails, picnic areas, and opportunities for wildlife observation. The suburb is also located close to the coast, with nearby Brighton and Seacliff beaches offering residents access to swimming, walking, and other beachside activities.

Marion’s blend of residential living, commercial amenities, and recreational opportunities makes it a highly desirable suburb for a wide range of residents. Its excellent transport connections, proximity to shopping and entertainment, and family-friendly atmosphere contribute to its growing popularity.

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