Marden

POSTAL CODE: SA, 5070
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MARDEN ranks 129th in SA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 26.55% for the past year is higher than average compared to its 123.97% growth within a five-year period.

Also in MARDEN, the median home price is sitting at $1,411,000, and the average rent at $680, this suggests property owners could potentially earn a 2.51% increase in gross rental yield.

Property investors have seen a 6.69% gain in MARDEN based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on MARDEN, 5070 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 26.55%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.39% growth over a ten-year period. It ranks 4329th on our list of suburbs that property investors should look into.

Surburb overview

Marden, located in South Australia with the postcode 5070, is a leafy suburb situated approximately 6 kilometres northeast of Adelaide’s central business district (CBD). It falls under the City of Norwood Payneham & St Peters and is well-regarded for its convenient location, family-friendly atmosphere, and well-maintained streets.

Marden has a population of around 3,600 people, with a demographic mix of families, professionals, and retirees. The suburb attracts a diverse range of residents, including younger families drawn to its proximity to quality schools and amenities. The area is predominantly residential, with a mix of older homes and more modern developments, contributing to its appeal as a well-established suburb with a growing population.

Public transportation in Marden is excellent, with several bus routes running directly to the Adelaide CBD, making commuting easy for those who work or study in the city. The suburb is also located near major roads like Payneham Road, providing quick access to nearby suburbs and key areas.

Marden is home to several amenities, including the Marden Shopping Centre, which offers a variety of supermarkets, specialty shops, and services. The nearby Linear Park, along the River Torrens, provides residents with a scenic walking and cycling path that connects the suburb to the city and the Adelaide Hills. This green space is ideal for outdoor activities and relaxation, making it a popular spot for families and fitness enthusiasts.

Educational facilities in Marden include Marden Senior College, which offers a range of academic and vocational courses for students. The suburb is also close to other reputable schools, such as East Adelaide School and St Joseph’s School, making it a great location for families with school-aged children.

Marden’s appeal lies in its balance between suburban tranquillity and access to modern conveniences. Its proximity to the city, excellent public transport options, and range of local services make it a highly desirable suburb for those seeking a comfortable, convenient lifestyle near Adelaide’s CBD.

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