Macquarie Park is a well-established suburb in New South Wales within the Ryde local government area (postcode 2113). With a population of 11,071, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $98K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
Units have a median price of $989,000 (+12.4% YoY). The current median weekly rent is $816. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $2,340.
Macquarie Park is served by 3 schools, including 3 special. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 2 rail stations, 55 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Macquarie Park offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($989K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +12.4% year-on-year.
Macquarie Park is a well-established suburb in New South Wales within the Ryde local government area (postcode 2113). With a population of 11,071, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $98K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
Units have a median price of $989,000 (+12.4% YoY). The current median weekly rent is $816. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $2,340.
Macquarie Park is served by 3 schools, including 3 special. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 2 rail stations, 55 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Macquarie Park offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($989K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +12.4% year-on-year.