Marayong is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2148). With a population of 7,834, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $83K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. The top ancestries reported are Australian, English, Indian.
The median house price in Marayong is $1.3 million, having surged 11.3% over the past year. Units have a median price of $1.0 million (+18.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,133.
Marayong is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1036, which is around the national average of 1,000. Public transport access includes 1 rail station, 45 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Marayong offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 15.5x is considered stretched. House prices have moved +11.3% year-on-year.
Marayong is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2148). With a population of 7,834, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $83K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. The top ancestries reported are Australian, English, Indian.
The median house price in Marayong is $1.3 million, having surged 11.3% over the past year. Units have a median price of $1.0 million (+18.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,133.
Marayong is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1036, which is around the national average of 1,000. Public transport access includes 1 rail station, 45 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Marayong offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 15.5x is considered stretched. House prices have moved +11.3% year-on-year.