Marayong is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2148). It is home to about 7,834 residents, with a blend of families and working-age professionals and a median age of 36. Households earn a median income of $83K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. Employment in the area leans toward healthcare and transport & logistics. The top ancestries reported are Australian, English, Indian.
The median house price in Marayong is $1.1 million, having dropped significantly by 8.2% over the past year. Units have a median price of $835,000 (+5.5% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.9%. 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 3,307 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.9% (low yield). Property prices sit below the state median ($1.1M/$1.5M), which can point to relative value. The price-to-income ratio of 12.8x is considered stretched. House prices have moved -8.2% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.