Marrickville is a large suburb in New South Wales within the Inner West local government area (postcode 2204). With a population of 26,570, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $113K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Marrickville is $2.0 million, having dropped significantly 10.2% over the past year. Units have a median price of $1.1 million (+12.5% YoY). The current median weekly rent is $720. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,600.
Marrickville is served by 8 schools, including 5 primary, 2 secondary, 1 combined. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 58 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Marrickville offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.6x is considered stretched. House prices have moved -10.2% year-on-year.
Marrickville is a large suburb in New South Wales within the Inner West local government area (postcode 2204). With a population of 26,570, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $113K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Marrickville is $2.0 million, having dropped significantly 10.2% over the past year. Units have a median price of $1.1 million (+12.5% YoY). The current median weekly rent is $720. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,600.
Marrickville is served by 8 schools, including 5 primary, 2 secondary, 1 combined. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 58 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Marrickville offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.6x is considered stretched. House prices have moved -10.2% year-on-year.