Marsden Park (postcode 2765) is an established suburb in New South Wales within the Blacktown local government area. The area has roughly 14,610 residents and a blend of families and working-age professionals, with a median age of 32. Households earn a median income of $142K per year, with an average household size of 3.4 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, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Indian, Filipino, Australian.
Median house prices in Marsden Park stand at $3.7 million, having surged by 53.9% over the last twelve months. Units have a median price of $872,000 (+2% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,900.
Marsden Park is served by 6 schools, including 3 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 1084, which is above the national average of 1,000. Public transport access includes 59 bus stops. The crime rate in the Blacktown LGA is below average at 3,307 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.2% (low yield). Property prices are above the state median ($3.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 26.1x is considered stretched. House prices have moved +53.9% 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.