Marsden Park is a well-established suburb in New South Wales within the Blacktown local government area (postcode 2765). With a population of 14,610, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $142K per year, with an average household size of 3.4 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Filipino, Australian.
The median house price in Marsden Park is $1.3 million, having grown strongly 6.4% over the past year. Units have a median price of $880,000 (+1.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 3.3%. 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 3,212 incidents per 100,000 population.
From an investment perspective, Marsden Park offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +6.4% year-on-year.
Marsden Park is a well-established suburb in New South Wales within the Blacktown local government area (postcode 2765). With a population of 14,610, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $142K per year, with an average household size of 3.4 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Filipino, Australian.
The median house price in Marsden Park is $1.3 million, having grown strongly 6.4% over the past year. Units have a median price of $880,000 (+1.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 3.3%. 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 3,212 incidents per 100,000 population.
From an investment perspective, Marsden Park offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +6.4% year-on-year.