Marsfield is a well-established suburb in New South Wales within the Ryde local government area (postcode 2122). With a population of 12,492, the suburb has an established demographic with a median age of 39. Households earn a median income of $101K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Marsfield is $2.2 million, having dropped significantly 16.3% over the past year. Units have a median price of $1.1 million (+10.1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,383.
Marsfield is served by 1 school, including 1 primary. The average ICSEA score is 1142, which is well above the national average of 1,000. Public transport access includes 42 bus stops. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Marsfield offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.5x is considered stretched. House prices have moved -16.3% year-on-year.
Marsfield is a well-established suburb in New South Wales within the Ryde local government area (postcode 2122). With a population of 12,492, the suburb has an established demographic with a median age of 39. Households earn a median income of $101K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Marsfield is $2.2 million, having dropped significantly 16.3% over the past year. Units have a median price of $1.1 million (+10.1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,383.
Marsfield is served by 1 school, including 1 primary. The average ICSEA score is 1142, which is well above the national average of 1,000. Public transport access includes 42 bus stops. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Marsfield offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.5x is considered stretched. House prices have moved -16.3% year-on-year.