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Acacia Gardens suburb profile

Acacia Gardens is a family-friendly suburb located in the north-west of Sydney, known for its peaceful residential atmosphere and community-oriented lifestyle. Situated approximately 40km from the Sydney CBD, it offers a suburban retreat with easy access to urban amenities. The suburb is characterized by modern homes, well-maintained parks, and excellent schools, making it an attractive choice for families. Acacia Gardens is conveniently positioned near major transport routes, including the M7 Motorway, providing seamless connectivity to surrounding areas. Its blend of tranquility, convenience, and community spirit makes Acacia Gardens a desirable place to call home.

Acacia Gardens property market performance

Acacia Gardens has experienced varied market trends over the past 12 months. House values have seen a modest increase of 1.6%, with the median house price reaching $1.37 million. In contrast, unit values have surged by 22.9%, bringing the median unit price to approximately $731,750, indicating a strong demand for units in the area.

Sales activity has been limited, with only 10 houses and 1 unit sold in the past three months. Houses are selling relatively quickly, with a median of 22 days on the market, while units are taking longer at 48 days, suggesting a slower turnover in the unit market.

The rental market in Acacia Gardens has shown a notable increase for houses, with rents rising by 7.9% over the last 12 months. However, unit rents have remained stable, with no change, reflecting a steady demand for rental units.

Median price - houses$1.30MPast 3 months

Median price - units$732KPast 3 months

Change in value - houses2.1%12 months

Change in value - units22.9%12 months

Houses sold12Past 3 months

Units sold1Past 3 months

Median DOM - houses22Past 12 months

Median DOM - units48.5Past 12 months

Average rent - houses$740Past 12 months

Average rent - units$500Past 12 months

Change in rent - houses6.1%Past 12 months

Change in rent - units-1.0%Past 12 months

Acacia Gardens demographics

Acacia Gardens, located in the north-western suburbs of Sydney, is a family-friendly area known for its peaceful residential environment and community-oriented lifestyle. With a population of 3,668 and a median age of 36, the suburb is home to many young families and professionals who appreciate its suburban charm and proximity to essential amenities. The high median total household income of $2,796 per week reflects the area's appeal to middle to upper-middle-class families seeking a comfortable lifestyle.

The suburb's demographic profile is predominantly composed of couple families with children, making up 62.3% of the population. This highlights Acacia Gardens as an ideal location for families looking for a supportive community with access to quality schools and recreational facilities. Additionally, 25.3% of households are couple families without children, indicating a mix of young couples and empty nesters who enjoy the suburb's tranquil setting.

In terms of property ownership, Acacia Gardens has a high rate of homeownership, with 20.9% of properties owned outright and 58.6% owned with a mortgage. This suggests a stable community with long-term residents who have invested in the area. The rental market is relatively small, with only 20.5% of properties being rented, which may appeal to those looking for a more settled neighborhood. Overall, Acacia Gardens offers a balanced lifestyle with a strong sense of community, making it a desirable place to live for families and professionals alike.

Acacia Gardens infrastructure, key developments and investment opportunities

Acacia Gardens is experiencing steady growth with several developments enhancing its appeal. The suburb's proximity to the North-West T-way, with Wilson station serving the area, has improved public transport connectivity. Recent upgrades to local schools, including Quakers Hill East Public School, have bolstered educational facilities, potentially attracting more families to the area.

The nearby Stanhope Village shopping center expansion has increased retail and dining options for residents. Additionally, ongoing infrastructure projects in the Greater Western Sydney region, such as the Western Sydney Airport development, may indirectly benefit Acacia Gardens by creating job opportunities and improving regional amenities. These factors collectively contribute to the suburb's growing desirability and could positively impact property values in the coming years.

Acacia Gardens rental market trends

The rental market in Acacia Gardens has experienced moderate growth, with house rents increasing by 7.9% over the past year to $750 per week, while unit rents have remained stable at $500 per week. This stability in unit rents, combined with the rise in house rents, reflects a balanced demand in the suburb, making it an attractive option for both renters and investors seeking steady returns.

Suburbs near Acacia Gardens

Some popular suburbs near Acacia Gardens include:

Common questions about Acacia Gardens

  • Is Acacia Gardens a nice place to live?

    Acacia Gardens is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to live. Nestled in the north-west of Sydney, this charming suburb is perfect for those seeking a peaceful residential atmosphere with a strong sense of community. The area is known for its modern homes and well-maintained parks, providing a picturesque setting for families to enjoy. With excellent schools and a variety of recreational facilities, Acacia Gardens caters to the needs of families, ensuring a supportive and nurturing environment for children to grow up in.

    The suburb boasts a relaxed suburban vibe while still being conveniently close to essential amenities. Residents can enjoy easy access to shopping, cafes, and dining options, with the nearby Stanhope Village shopping center offering a range of retail and culinary delights. The suburb's proximity to major transport routes, including the M7 Motorway, ensures seamless connectivity to surrounding areas, making commuting a breeze. Safety is generally not a major concern, contributing to the suburb's appeal as a secure and welcoming place to call home.

    While Acacia Gardens offers a tranquil lifestyle, it may not suit those seeking the hustle and bustle of inner-city living. The suburb's peaceful nature means it lacks the nightlife and trendiness found in more urban areas. However, this trade-off is often seen as a positive by families and professionals who value a quieter, more settled neighborhood. Ultimately, Acacia Gardens is a fantastic choice for those looking for a balanced lifestyle with a strong community spirit, making it an ideal place for families and individuals seeking a suburban retreat with convenient access to urban amenities.

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  • Is it expensive to live in Acacia Gardens?

    Living in Acacia Gardens can be considered relatively expensive, especially when compared to the average income levels in New South Wales. The current median house price in Acacia Gardens is around $1,370,000, which is quite significant. For those considering renting, the average rent for houses is approximately $750 per week, while units are slightly more affordable at $500 per week.

    When we look at the average weekly household income in Acacia Gardens, which is about $2,800, it becomes clear that a substantial portion of this income would need to be allocated to housing costs. This is particularly notable when compared to the broader average income levels across New South Wales, where the cost of living might be more manageable for those earning similar wages.

    Overall, while Acacia Gardens offers a pleasant suburban lifestyle with its family-friendly environment and amenities, the cost of living, particularly in terms of housing, is on the higher side. If you're thinking of living in Acacia Gardens, it's essential to carefully consider your financial situation to ensure it aligns with the expenses associated with residing in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Acacia Gardens a good place to invest?

    Acacia Gardens presents an interesting opportunity for property investors, particularly those interested in units. Over the past year, the suburb has seen a significant 22.9% increase in median unit values, indicating a strong demand and potential for capital growth in this segment. While the change in median house values has been more modest at 1.6%, the rental market for houses has experienced a healthy 7.9% increase, suggesting a strong rental demand that could provide steady rental income.

    Despite the lack of rental growth for units, the substantial rise in unit values suggests that there is a growing interest in this type of property, possibly due to affordability factors or lifestyle preferences. Acacia Gardens offers a balanced mix of investment potential, with houses providing stable rental returns and units showing promising capital appreciation. This makes it a suburb worth considering for investors looking to diversify their portfolio with both short-term rental income and long-term capital growth prospects.

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