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: