Question 1

Is Macquarie Park a nice place to live?

Accepted Answer

Macquarie Park sits around Macquarie University and the Macquarie Centre and reads as a business and technology precinct, with office towers and research facilities alongside a large campus. Residential pockets range from modern apartment complexes near the station to quieter streets with older homes. Day-to-day life centres on the mall, campus cafés and a growing restaurant scene, while parkland and the Lane Cove River corridor provide outdoor escape. Strong public transport links and major roads make surrounding employment and amenities readily accessible.

With a population of 11,071 and a median age of 31, the suburb has a compact, apartment-oriented population and a median household income of $1,886 a week (roughly $98,000 a year). Couples, with and without children, make up 84.6% of families and most dwellings are rented (68.0%). Several transport upgrades and a TOD rezoning strategy are planned for the area, along with expanded park and active-transport connections, so whether Macquarie Park suits you comes down to whether you want a campus-linked, well-connected suburb with an apartment focus.

Question 2

Is it expensive to live in Macquarie Park?

Accepted Answer

In Macquarie Park, rents would take a large share of what a typical local household earned at the most recent Census. A house rent of $850 a week is about 45.0% of that weekly household income, and a unit rent of $800 a week is about 42.4%.

The median unit price of $821,000 works out to about 8.4 times a typical local household's annual income as recorded at the most recent Census, which is a high multiple. If you're renting rather than buying, the rent shares are the most directly relevant figures; if you're looking to buy, the price multiple shows how purchase costs relate to local incomes at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Macquarie Park a good place to invest?

Accepted Answer

House rents jumped 13.3% over the past year, a strong rise, while median house values slipped 0.8%, a slight fall. Units show a different mix: unit rents rose 6.7%, a solid increase, even as unit values fell 4.9%, a modest decline.

For someone weighing Macquarie Park as an investment, these figures show rental income was the stronger performer over the year — rents rose for both houses and units while prices did not. Whether that outcome matches your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	$821K
Change in value Past 12 months	-0.8%	-4.9%
Sold Past 3 months	5	84
Median days on market Past 12 months	N/A	64
Average rent Past 12 months	$850	$800
Change in rent Past 12 months	13.3%	6.7%

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