Macquarie Park suburb profile
Macquarie Park is a bustling suburb in Sydney's northern region, renowned for its thriving business district and educational institutions. Situated approximately 12km from the Sydney CBD, it is home to Macquarie University and a major shopping centre, Macquarie Centre, offering a wide range of retail and dining options. The suburb is well-connected by public transport, including a metro station, making it a convenient location for commuters. With a mix of residential developments, commercial spaces, and green parks, Macquarie Park attracts students, professionals, and families seeking a dynamic and convenient urban lifestyle.
Macquarie Park property market performance
Current median dwelling price$1,052,550Past 3 months
Property growth-3.2%Past 12 months
Macquarie Park’s property market has shown a unique trend over the past 12 months. The median unit price remains stable at $825,100, with no significant changes in value. The scarcity of house sales, with only 5 recorded, contributes to the lack of available data on house prices or market trends in this category.
The unit market has been more active with 98 units sold, although they tend to linger on the market with a median of 71 days, indicating slower buyer uptake. In contrast, houses have no median days recorded, reflecting minimal sales activity.
The rental market is more dynamic, with house rents seeing a robust increase of 14.4% to an average of $850 per month, while unit rents have risen by 6.7% to $800, highlighting a healthy demand in the rental sector of Macquarie Park.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | $825K |
Change in value Past 12 months | -0.5% | -5.8% |
Sold Past 3 months | 5 | 98 |
Median days on market Past 12 months | N/A | 71 |
Average rent Past 12 months | $850 | $800 |
Change in rent Past 12 months | 14.4% | 6.7% |
5 year median price trend for houses and units
Macquarie Park demographics
Macquarie Park, located in Sydney's northern suburbs, is a bustling hub known for its blend of business, education, and residential living. With a population of 11,071 and a median age of 31, it is a youthful and dynamic area, attracting young professionals and families alike. The suburb is home to Macquarie University, which significantly contributes to its vibrant and diverse community, making it a popular choice for students and academics.
The housing landscape in Macquarie Park is predominantly rental-based, with 68% of properties being rented. This high rental rate is indicative of the suburb's appeal to those seeking flexible living arrangements, including students and young professionals who are drawn to the area's proximity to educational institutions and employment opportunities. The suburb's household composition is varied, with 30.5% of families being couples with children and 54.1% being couples without children, reflecting a mix of family-oriented and independent lifestyles.
Macquarie Park's economic landscape is bolstered by its status as a major business district, hosting numerous multinational corporations and offering a range of employment opportunities. The median total household income of $1,886 per week underscores the area's economic vitality. With its combination of educational facilities, business opportunities, and a vibrant community, Macquarie Park continues to be a sought-after location for both living and working in Sydney.
Macquarie Park infrastructure, key developments and investment opportunities
Macquarie Park remains one of Sydney’s strongest employment and education hubs, anchored by Macquarie University and the wider business precinct, which supports steady demand from professionals, students and investors.[1][2]
The suburb also benefits from excellent access to the Metro Northwest line, major road connections and the Macquarie Centre retail hub, all of which add convenience and help underpin long-term desirability.[2][3][9]
Macquarie Park rental market trends
The rental market in Macquarie Park is robust, with house rents climbing 14.4% over the past year to $850 per week, and unit rents increasing 6.7% to $800 per week. With its strategic location and ongoing development, Macquarie Park offers attractive opportunities for both investors and renters seeking growth in a vibrant urban setting.
Suburbs near Macquarie Park
Some popular suburbs near Macquarie Park include:
How does Macquarie Park compare to nearby suburbs?
- Median house prices: Macquarie Park’s median house price is 13.8% lower than Marsfield’s.
- Median unit prices: Macquarie Park’s median unit price is 14.9% lower than Marsfield’s.
- House price growth: Over the past 12 months, house prices in Macquarie Park have grown 1.2% higher than in West Pymble.
- Unit price growth: Property prices in nearby Marsfield have risen 12.7% more than in Macquarie Park over the past year.
- Selling speed for units: Properties in nearby Marsfield are selling 46.5% faster than in Macquarie Park.
- Investment considerations: In Macquarie Park, the rental yield for house is 5.9% lower than the Sydney average, while the rental yield for units is 2.8% higher.
- House price growth: Over the past 12 months, house prices in Macquarie Park have grown 37.5% lower than the average rate of growth across Sydney.
- Unit price growth:Over the past 12 months, unit prices in Macquarie Park have grown 7.3% lower than the average rate of growth for units across Sydney.

