Get a property report and suburb profile for any property in Marangaroo

Marangaroo is a quiet, established suburb of about 10,483 people, made up largely of low-rise, single-storey homes and tree-lined streets. The community has a family-oriented feel — couple families with children are the largest household type and around 80.0% of dwellings are owner-occupied. Generous parkland, sporting ovals and pocket reserves give plenty of outdoor space, a small neighbourhood shopping centre covers everyday needs, and regular bus services link residents to nearby train stations and major roads.

Local recreation and infrastructure are a clear focus: there is a council masterplan for upgrades to Cabrini Park and a commitment to redevelop the park club rooms, a shared path has been delivered as part of a road upgrade and a resurfacing project has been completed on Highclere Boulevard, and a major upgrade proposal for Marangaroo Golf Course is being progressed. Whether Marangaroo suits you comes down to how much you value a relaxed, suburban lifestyle with parks and practical links close by.

On the figures for Marangaroo, housing costs sit well above what local households earned at the last Census. A house rent of $750 a week would take about 49% of a typical local household's weekly income at the last Census, a large share of income. The median house price of $985,000 is about 12.4 times a typical local annual household income at the last Census, which places buying well above local incomes. Whether that feels expensive depends on your own income and circumstances.

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

Over the past 12 months in Marangaroo, house values climbed 24.0% — a strong rise — while house rents increased 11.9%, also a strong gain. Because the price increase was larger than the rent increase, capital growth outpaced rental income over the year.

Which of those matters to you depends on your goals: the value figure is the one to look at if capital growth is your aim, while the rent figure is the relevant number for rental income. How that balance fits your plans is for you to weigh up.

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.