Question 1

Is Marayong a nice place to live?

Accepted Answer

Marayong is a primarily residential pocket in western Sydney centred on Marayong railway station on the Richmond line. Everyday shops and Marayong Public School sit in tree-lined streets, and housing is mostly single-storey postwar brick and fibro homes with pockets of newer townhouses and infill, so blocks tend to be modest and yards practical. Local parks and sporting fields give a suburban, down-to-earth feel.

Home to 7,834 people with a median age of 36, Marayong is a suburb of families: couple families with children are 47.1% and the two couple categories together make up 78.0% of families. Homes are more often owner-occupied than rented, and the area suits commuters and families who want straightforward access to the wider western Sydney transport network while keeping services, shopping and entertainment in neighbouring Blacktown. A planned renewal of Marayong Park has funding approval, and residents use Blacktown Hospital and the Blacktown Community Health Centre for health services.

Question 2

Is it expensive to live in Marayong?

Accepted Answer

With a median house price of $1,052,500, buying in Marayong works out to about 12.7 times a typical local annual household income at the last Census. Rents sit as a sizeable share of local weekly income: a house rent of $630 a week is about 39.6% of a typical local household's weekly income at the last Census, and a unit rent of $520 a week is about 32.7%. On these figures, buying sits well above what local households earned at the last Census, while renting still takes a sizeable portion of a typical local income.

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 Marayong a good place to invest?

Accepted Answer

The clearest movement in Marayong over the past 12 months is the 6.0% rise in median house values, a solid gain. House rents rose 4.1% in the same period, a modest increase, so house capital growth has outpaced the growth in rental income this year.

Unit rents also rose, up 3.0% over the year, a modest rise and slightly below the house rent increase. If rental income is your priority, these rent figures are the ones that matter; whether this pattern fits your plans depends on your goals and circumstances.

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	$1.05M	N/A
Change in value Past 12 months	6.0%	N/A
Sold Past 3 months	17	N/A
Median days on market Past 12 months	45	N/A
Average rent Past 12 months	$630	$520
Change in rent Past 12 months	4.1%	3.0%

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