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Marleston suburb profile

Marleston is a well-positioned suburb in Adelaide, South Australia, located just 4km west of the city centre. Known for its convenient location, Marleston offers easy access to both the bustling CBD and the picturesque beaches of Adelaide. The suburb features a mix of residential and light industrial areas, providing a diverse living environment. With its proximity to major transport routes and public transport options, Marleston is ideal for professionals and families seeking a balance between urban convenience and suburban tranquility. The area also benefits from nearby shopping centres, parks, and educational facilities, making it a practical and appealing choice for residents.

Marleston property market performance

Current median dwelling price$875,500Past 3 months

Property growth+9.1%Past 12 months

Marleston's property market has shown notable growth over the past 12 months, with house values increasing by 11.8% and unit values rising by 4.4%. Despite the absence of current median prices, the market activity indicates a positive trend in property values.

Sales activity has been limited, with only 5 houses and 3 units sold in the past 12 months. Houses are taking longer to sell, with a median of 64 days on the market, compared to 45 days for units, suggesting a quicker turnover in the unit market.

The rental market in Marleston has seen varied changes, with house rents increasing by 3.1% and unit rents experiencing a significant rise of 11.6% over the last 12 months, indicating a strong demand for rental units in the area.

HousesUnits
Median price
Past 3 months
$1.02MN/A
Change in value
Past 12 months
13.6%4.6%
Sold
Past 3 months
114
Median days on market
Past 12 months
5846
Average rent
Past 12 months
$670$485
Change in rent
Past 12 months
3.1%16.0%

5 year median price trend for houses and units

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Marleston demographics

Marleston, a suburb located in Adelaide, South Australia, offers a blend of suburban tranquility and urban convenience. With a population of 1,950, it is a relatively small community that provides a close-knit feel for its residents. The median age of 37 suggests a mature population, with a mix of young families and established professionals who appreciate the suburb's accessibility to the city and local amenities.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 47.2% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both transient residents and those seeking temporary accommodation. Meanwhile, 22.4% of properties are owned outright, and 30.5% are owned with a mortgage, reflecting a stable base of long-term homeowners and new buyers entering the market.

Family dynamics in Marleston are varied, with couple families without children making up 43.5% of the households, followed by couple families with children at 36.0%. One-parent families constitute 15.8%, and other family types make up 4.7%, showcasing a diverse community structure. The median total household income of $1,418 per week suggests a moderate economic standing, supporting a comfortable lifestyle for its residents. Marleston's strategic location, combined with its community-oriented atmosphere, makes it an appealing choice for those seeking a balanced suburban lifestyle within reach of Adelaide's urban offerings.

Suburbs near Marleston

Some popular suburbs near Marleston include:

How does Marleston compare to nearby suburbs?

  • Median house prices: Marleston’s median house price is 1.4% lower than Richmond’s.
  • House price growth: Over the past 12 months, house prices in Marleston have grown 6.7% higher than in Richmond.
  • Selling speed for houses: Properties in nearby Richmond are selling 15.5% faster than in Marleston.
  • Selling speed for units: Properties in nearby Keswick are selling 4.3% faster than in Marleston.
  • Investment considerations: In Marleston, the rental yield for house is 6.0% higher than the Adelaide average, while the rental yield for units is 1.2% lower.
  • House price growth: Over the past 12 months, house prices in Marleston have grown 5.3% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Marleston have grown 10.5% higher than the average rate of growth for units across Adelaide.

Choose the right real estate agents in Marleston

There are 24 real estate agents in Marleston, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 52.5% of all sales in the past year.

Commission rates in Marleston typically range from 1.19% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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