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Marryatville suburb profile

Marryatville is a charming suburb located just 4km east of Adelaide's CBD, known for its leafy streets and serene residential atmosphere. It offers a blend of historic homes and modern residences, attracting families and professionals seeking a peaceful yet convenient lifestyle. The suburb is home to the prestigious Marryatville High School and is close to a variety of shopping and dining options, particularly along nearby Norwood Parade. With its proximity to the city and access to public transport, Marryatville provides a perfect balance of suburban tranquility and urban accessibility, making it a desirable location for residents.

Marryatville property market performance

Marryatville's property market has shown some interesting dynamics over the past 12 months. House values have increased by 8.2%, while unit values have remained stable with no change. Despite the increase in house values, the current median house and unit prices are not available, indicating limited data or market activity.

Sales activity has been minimal, with only 4 houses and 1 unit sold over the last 12 months. The median days on market for both houses and units are not available, suggesting a lack of recent sales data or rapid transactions.

In the rental market, house rents have seen a modest increase of 5.1%, with the average rent for houses at $683. However, there is no available data on unit rents, reflecting limited rental activity or data collection in this segment.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
8.2%N/A
Sold
Past 3 months
41
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
$683N/A
Change in rent
Past 12 months
5.1%N/A

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Marryatville demographics

Marryatville, a charming suburb located in Adelaide's eastern suburbs, offers a serene and family-friendly environment. With a population of just 648, it provides a close-knit community atmosphere that appeals to families and individuals seeking a peaceful lifestyle. The median age of 41 suggests a mature community, with a balanced mix of working professionals and families who appreciate the suburb's tranquil setting and proximity to the city.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 40.4% of the housing market. This indicates a level of flexibility for those who prefer renting over homeownership. Meanwhile, 29.3% of properties are owned outright, and 30.2% are owned with a mortgage, reflecting a stable housing market with opportunities for both long-term residents and new buyers.

Family dynamics in Marryatville are predominantly centered around couple families, with 49.4% having children and 32.1% without. One-parent families make up 18.5% of the community, highlighting the suburb's inclusivity and support for diverse family structures. The absence of other family types suggests a traditional family-oriented community. Marryatville's appeal lies in its blend of suburban tranquility, community spirit, and accessibility to Adelaide's amenities, making it an attractive choice for those seeking a balanced lifestyle.

Marryatville infrastructure, key developments and investment opportunities

Marryatville’s property appeal continues to be underpinned by its established education precinct, with both Marryatville High School and Loreto College drawing strong ongoing demand from families seeking access to reputable schooling options.[4] The suburb’s small size, predominantly low- to medium-density housing, and proximity to key retail such as Burnside Village and nearby employment in the city support its desirability and help maintain tight supply conditions.[3][4]

Located just a few kilometres from the CBD and bounded by major arterials like Portrush Road and Kensington Road, Marryatville benefits from convenient transport links, enhancing connectivity for commuters and reinforcing buyer interest in well-located homes.[4] There are currently no widely reported new large-scale infrastructure or redevelopment projects specific to Marryatville, so recent property market performance is being driven more by its established amenities, school catchments, and inner-east lifestyle than by new construction or planning changes.[2][3]

Marryatville rental market trends

The rental market in Marryatville has experienced moderate growth, with house rents increasing by 5.1% over the past year to $683 per week. However, unit rents have remained unchanged, indicating a stable market for units. Marryatville continues to attract interest due to its desirable location and community amenities, making it a solid choice for renters seeking a suburban lifestyle.

Suburbs near Marryatville

Some popular suburbs near Marryatville include:

How does Marryatville compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Marryatville have grown 3.4% higher than in Kensington.
  • House price growth: Over the past 12 months, house prices in Marryatville have grown 75.0% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Marryatville have grown 87.1% higher than the average rate of growth for units across Adelaide.

Common questions about Marryatville

  • Is Marryatville a nice place to live?

    Marryatville is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled just a short distance from Adelaide's bustling CBD, it provides residents with the perfect blend of suburban tranquility and urban convenience. The suburb is known for its leafy streets and charming residential atmosphere, which appeals to families and professionals alike. Marryatville boasts a strong sense of community, with its close-knit feel making it an inviting place for families to settle down.

    Living in Marryatville means having easy access to a variety of amenities. The suburb is well-served by public transport, making commuting to the city a breeze. For those who enjoy shopping and dining, the nearby Norwood Parade offers a plethora of options to explore. Additionally, the presence of prestigious schools like Marryatville High School makes it an attractive choice for families prioritizing education. The suburb's proximity to parks and green spaces also provides ample opportunities for outdoor activities and relaxation.

    While Marryatville offers many advantages, there are a few trade-offs to consider. The demand for housing in this desirable suburb can lead to competitive property prices, and the availability of larger family homes may be limited. However, the suburb's peaceful ambiance and excellent amenities more than compensate for these challenges. Safety is generally not a concern, contributing to the overall appeal for families seeking a secure environment.

    Overall, Marryatville is a charming and peaceful suburb that offers a balanced lifestyle with its blend of community spirit, accessibility, and family-friendly amenities. It's an ideal choice for those looking to enjoy the benefits of suburban living while remaining close to the vibrant city life of Adelaide.

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  • Is it expensive to live in Marryatville?

    Living in Marryatville, an inner suburb of Adelaide, can be quite challenging when it comes to housing affordability. With the current median house and unit prices not available, it's difficult to provide a direct comparison to other suburbs. However, the average rent for houses is approximately $683 per week, which is relatively high compared to some other areas in Adelaide.

    When we look at the income side of things, the median total household income in Marryatville is around $1,757 per week. This is slightly below the average wage in Adelaide, which is about $1,900 per week. This discrepancy suggests that the cost of renting in Marryatville could take up a significant portion of a household's income, making it a more expensive place to live, especially for those earning at or below the median income level.

    Overall, while Marryatville offers the benefits of being close to the city and having access to various amenities, the cost of living, particularly in terms of rental housing, might be on the higher side for many residents. It's important to consider these financial aspects if you are thinking of living in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Marryatville a good place to invest?

    Marryatville presents a promising opportunity for property investors, particularly those interested in houses. Over the past year, the suburb has experienced an impressive 8.2% increase in median house values, indicating strong demand and potential for capital growth. This upward trend suggests that Marryatville is becoming an increasingly desirable location, likely due to its appealing lifestyle and proximity to amenities.

    While the median unit values and rents have remained stable, the steady 5.1% increase in house rents over the last year highlights a growing interest among renters, which can translate into reliable rental income for investors. The suburb's charm, combined with its consistent performance in the housing market, makes it an attractive option for those looking to invest in a stable and potentially lucrative area.

    Overall, Marryatville's recent growth in house values and rental demand positions it as a solid investment choice. While units have not seen the same level of growth, the suburb's overall appeal and the potential for continued appreciation make it a worthwhile consideration for investors focusing on houses. With its blend of growth potential and rental stability, Marryatville offers a balanced investment opportunity.

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Choose the right real estate agents in Marryatville

Choosing the right real estate agent in Marryatville can have a big impact on your sale. While there are 9 real estate agents working in the suburb, but just 5 of them were responsible for 55.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.13% to 2.5%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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