Marsden suburb profile
Marsden is a growing suburb in Logan City, Queensland, situated approximately 30km south of Brisbane's CBD. Known for its family-friendly atmosphere, Marsden offers a mix of residential developments, including modern homes and established properties. The suburb is well-served by local amenities, including schools, shopping centres, and recreational facilities, making it a convenient choice for families. Marsden's community spirit is evident in its local events and active sports clubs. With easy access to major roads and public transport, Marsden provides a balanced lifestyle for those seeking suburban comfort with city accessibility.
Marsden property market performance
Marsden's property market has experienced significant growth over the past 12 months, with both houses and units seeing substantial increases in value. House values have surged by 23.7%, while unit values have risen by 26.9%. The current median house price stands at $730,000, and the median unit price is $585,000, indicating strong demand in the area.
Sales activity has been robust, with 49 houses and 17 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 16 days on the market and units 14 days, reflecting a competitive market environment.
The rental market in Marsden has also seen notable changes, with average rents for houses increasing by 7.8% and units by 11.1% over the last 12 months. This suggests a strong rental demand, particularly for units.
Median price - houses$730KPast 3 months
Median price - units$585KPast 3 months
Change in value - houses23.7%12 months
Change in value - units26.9%12 months
Houses sold49Past 3 months
Units sold17Past 3 months
Median DOM - houses16Past 12 months
Median DOM - units14Past 12 months
Average rent - houses$550Past 12 months
Average rent - units$500Past 12 months
Change in rent - houses7.8%Past 12 months
Change in rent - units11.1%Past 12 months
Marsden demographics
Marsden, located in the Logan City area of Queensland, is a suburb characterized by its youthful and family-oriented community. With a median age of 28, it is a vibrant area that attracts young families and individuals seeking a dynamic yet affordable lifestyle. The suburb's population of 14,795 reflects a diverse mix of residents, with a significant proportion of couple families with children, accounting for 49.1% of the community. This highlights Marsden's appeal to families looking for a supportive environment to raise children.
The housing landscape in Marsden is predominantly rental-based, with 54% of properties being rented. This high rental rate indicates a demand for flexible living arrangements, making it an attractive option for those not yet ready to commit to home ownership. However, there is also a substantial number of properties owned with a mortgage, at 32.4%, suggesting a stable base of residents investing in the area. Only 13.5% of properties are owned outright, reflecting the suburb's relatively young demographic and the financial priorities of its residents.
Marsden's median total household income of $1,409 per week is indicative of a working-class community, with many residents employed in various sectors across the Logan City region and beyond. The suburb's accessibility to major transport routes and proximity to essential amenities, schools, and parks make it a practical choice for families and young professionals alike. Marsden continues to grow as a community that balances affordability with the conveniences of suburban living, making it a desirable location for those seeking a family-friendly environment.
Marsden infrastructure, key developments and investment opportunities
Marsden is experiencing steady growth and development that may impact its property market. The suburb has seen an increase in new housing construction, with many young couples and families moving into the area. This influx of residents is likely to drive demand for properties and potentially increase home values in the coming years.
Infrastructure improvements are also underway in Marsden. The suburb benefits from its proximity to the Logan Motorway, enhancing connectivity to Brisbane and surrounding areas. Additionally, Marsden State High School's recent recognition as the 2020 Australian Best School of the Year may attract more families to the area, potentially boosting property demand. The nearby Logan Hospital expansion project, though not in Marsden itself, could have positive spillover effects on the suburb's desirability and property values.
Marsden rental market trends
The rental market in Marsden has experienced notable growth, with house rents increasing by 7.8% over the past year to $550 per week, while unit rents have surged 11.1% to $500 per week. This upward trend reflects strong demand and makes Marsden an attractive option for both renters and investors seeking promising returns in a well-connected suburb.
Suburbs near Marsden
Some popular suburbs near Marsden include: