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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 23.9%, while unit values have risen even more sharply by 28.8%. The median house price over the past three months has averaged $700,000, and units have averaged $560,000, indicating strong demand across the board.

Sales activity has been robust, with 58 houses and 25 units sold in the past three months. Properties are moving quickly, with a median time on market of just 16 days for houses and 15 days for units, reflecting a competitive market environment.

Marsden’s rental market has also seen notable changes, with average rent for houses increasing by 10% and units by 15.1% over the last 12 months, highlighting a strong demand for rental properties in the area.

Median price - houses$714KPast 3 months

Median price - units$563KPast 3 months

Change in value - houses22.4%12 months

Change in value - units30.0%12 months

Houses sold52Past 3 months

Units sold26Past 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 - houses10.0%Past 12 months

Change in rent - units13.6%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 is experiencing robust growth, with house rents increasing 10% over the past year to $550 per week, while unit rents have surged 15.1% to $495 per week. This suburb is becoming increasingly attractive for both renters and investors, driven by its affordability and proximity to key amenities and transport links.

Suburbs near Marsden

Some popular suburbs near Marsden include:

Common questions about Marsden

  • Is Marsden a nice place to live?

    Marsden is a delightful suburb that offers a wonderful blend of suburban tranquility and urban convenience, making it a charming place to call home. With its family-friendly atmosphere and vibrant community spirit, Marsden is particularly appealing to young families and individuals seeking a dynamic yet affordable lifestyle. The suburb is known for its welcoming vibe and diverse community, which creates a supportive environment for raising children. Families will appreciate the abundance of local amenities, including schools, shopping centres, and recreational facilities, all contributing to a convenient and comfortable lifestyle.

    One of the standout features of Marsden is its accessibility. The suburb enjoys easy access to major roads and public transport, providing a seamless connection to Brisbane and surrounding areas. This makes it an ideal location for those who work in the city but prefer the peace and space of suburban living. While Marsden may not offer the nightlife and cultural attractions of inner-city areas, it compensates with its strong community networks and a variety of local events and active sports clubs that keep residents engaged and connected.

    Safety is generally not a major concern in Marsden, contributing to its appeal as a family-friendly suburb. However, like any growing area, it does come with some trade-offs. The ongoing development and influx of new residents may lead to increased demand for properties, potentially impacting affordability in the future. Despite this, Marsden remains an attractive option for those seeking a balanced lifestyle with the conveniences of suburban living. With its youthful energy and community-focused atmosphere, Marsden is a lovely place to live for families and young professionals alike.

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  • Is it expensive to live in Marsden?

    Living in Marsden can be considered relatively affordable when compared to other areas in Queensland. The current median house price is $700,000, while units are priced at a median of $560,000. These figures are quite reasonable, especially when compared to the more expensive suburbs closer to Brisbane's city center.

    For those looking to rent, the average rent for houses is $550 per week, and for units, it's $495. This rental pricing is manageable, particularly when you consider the average annual wage in Marsden is $74,000. This income level is fairly close to the average wage in Queensland, making it feasible for residents to cover living expenses comfortably.

    Overall, Marsden offers a good balance of affordability and lifestyle. With its reasonable property prices and rental rates, it provides a welcoming option for those looking to settle in a suburb that offers value for money while still being connected to the broader Brisbane area.

    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 Marsden a good place to invest?

    Marsden is showing promising signs as a potential investment hotspot. Over the past year, the suburb has experienced significant growth in property values, with median house values increasing by 23.9% and unit values by an impressive 28.8%. This upward trend indicates strong demand and a healthy real estate market, making it an attractive option for investors looking to capitalize on rising property prices.

    In addition to the capital growth, Marsden's rental market is also thriving. Rents for houses have increased by 10.0%, while units have seen a 15.1% rise over the last 12 months. This suggests a robust rental demand, providing investors with the potential for solid rental returns. The combination of rising property values and strong rental growth makes Marsden a compelling choice for those seeking both capital appreciation and rental income.

    Overall, Marsden's recent performance in both property value and rental growth positions it as a suburb with strong investment potential. Its ability to deliver significant returns in a relatively short period is appealing to investors looking for a dynamic and rewarding market. With its current trajectory, Marsden offers a promising opportunity for those interested in the real estate market.

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