Marsfield suburb profile
Marsfield is a leafy suburb in Sydney's northern region, known for its family-friendly atmosphere and proximity to educational institutions. Situated approximately 16km from the Sydney CBD, Marsfield offers a blend of suburban tranquility and urban convenience. The suburb is home to Macquarie University, making it a popular choice for students and academics. Marsfield features a mix of residential properties, from modern apartments to spacious family homes, and is well-served by public transport, including buses and nearby train stations. Its parks, shopping centers, and community facilities contribute to a comfortable and vibrant lifestyle for residents.
Marsfield property market performance
Current median dwelling price$1,115,000Past 3 months
Property growth+7.2%Past 12 months
Marsfield’s property market has been robust over the past 12 months, with house values rising by 12.4% and units by 6.9%. The current median house price stands at $1.23 million, while units average $970,000, reflecting continued demand in the area.
Sales activity in Marsfield has seen 45 houses and 15 units sold over the last three months, with houses taking a median of 48 days and units 38 days to sell, indicating a reasonably active market.
Rentals have also experienced growth, with average house rents increasing by 5.6% and units by 2.9% over the past year, suggesting solid rental demand in the suburb.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.20M | $1.03M |
Change in value Past 12 months | 6.2% | 8.3% |
Sold Past 3 months | 43 | 11 |
Median days on market Past 12 months | 42 | 39 |
Average rent Past 12 months | $760 | $700 |
Change in rent Past 12 months | 5.6% | 2.9% |
5 year median price trend for houses and units
Marsfield demographics
Marsfield, located in Sydney's northern suburbs, is a family-friendly area known for its leafy streets and proximity to educational institutions like Macquarie University. With a population of 12,492, Marsfield offers a suburban lifestyle with the convenience of urban amenities. The median age of 39 suggests a mature community, with many residents likely to be established professionals and families who appreciate the balance of tranquility and accessibility.
The suburb's housing landscape is diverse, with a significant portion of properties owned outright (31.3%) or with a mortgage (29.1%), indicating a stable and settled community. However, with 39.6% of properties being rented, Marsfield also attracts students and young professionals seeking proximity to the university and business parks. The median household income of $1,943 per week reflects a relatively affluent community, likely benefiting from the area's strong educational and employment opportunities.
Family dynamics in Marsfield are prominent, with 46.3% of households being couple families with children, and 38.4% being couples without children. This highlights the suburb's appeal to both growing families and those enjoying a quieter lifestyle. The presence of one-parent families (13.3%) and other family types (1.9%) adds to the suburb's diversity, fostering a welcoming and inclusive environment. Marsfield's blend of educational facilities, green spaces, and community amenities make it a desirable location for those seeking a balanced and fulfilling lifestyle.
Marsfield infrastructure, key developments and investment opportunities
Marsfield continues to benefit from its close connection to Macquarie University and the Macquarie Park employment and retail precinct, where ongoing commercial and campus upgrades are improving local job opportunities and amenity. Recent enhancements around Macquarie Centre and nearby business parks are reinforcing demand from professionals and students seeking convenient access to work, study, and shopping, which generally supports unit and townhouse demand in the suburb.
Transport connectivity remains a key strength, with nearby metro and train services at Macquarie University and surrounding bus links along Epping Road providing efficient access to the CBD and other employment hubs, underpinning buyer interest from commuters. Local parks, playing fields and established schools in adjacent catchments continue to appeal to families, and there are currently no widely publicised major council rezonings or disruptive infrastructure projects directly within Marsfield that would significantly alter the property market in the short term.
Marsfield rental market trends
The rental market in Marsfield is showing steady growth, with house rents increasing 5.6% over the past year to $760 per week, while unit rents edged up 2.9% to $700 per week. With its strategic location and reliable demand, Marsfield continues to attract both residents and investors seeking consistent rental returns in a stable environment.
Suburbs near Marsfield
Some popular suburbs near Marsfield include:
How does Marsfield compare to nearby suburbs?
- Median house prices: Marsfield’s median house price is 48.9% lower than North Ryde’s.
- Median unit prices: Marsfield’s median unit price is 24.1% higher than Macquarie Park’s.
- House price growth: Over the past 12 months, house prices in Marsfield have grown 8.3% higher than in Macquarie Park.
- Unit price growth: Over the past 12 months, unit prices in Marsfield have grown 15.0% higher than in Macquarie Park.
- Selling speed for houses: Properties in Marsfield are selling 27.6% faster than in Denistone East.
- Selling speed for units: Properties in Marsfield are selling 39.1% faster than in Macquarie Park.
- Investment considerations: In Marsfield, the rental yield for house is 16.6% lower than the Sydney average, while the rental yield for units is 10.5% lower.
- House price growth: Over the past 12 months, house prices in Marsfield have grown 16.6% lower than the average rate of growth across Sydney.
- Unit price growth:Over the past 12 months, unit prices in Marsfield have grown 2.5% higher than the average rate of growth for units across Sydney.

