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Maryville suburb profile

Maryville is a charming suburb located in the city of Newcastle, New South Wales, known for its close-knit community and convenient location. Situated just a short distance from Newcastle's bustling CBD, Maryville offers a peaceful residential atmosphere with easy access to urban amenities. The suburb features a mix of traditional homes and modern developments, reflecting its evolving character. With its proximity to the Throsby Creek and local parks, residents enjoy outdoor activities and scenic walks. Maryville's blend of suburban tranquility and city convenience makes it an appealing choice for families, professionals, and retirees alike.

Maryville property market performance

Maryville's property market has shown significant activity in the house sector over the past 12 months, with house values rising by 16.2%, although units have remained stable with no value change. Despite the absence of unit sales, 9 houses were sold, highlighting ongoing demand. Houses spend a median of 29 days on the market, indicating they are in demand.

In terms of rentals, the average rent for houses has increased by 8.7% to $815, while the unit rental market remains inactive. Overall, Maryville reflects a robust housing market, although the unit market shows no growth, possibly due to limited availability.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
16.2%N/A
Sold
Past 3 months
9N/A
Median days on market
Past 12 months
29N/A
Average rent
Past 12 months
$815N/A
Change in rent
Past 12 months
8.7%N/A

5 year median price trend for houses and units

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Maryville demographics

Maryville, nestled in the heart of Newcastle, is a charming suburb that offers a blend of urban convenience and a relaxed lifestyle. With a population of 1,671, it is a close-knit community that appeals to families, professionals, and retirees alike. The median age of 39 suggests a mature population, with many residents enjoying the balance of work and leisure that Maryville provides. Its proximity to the city centre and the waterfront makes it an attractive location for those seeking both accessibility and tranquility.

The suburb's housing landscape is diverse, with a significant portion of properties being owned outright (34.7%) or with a mortgage (35.2%). This indicates a stable community with a mix of long-term residents and new homeowners. The rental market, comprising 30.1% of properties, offers flexibility for those not yet ready to buy, making Maryville appealing to a wide range of demographics, including young professionals and families.

Family life is a cornerstone of Maryville, with couple families with children making up 38.4% of the community, and those without children accounting for 44.9%. The presence of one-parent families (14.8%) and other family types (1.8%) adds to the suburb's diversity. The median total household income of $2,067 per week reflects a comfortable standard of living, supported by the suburb's access to local amenities, schools, and recreational facilities. Maryville's blend of community spirit, convenient location, and lifestyle options make it a desirable place to call home.

Maryville infrastructure, key developments and investment opportunities

Maryville continues to benefit from its close proximity to Newcastle CBD, the harbour foreshore and established inner-city amenities, which supports strong buyer appeal for convenient, walkable living.[1][2][7]

The suburb’s ongoing appeal is also linked to the broader Wickham and Throsby Creek precinct, where recent and continuing redevelopment has reinforced the shift toward higher-density housing and improved urban amenity in the inner Newcastle area.[7]

Maryville rental market trends

The rental market in Maryville shows growth in house rents, which increased 8.7% over the past year to $815 per week. Unit rents remain unchanged at $0 per week, indicating a particular market focus on houses. With its appealing suburban locale, Maryville continues to attract interest primarily in the housing sector.

Suburbs near Maryville

Some popular suburbs near Maryville include:

How does Maryville compare to nearby suburbs?

  • Median house prices: Maryville’s median house price is 55.3% higher than Carrington’s.
  • House price growth: Over the past 12 months, house prices in Maryville have grown 26.5% higher than in Carrington.
  • Selling speed for houses: Properties in Maryville are selling 14.7% faster than in Carrington.

Common questions about Maryville

  • Is Maryville a nice place to live?

    Maryville is a delightful suburb that offers a harmonious blend of urban convenience and suburban tranquility, making it a wonderful place to call home. Its charming streets and welcoming atmosphere provide a peaceful retreat while still being just a stone's throw away from the vibrant heart of Newcastle. The suburb is known for its friendly and close-knit community, which is particularly appealing to families seeking a supportive environment to raise their children. With a variety of housing options, from traditional homes to modern developments, Maryville caters to diverse preferences and lifestyles.

    Living in Maryville means having easy access to a range of amenities, including shopping centers, cafes, and restaurants, as well as beautiful parks and green spaces perfect for leisurely strolls or family picnics. The suburb's proximity to Throsby Creek offers residents the opportunity to enjoy scenic walks and outdoor activities, adding to the overall quality of life. Safety is generally not a major concern, contributing to the suburb's appeal for families and retirees alike.

    However, one trade-off of living in Maryville is that, while it offers a peaceful residential atmosphere, it might not have the bustling nightlife or cultural scene found in more central urban areas. Additionally, as the suburb continues to evolve with ongoing redevelopment, residents may experience some changes in the local landscape and housing density. Despite these trade-offs, Maryville remains a desirable location for those who value community spirit, accessibility to urban amenities, and a relaxed lifestyle. Whether you're a young professional, a growing family, or someone looking to enjoy a quieter pace of life, Maryville offers a charming and convenient place to live.

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  • Is it expensive to live in Maryville?

    Living in Maryville, an inner suburb of Newcastle, can be considered relatively affordable compared to some other parts of New South Wales. With the current median house and unit prices not available, it's challenging to provide a precise comparison. However, the average rent for houses over the last year is approximately $815 per week. This rental price is somewhat high, considering the average wage in New South Wales is about $95,000 per year for full-time workers. This means that a significant portion of income would be spent on housing if you choose to rent in Maryville.

    The median total household income in Maryville is around $2,067 per week, which aligns reasonably well with the state average. This suggests that while the rental prices might be on the higher side, the overall cost of living in Maryville could be manageable for households earning an average income. If you're thinking of living in Maryville, it's important to weigh the rental costs against your income to ensure it fits within your budget. Despite the lack of data on house and unit prices, the rental market indicates that Maryville offers a balance between affordability and the convenience of being close to Newcastle's amenities.

    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 Maryville a good place to invest?

    Maryville is showing promising signs as a good place to invest, especially for those interested in the housing market. Over the past year, the suburb has experienced a significant 16.2% increase in median house values, indicating strong demand and potential for capital growth. This upward trend in house prices suggests that Maryville is becoming increasingly desirable, likely due to its appealing location and community vibe.

    In terms of rental income, houses in Maryville have also seen an impressive 8.7% rise in rents over the last 12 months. This increase in rental yield is attractive for investors looking for steady income streams. However, it's worth noting that the unit market has remained stable, with no change in median values or rents. This stability might appeal to investors seeking less volatility, although it may not offer the same growth potential as houses.

    Overall, Maryville presents a strong case for investment, particularly in the housing sector. The combination of rising house values and rental yields makes it an appealing option for those looking to benefit from both capital appreciation and rental income. While the unit market remains steady, the growth in the housing market suggests that Maryville is on an upward trajectory, making it a suburb worth considering for investment.

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Choose the right real estate agents in Maryville

Choosing the right real estate agent in Maryville can have a big impact on your sale. While there are 34 real estate agents working in the suburb, but just 5 of them were responsible for 28.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.87% to 3.25%, 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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