Get a property report and suburb profile for any property in Merrylands

Merrylands is a busy, multicultural suburb in western Sydney centred on a compact town centre of shops, restaurants and markets along Merrylands Road. Housing ranges from older detached post-war homes to low-rise units and more recent apartment developments, which suits long-time local families as well as newer arrivals. Central Gardens regional park brings lakes, picnic lawns and sports fields for weekend strolls and play, and Merrylands railway station plus regular bus routes make Parramatta and the city accessible for commuters.

Home to 32,472 people with a median age of 33, Merrylands is a suburb of families — couple families with children are the largest group at 53.4% — and households are split roughly evenly between owner-occupation (51.0%) and renting. The typical household has a median total weekly income of $1,470, roughly $76,440 a year. The centre is the focus of a council-led town-centre renewal with planning for a new city square and improved laneways, and a 236-home social and affordable housing project has been announced. Local health services include Merrylands Community Health Centre and Westmead Rehabilitation Hospital. Whether Merrylands suits you will come down to what you want from a busy, well-serviced suburb of families.

On the figures, housing costs in Merrylands sit well above what local households earned at the last Census. A median house price of $1,390,000 is about 18.2 times a typical local annual household income at the last Census (weekly $1,470 × 52 = $76,440), and the median unit price of $511,000 is about 6.7 times that annual income. Rents take a large share of local incomes too: average house rent of $750 a week is roughly 51.0% of a typical local household's weekly income at the last Census, while a unit at $620 a week is about 42.2%. For renters the rent share is the most relevant figure; for buyers the price multiple is the key measure.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

House values in Merrylands rose 6.4% over the past 12 months, a solid increase, while unit values climbed 2.9%, a modest gain. Put another way, capital growth this year was stronger for houses than for units.

On the income side, unit rents increased 5.1% over the year, outpacing unit value growth, so the rent a unit earns rose faster than its price did. Which of those movements matters to you depends on whether you are prioritising rental income or capital growth.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.