Macquarie Park - Marsfield
Statistical Area - sa2

Macquarie Park - Marsfield lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Macquarie Park - Marsfield's population was approximately 28,443 as of November 2025. This figure shows an increase of 4,625 people since the 2021 Census, which recorded a population of 23,818. The growth is inferred from ABS estimates: 28,025 in June 2024 and an additional 1,719 validated new addresses post-Census. This results in a density ratio of 2,665 persons per square kilometer, placing the area in the upper quartile nationally according to AreaSearch's assessments. The area's growth rate of 19.4% since the 2021 Census exceeded both state (6.7%) and SA4 region averages, indicating strong population growth led primarily by overseas migration contributing approximately 91.7% of overall gains. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022.

For areas not covered by this data, NSW State Government's SA2 level projections from 2022 using 2021 as the base year are applied. Growth rates by age group from these aggregations are used for all areas from 2032 to 2041. Future demographic trends predict exceptional growth for Macquarie Park - Marsfield, with an expected increase of 27,957 persons by 2041 based on the latest population numbers, representing a total increase of 96.8% over the 17-year period.

The level of residential development activity in Macquarie Park - Marsfield was found to be higher than 90% of real estate markets across the country

Macquarie Park - Marsfield has seen approximately 717 new homes approved annually over the past five financial years, totalling 3588 homes. As of FY26, 13 approvals have been recorded. On average, 1.1 new residents arrive per year for each new home built between FY21 and FY25, indicating a balanced supply and demand market with stable conditions. The average construction cost value of new dwellings is $303,000, aligning with broader regional development trends.

In the current financial year, $838.5 million in commercial approvals have been registered, suggesting strong local business investment. Compared to Greater Sydney, Macquarie Park - Marsfield records 176% more new home approvals per capita, offering greater choice for buyers despite recent easing of construction activity. This high level reflects strong developer confidence in the area. New building activity predominantly consists of townhouses or apartments (98%), with a small proportion being detached houses (2%). This trend caters to downsizers, investors, and entry-level buyers seeking accessible options. The location has approximately 58 people per dwelling approval, suggesting an expanding market.

Population forecasts indicate Macquarie Park - Marsfield will gain 27,539 residents by 2041, with construction maintaining a reasonable pace to meet projected growth. However, increasing population may lead to growing competition among buyers for available properties.

Macquarie Park - Marsfield has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 57 projects that could affect the region. Notable ones include MCentral at Macquarie Park, Macquarie Rise, Lachlan's Line Apartments at 3 Halifax Street, and Macquarie Centre Redevelopment. The following list details those most likely to be relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis reveals Macquarie Park - Marsfield significantly outperforming the majority of regions assessed nationwide

Macquarie Park - Marsfield has a highly educated workforce with notable representation in the technology sector. The unemployment rate was 3.0% as of June 2025, lower than Greater Sydney's rate of 4.2%.

Employment growth over the past year was estimated at 11.5%. There were 17,798 residents employed in June 2025 with a workforce participation rate of 63.9%, slightly higher than Greater Sydney's 60.0%. The leading employment industries among residents are professional & technical, health care & social assistance, and education & training. Professional & technical services have particularly strong representation, at 1.4 times the regional level.

Conversely, construction shows lower representation at 4.5% compared to the regional average of 8.6%. There were 2.2 workers for every resident as per the Census, indicating that the area functions as an employment hub attracting workers from surrounding areas. Between June 2024 and June 2025, employment increased by 11.5% while labour force grew by 11.3%, causing the unemployment rate to fall by 0.2 percentage points. In comparison, Greater Sydney recorded employment growth of 2.6%, labour force growth of 2.9%, and an increase in unemployment by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 suggest that Macquarie Park - Marsfield's employment could grow by approximately 7.2% over five years and 14.5% over ten years, based on a simple weighting extrapolation of industry-specific projections against the local employment mix.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's data for financial year 2022 shows Macquarie Park - Marsfield has high incomes nationally. The median income is $53,523 and the average is $75,633. In comparison, Greater Sydney has a median income of $56,994 and an average of $80,856. By September 2025, estimates suggest the median income will be approximately $60,272 and the average will be around $85,170, based on a 12.61% Wage Price Index growth since financial year 2022. The 2021 Census indicates that incomes in Macquarie Park - Marsfield cluster around the 64th percentile nationally. The income bracket of $1,500 - 2,999 is dominant, with 34.8% of residents (9,898 people). This aligns with broader regional trends where 30.9% fall into the same category. High housing costs consume 20.4% of income in the area. Despite this, strong earnings place disposable income at the 55th percentile nationally. The area's SEIFA income ranking places it in the 8th decile.

Macquarie Park - Marsfield features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

The dwelling structure in Macquarie Park - Marsfield as evaluated at the Census 2016 comprised 16.3% houses and 83.7% other dwellings. In comparison, Sydney metro had 42.9% houses and 57.1% other dwellings. Home ownership in Macquarie Park - Marsfield was 20.7%, with mortgaged dwellings at 25.6% and rented dwellings at 53.7%. The median monthly mortgage repayment was $2,383, below the Sydney metro average of $2,600. The median weekly rent figure was $470, compared to Sydney metro's $460. Nationally, Macquarie Park - Marsfield's mortgage repayments were higher at $1,863 and rents were substantially above the national figure of $375.

Macquarie Park - Marsfield features high concentrations of group households and lone person households, with a lower-than-average median household size

Family households account for 61.7% of all households, including 24.7% couples with children, 27.4% couples without children, and 7.6% single parent families. Non-family households constitute the remaining 38.3%, with lone person households at 31.3% and group households making up 7.0%. The median household size is 2.2 people, which is smaller than the Greater Sydney average of 2.5.

The educational profile of Macquarie Park - Marsfield exceeds national averages, with above-average qualification levels and academic performance metrics

Educational attainment in Macquarie Park - Marsfield is significantly higher than broader benchmarks. 58.3% of residents aged 15 and above hold university qualifications, compared to 30.4% nationally and 32.2% in NSW. Bachelor degrees are the most common at 34.0%, followed by postgraduate qualifications (21.6%) and graduate diplomas (2.7%). Vocational pathways account for 17.9% of qualifications among those aged 15 and above, with advanced diplomas at 9.1% and certificates at 8.8%.

Educational participation is high, with 32.7% of residents currently enrolled in formal education, including 15.4% in tertiary education, 6.7% in primary education, and 4.3% pursuing secondary education. There are 7 schools operating within Macquarie Park - Marsfield, educating approximately 2,785 students. The area has above-average socio-educational conditions (ICSEA: 1057). The educational mix includes 4 primary, 1 secondary, and 2 K-12 schools. School places per 100 residents (9.8) are below the regional average (13.2), with some students likely attending schools in adjacent areas.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Analysis of public transport in Macquarie Park - Marsfield shows 144 active transport stops operating. These include a mix of light rail and bus services. There are 51 individual routes serving these stops, collectively providing 11,802 weekly passenger trips.

Transport accessibility is rated excellent, with residents typically located 143 meters from the nearest stop. Service frequency averages 1,686 trips per day across all routes, equating to approximately 81 weekly trips per individual stop.

Macquarie Park - Marsfield's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Health outcomes data shows excellent results across Macquarie Park - Marsfield, with younger cohorts experiencing very low prevalence of common health conditions. The rate of private health cover is high at approximately 57% of the total population (around 16,240 people), compared to 62.1% across Greater Sydney.

Mental health issues and asthma are the most common medical conditions in the area, affecting 5.5 and 5.2% of residents respectively. About 78.8% of residents declare themselves completely clear of medical ailments, compared to 77.6% across Greater Sydney. The area has 12.5% of residents aged 65 and over (3,541 people), which is lower than the 16.3% in Greater Sydney. Health outcomes among seniors require more attention than the broader population.

Macquarie Park - Marsfield is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Macquarie Park-Marsfield is among the most culturally diverse areas in Australia, with 59.7% of its population speaking a language other than English at home and 61.4% born overseas. Christianity is the predominant religion in Macquarie Park-Marsfield, comprising 37.1% of people. However, Judaism is overrepresented compared to Greater Sydney, making up 0.6% versus 0.4%.

The top three ancestry groups are Chinese (26.6%), Other (17.1%), and English (12.3%). Notably, Korean (3.6%) and Indian (6.5%) are overrepresented compared to regional averages of 3.8% and 3.7%, respectively.

Macquarie Park - Marsfield hosts a young demographic, positioning it in the bottom quartile nationwide

Macquarie Park-Marsfield's median age is 33, which is younger than Greater Sydney's 37 and Australia's 38. Compared to Greater Sydney, Macquarie Park-Marsfield has a higher percentage of 25-34 residents (24.1%) but fewer 5-14 year-olds (7.5%). This 25-34 concentration is significantly above the national average of 14.5%. Between the 2021 Census and now, the 15 to 24 age group has increased from 14.2% to 18.6%, while the 55 to 64 cohort has decreased from 8.0% to 6.9%. By 2041, demographic forecasts indicate substantial changes in Macquarie Park-Marsfield's population. The 25 to 34 age group is projected to grow by 83%, adding 5712 residents and reaching a total of 12567.