Macquarie Park - Marsfield

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

Based on AreaSearch's analysis, Macquarie Park - Marsfield's population is around 28,990 as of Feb 2026. This reflects an increase of 5,172 people (21.7%) since the 2021 Census, which reported a population of 23,818 people. The change is inferred from the estimated resident population of 28,025 from the ABS as of June 2024 and an additional 1,684 validated new addresses since the Census date. This population level equates to a density ratio of 2,717 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Macquarie Park - Marsfield's 21.7% growth since the 2021 census exceeded the state (7.8%) and the SA4 region, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration, which contributed approximately 91.7% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Regarding demographic trends, exceptional growth, placing it in the top 10 percent of statistical areas analysed by AreaSearch, is predicted over the period, with the area expected to increase by 27,957 persons by 2041 based on the latest annual ERP population numbers, reflecting an increase of 93.1% in total over the 17 years.

AreaSearch assessment of residential development activity positions Macquarie Park - Marsfield among the top 25% of areas assessed nationwide

Macquarie Park - Marsfield has seen around 717 new homes approved each year, totalling 3,588 homes over the past 5 financial years. So far in FY-26530 approvals have been recorded. At an average of 1.1 new residents per year arriving per new home over the past 5 financial years (between FY-21 and FY-25), the market shows a good balance between supply and demand, supporting stable conditions, while new dwellings are developed at an average value of $303,000, aligned with broader regional development. Additionally, $838.5 million in commercial approvals have been registered this financial year, suggesting robust local business investment.

Relative to Greater Sydney, Macquarie Park - Marsfield records 176.0% more new home approvals (per person), creating greater choice for buyers, though construction activity has eased recently. This is well above average nationally, reflecting strong developer confidence in the area. New building activity shows 2.0% detached houses and 98.0% townhouses or apartments. This trend toward denser development provides accessible entry options and appeals to downsizers, investors, and entry-level buyers. The location has approximately 58 people per dwelling approval, indicating an expanding market.

Population forecasts indicate Macquarie Park - Marsfield will gain 26,992 residents through to 2041 (from the latest AreaSearch quarterly estimate). Construction is maintaining a reasonable pace with projected growth, although buyers could encounter growing competition as population increases.

Macquarie Park - Marsfield has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects and planning initiatives. In total 56 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include MCentral Macquarie Park, Macquarie Centre Redevelopment, Macquarie Rise, and Lachlan's Line Apartments - 3 Halifax Street, with the list below detailing those likely to be of most relevance.

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 possesses a highly educated workforce, with the technology sector a particular standout in terms of representation, an unemployment rate of just 2.9%, and 5.3% in estimated employment growth over the past year. As of December 2025, 18,262 residents are in work while the unemployment rate is 1.3% below Greater Sydney's rate of 4.2%, and workforce participation is well beyond standard (76.4% compared to Greater Sydney's 70.2%). Based on Census responses, a high 55.2% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Leading employment industries among residents comprise professional & technical, health care & social assistance, and education & training. The area shows particularly strong specialization in professional & technical, with an employment share of 1.4 times the regional level. Conversely, construction shows lower representation at 4.5% versus the regional average of 8.6%. With 2.2 workers for every resident, as at the Census, the area functions as an employment hub, hosting more jobs than residents and attracting workers from surrounding areas.

Based on AreaSearch analysis of SALM and ABS data, the 12-month period saw employment increasing by 5.3% alongside labour force increasing by 5.0%, causing the unemployment rate to fall by 0.3 percentage points. By comparison, Greater Sydney recorded employment growth of 2.2%, labour force growth of 2.3%, with unemployment rising marginally. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Macquarie Park - Marsfield. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Macquarie Park - Marsfield's employment mix suggests local employment should increase by 7.2% over five years and 14.5% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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

AreaSearch's latest postcode level ATO data for FY-23 reveals that income in the Macquarie Park - Marsfield SA2 is very high nationally, with the median assessed at $57,515 while the average income stands at $78,122. This contrasts to Greater Sydney's figures of a median income of $60,817 and an average income of $83,003. Based on Wage Price Index growth of 8.86% since FY-23, current estimates would be approximately $62,611 (median) and $85,044 (average) as of September 2025. From the 2021 Census, household, family and personal incomes in Macquarie Park - Marsfield cluster around the 63rd percentile nationally. Income brackets indicate the $1,500 - 2,999 bracket dominates with 34.8% of residents (10,088 people), consistent with broader trends across the region showing 30.9% in the same category. High housing costs consume 20.4% of income, though strong earnings still place disposable income at the 55th percentile and 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

Dwelling structure within Macquarie Park - Marsfield, as evaluated at the latest Census, comprised 16.3% houses and 83.7% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Sydney metro's 55.9% houses and 44.1% other dwellings. Meanwhile, the level of home ownership within Macquarie Park - Marsfield lagged that of Sydney metro, at 20.7%, with the remainder of dwellings either mortgaged (25.6%) or rented (53.7%). The median monthly mortgage repayment in the area was below the Sydney metro average at $2,383, while the median weekly rent figure was recorded at $470, compared to Sydney metro's $2,427 and $470. Nationally, Macquarie Park - Marsfield's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are 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 dominate at 61.7% of all households, comprising 24.7% couples with children, 27.4% couples without children, and 7.6% single parent families. Non-family households make up the remaining 38.3%, with lone person households at 31.3% and group households comprising 7.0% of the total. The median household size of 2.2 people is smaller than the Greater Sydney average of 2.7.

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 significantly surpasses broader benchmarks, with 58.3% of residents aged 15+ holding university qualifications compared to 30.4% in Australia and 32.2% in NSW. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead 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+ - advanced diplomas (9.1%) and certificates (8.8%).

Educational participation is notably high, with 32.7% of residents currently enrolled in formal education. This includes 15.4% in tertiary education, 6.7% in primary education, and 4.3% pursuing secondary education.

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

Public transport analysis reveals 163 active transport stops operating within Macquarie Park - Marsfield, comprising a mix of light rail and buses. These stops are serviced by 53 individual routes, collectively providing 16,385 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 143 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 59%, with 17% by train and 12% by bus. Vehicle ownership averages 0.6 per dwelling, below the regional average. A high 55.2% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 2,340 trips per day across all routes, equating to approximately 100 weekly trips per individual stop. The accompanying map shows the 100 nearest stops to the location centrepoint.

Macquarie Park - Marsfield's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Macquarie Park - Marsfield, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Both young and old age cohorts see low prevalence of common health conditions, and the rate of private health cover is very high at approximately 58% of the total population (~16,814 people).

The most common medical conditions in the area were found to be mental health issues and asthma, impacting 5.5 and 5.2% of residents, respectively, while 78.8% declared themselves as completely clear of medical ailments compared to 74.6% across Greater Sydney. The area has 12.5% of residents aged 65 and over (3,632 people), which is lower than the 15.4% in Greater Sydney. Health outcomes among seniors are particularly strong, with national rankings broadly in line with the general 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 the country, with 59.7% of its population speaking a language other than English at home and 61.4% born overseas. The main religion in Macquarie Park - Marsfield is Christianity, which makes up 37.1% of the population. However, there is a notable representation of Judaism, which comprises 0.6% of the population, compared to 0.8% across Greater Sydney.

In terms of ancestry (country of birth of parents), the top three represented groups in Macquarie Park - Marsfield are Chinese, comprising 26.6% of the population, which is substantially higher than the regional average of 8.4%, Other, comprising 17.1% of the population, and English, comprising 12.3% of the population, which is notably lower than the regional average of 19.0%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Korean is overrepresented at 3.6% in Macquarie Park - Marsfield (vs 1.1% regionally), Indian at 6.5% (vs 3.6%), and Filipino at 3.0% (vs 2.0%).

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

With a median age of 33, Macquarie Park - Marsfield is materially younger than the Greater Sydney figure of 37 and is substantially under Australia's 38 years. Relative to Greater Sydney, Macquarie Park - Marsfield has a higher concentration of 25 - 34 residents (23.8%) but fewer 5 - 14 year-olds (7.4%). This 25 - 34 concentration is well above the national 14.4%. Since the 2021 Census, the 15 to 24 age group has grown from 14.2% to 18.6% of the population. Conversely, the 55 to 64 cohort has declined from 8.0% to 6.9%. Population forecasts for 2041 indicate substantial demographic changes for Macquarie Park - Marsfield. The 25 to 34 cohort shows the strongest projected growth at 82%, adding 5,673 residents to reach 12,567.