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

Macquarie Park - Marsfield's population is around 28,990 as of Feb 2026. This reflects an increase of 5,172 people 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 level of population 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 growth rate of 21.7% since the 2021 Census exceeded the state's rate of 7.8%. Population growth was primarily driven by overseas migration contributing approximately 91.7% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, AreaSearch utilises NSW State Government's SA2 level projections released in 2022 with a base year of 2021. Growth rates by age group are applied to all areas for years 2032 to 2041. By 2041, the area is expected to increase by 27,957 persons based on the latest annual ERP population numbers, reflecting a total increase of 93.1% over the 17-year period.

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

Macquarie Park - Marsfield has seen approximately 717 new homes approved each year over the past five financial years, totalling 3588 homes. As of FY26526 approvals have been recorded. On average, 1.1 new residents arrive per new home annually between FY21 and FY25, indicating a balanced supply and demand market with stable conditions. The average construction value for new dwellings is $303,000, aligning with broader regional development figures.

This financial year has seen $838.5 million in commercial approvals, suggesting robust local business investment. Compared to Greater Sydney, Macquarie Park - Marsfield records 176% more new home approvals per person, offering greater choice for buyers despite recent easing of construction activity. Nationally, this reflects strong developer confidence in the area. New building activity shows a trend towards denser development, with 2.0% detached houses and 98.0% townhouses or apartments, providing accessible entry options appealing to downsizers, investors, and first-time buyers. The location has approximately 58 people per dwelling approval, indicating an expanding market. According to AreaSearch's latest quarterly estimate, Macquarie Park - Marsfield is projected to gain 26992 residents by 2041.

Construction maintains a reasonable pace with projected growth, though buyers may face increasing competition as population increases.

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

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 56 projects that are expected to impact the area. Notable projects include MCentral Macquarie Park, Macquarie Centre Redevelopment, Macquarie Rise, and Lachlan's Line Apartments - 3 Halifax Street. The following list provides details on those projects likely to be most 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.

The labour market strength in Macquarie Park - Marsfield positions it well ahead of most Australian regions

Macquarie Park - Marsfield has a highly educated workforce with significant representation in the technology sector. The unemployment rate was 2.5% as of September 2025. Employment growth over the past year is estimated at 11.1%.

There are 18,587 residents employed, with an unemployment rate of 1.7%, which is below Greater Sydney's rate of 4.2%. Workforce participation in the area is high at 77.4%. According to Census responses, 55.2% of residents work from home. The leading employment industries are professional & technical, health care & social assistance, and education & training.

The area shows strong specialization in professional & technical services with an employment share of 1.4 times the regional level. Conversely, construction has lower representation at 4.5% compared to the regional average of 8.6%. There are 2.2 workers for every resident, indicating that the area functions as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. Between September 2024 and September 2025, employment increased by 11.1% while the labour force grew by 10.3%, causing the unemployment rate to fall by 0.7 percentage points. In comparison, Greater Sydney recorded employment growth of 2.1%, labour force growth of 2.4%, with unemployment rising 0.2 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Macquarie Park - Marsfield's employment should increase by 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 latest postcode level ATO data for financial year ending June 2023 shows that Macquarie Park - Marsfield SA2 has a median income of $57,515 and an average income of $78,122. This compares to Greater Sydney's median income of $60,817 and average income of $83,003. Based on Wage Price Index growth of 8.86% since financial year ending June 2023, estimated incomes for September 2025 would be approximately $62,611 (median) and $85,044 (average). According to the 2021 Census, Macquarie Park - Marsfield's household, family, and personal incomes are at the 63rd percentile nationally. The income bracket of $1,500 - $2,999 dominates with 34.8% of residents (10,088 people). High housing costs consume 20.4% of income. Despite this, disposable income is 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

Macquarie Park-Marsfield's dwelling structure in 2016 comprised 16.3% houses and 83.7% other dwellings compared to Sydney metro's 55.9% houses and 44.1% other dwellings. Home ownership was at 20.7%, with mortgaged dwellings at 25.6% and rented ones at 53.7%. The median monthly mortgage repayment in 2016 was $2,383, below Sydney metro's average of $2,427. Median weekly rent was $470, equal to Sydney metro's figure. Nationally, Macquarie Park-Marsfield's mortgage repayments were higher at $2,383 compared to the Australian average of $1,863, while 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 constitute 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 comprise 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 2.7.

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

Macquarie Park-Marsfield has a significantly higher educational attainment than national and state averages. 58.3% of its residents aged 15 and above have university qualifications, compared to 30.4% in Australia and 32.2% in NSW. This high level of educational attainment is dominated by bachelor degrees (34.0%), followed by postgraduate qualifications (21.6%) and graduate diplomas (2.7%). Vocational pathways account for 17.9% of qualifications, with advanced diplomas at 9.1% and certificates at 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

Macquarie Park - Marsfield has 163 active public transport stops offering a mix of light rail and bus services. These stops are served by 53 individual routes, facilitating 16,385 weekly passenger trips in total. Transport accessibility is high, with residents typically located 143 meters from the nearest stop. As a predominantly residential area, most commutes are outward-bound. Cars remain the primary mode of transport at 59%, followed by trains at 17% and buses at 12%. The average vehicle ownership per dwelling is 0.6, below the regional average.

According to the 2021 Census, 55.2% of residents work from home, which may be influenced by COVID-19 conditions. On average, there are 2,340 trips daily across all routes, equating to approximately 100 weekly trips per individual stop. The accompanying map displays the 100 nearest stops to the location's centrepoint.

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

Macquarie Park - Marsfield shows robust health metrics according to AreaSearch's evaluation of mortality rates and chronic condition prevalence.

Both younger and older age groups exhibit low incidence of common health issues. Private health insurance coverage is notably high at approximately 58% of the total population, which numbers around 16,814 people. The most prevalent medical conditions in the area are mental health concerns and asthma, affecting 5.5% and 5.2% of residents respectively. A significant majority, 78.8%, report being entirely free from medical ailments, compared to 74.6% across Greater Sydney. The area has 12.5% of its population aged 65 and over, comprising approximately 3,632 people, which is lower than the 15.4% recorded in Greater Sydney. Health outcomes among seniors are commendable, aligning with national rankings for 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 Australia, with 59.7% of its population speaking a language other than English at home and 61.4% born overseas as of 2016 Census data. Christianity is the predominant religion in Macquarie Park-Marsfield, comprising 37.1% of people. However, Judaism is notably overrepresented compared to Greater Sydney, making up 0.6% versus 0.8%.

In terms of ancestry, the top three groups are Chinese (26.6%), Other (17.1%), and English (12.3%). Notably, Korean (3.6%) and Indian (6.5%) populations are overrepresented compared to regional averages of 1.1% and 3.6%, respectively. Additionally, Filipino ancestry is slightly higher than the regional average at 3.0%.

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

Macquarie Park-Marsfield has a median age of 33, which is younger than Greater Sydney's figure of 37 and Australia's national average of 38 years. Compared to Greater Sydney, Macquarie Park-Marsfield has a higher proportion of residents aged 25-34 (23.8%), but fewer residents aged 5-14 (7.4%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.4%. Between the 2021 Census and present, the proportion of residents aged 15 to 24 has increased from 14.2% to 18.6%, while the proportion of those aged 55 to 64 has decreased from 8.0% to 6.9%. Population forecasts for 2041 suggest substantial demographic changes in Macquarie Park-Marsfield, with the 25-34 age group projected to grow by 82%, adding 5,673 residents to reach a total of 12,567.