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 is around 28,407 as of Aug 2025. This reflects an increase of 4,589 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 1,703 validated new addresses since the Census date. This level of population equates to a density ratio of 2,662 persons per square kilometer. The area's 19.3% growth since the 2021 census exceeded the state's (6.4%) and SA4 region, marking it as a growth leader in the region. 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 2022 as the base year. For areas not covered, AreaSearch utilises NSW State Government's SA2 level projections, released in 2022 with 2021 as the base year. Growth rates by age group are applied to all areas for years 2032 to 2041. By 2041, based on latest population numbers, the area is predicted to increase by 27,957 persons, marking a total increase of 97.1% 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. The Australian Bureau of Statistics produces development approval data on a financial year basis, totaling 3,588 approvals from FY21 to FY25, with 4 approvals recorded so far in FY26. On average, about 1.1 new residents have arrived per new home each year over the past five financial years. This suggests balanced supply and demand dynamics, with new dwellings developed at an average expected construction cost of $597,000.

In FY26, there have been $838.5 million in commercial approvals, indicating significant commercial development momentum. Compared to Greater Sydney, Macquarie Park - Marsfield shows 176.0% higher new home approvals per capita, offering greater choice for buyers but with recent moderation in development activity. This is notably higher than the national average, suggesting strong developer confidence in the location. New building activity comprises 2.0% detached houses and 98.0% townhouses or apartments, favoring denser development to cater to downsizers, investors, and entry-level buyers. The area has about 58 people per dwelling approval, indicating a growing market. By 2041, projections estimate an addition of 27,575 residents in Macquarie Park - Marsfield, with building activity keeping pace with growth projections despite potential increased competition among buyers as the population expands.

Future projections show Macquarie Park - Marsfield adding 27,575 residents by 2041. Building activity is keeping pace with growth projections, though buyers may experience heightened competition as the population grows.

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

AreaSearch has identified a total of 63 projects that could impact the area, with key projects including MCentral Macquarie Park, Ivanhoe Estate Redevelopment (Midtown Macquarie Park), Macquarie Rise, and Lachlan's Line Apartments - 3 Halifax Street. The following list details those most likely to be relevant.

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

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

Macquarie Park - Marsfield has an educated workforce with a strong technology sector. Its unemployment rate was 3.0% as of the past year, with estimated employment growth of 11.5%.

As of June 2025, 17,798 residents are employed, with an unemployment rate of 1.2% below Greater Sydney's rate of 4.2%. Key industries include professional & technical, health care & social assistance, and education & training. The area specializes in professional & technical services, with employment share at 1.4 times the regional level, but has lower representation in construction at 4.5% compared to the regional average of 8.6%. There are 2.2 workers per resident, indicating it functions as an employment hub attracting workers from nearby areas.

Between June 2024 and June 2025, employment increased by 11.5%, labour force grew by 11.3%, reducing the unemployment rate by 0.2 percentage points. In comparison, Greater Sydney had employment growth of 2.6% and unemployment rose by 0.3 percentage points. State-level data to Sep-25 shows NSW employment contracted by 0.41%, with an unemployment rate of 4.3%. National forecasts from Jobs and Skills Australia project national employment growth of 6.6% over five years and 13.7% over ten years, but local projections suggest Macquarie Park - Marsfield's growth could be approximately 7.2% over five years and 14.5% over ten years based on its industry 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 national income levels. The median income is $53,523 and the average is $75,633. Greater Sydney's median income is $56,994 with an average of $80,856. Based on a 10.6% Wage Price Index growth since financial year 2022, estimates for March 2025 are approximately $59,196 (median) and $83,650 (average). The 2021 Census shows incomes in Macquarie Park - Marsfield cluster around the 64th percentile nationally. The income bracket of $1,500-$2,999 dominates with 34.8% of residents. Housing costs consume 20.4% of income, but strong earnings place disposable income at the 55th percentile. 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

In Macquarie Park - Marsfield, as evaluated at the latest Census in 2016, dwellings comprised 16.3% houses and 83.7% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. In comparison, Sydney metropolitan area had 42.9% houses and 57.1% other dwellings. Home ownership in Macquarie Park - Marsfield was at 20.7%, with the rest of dwellings either mortgaged (25.6%) or rented (53.7%). The median monthly mortgage repayment was $2,383 as of 2016, lower than Sydney metro's average of $2,600. Meanwhile, the median weekly rent figure stood at $470 compared to Sydney metro's $460. Nationally, Macquarie Park - Marsfield's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375 as per 2016 data.

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 account for 38.3%, with lone person households at 31.3% and group households comprising 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 significantly surpasses broader benchmarks, with 58.3% of residents aged 15+ holding 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, 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, 6.7% in primary, and 4.3% pursuing secondary education.

There are seven schools operating within Macquarie Park - Marsfield, educating approximately 2,785 students. The area demonstrates above-average socio-educational conditions (ICSEA: 1057). The educational mix includes four primary, one secondary, and two K-12 schools. School places per 100 residents are lower than the regional average at 9.8 compared to 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 shows 144 active transport stops in Macquarie Park - Marsfield, including lightrail and bus services. These stops are served by 51 routes, providing a total of 11,802 weekly passenger trips. Residential accessibility to public transport is rated excellent, with residents located an average of 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 in Macquarie Park - Marsfield, with younger cohorts experiencing a very low prevalence of common health conditions. Private health cover is high, with approximately 57% of the total population (~16,220 people) having it, compared to Greater Sydney's 62.1%.

The most prevalent medical conditions are mental health issues (5.5%) and asthma (5.2%), while 78.8% of residents report being completely clear of medical ailments, slightly higher than Greater Sydney's 77.6%. The area has 12.5% of residents aged 65 and over (3,536 people), lower than the 16.3% in Greater Sydney. Health outcomes among seniors require more attention despite their lower prevalence.

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

The top three ancestry groups are Chinese (26.6%), Other (17.1%), and English (12.3%). There are also significant differences in the representation of Korean (3.6% vs regional 3.8%), Russian (0.6% vs 0.5%), and Indian (6.5% vs 3.7%) ethnic groups.

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 (24.1%) but fewer residents aged 5-14 (7.5%). This 25-34 concentration is significantly higher than the national average of 14.5%. Between the 2021 Census and present, the population aged 15 to 24 has increased from 14.2% to 18.6%, while the 55 to 64 cohort has decreased from 8.0% to 6.9%. By 2041, Macquarie Park-Marsfield's population is projected to experience substantial demographic changes. The 25 to 34 age group is forecasted to grow by 84%, adding 5,720 residents and reaching a total of 12,567.