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

According to the analysis by AreaSearch, the population of Macquarie Park - Marsfield is approximately 28,917 as of May 2026. This represents a growth of 5,099 individuals (21.4%) relative to the 2021 Census, which recorded 23,818 people. This shift is calculated using the ABS estimated resident population of 28,887 from June 2025 alongside 2,118 validated new addresses registered after the Census date. With these numbers, the population density stands at 2,710 persons per square kilometer, placing the location in the top quartile of national areas analyzed by AreaSearch. The area's 21.4% expansion since the 2021 census outstripped the state average (7.1%) and Greater Sydney, making it a regional leader in growth. This upward trajectory was chiefly fueled by overseas migration, which accounted for roughly 93.1% of all population increases in recent times.

AreaSearch utilizes ABS and Geoscience Australia projections for each SA2 region, which were published in 2024 using 2022 as the baseline. For SA2 regions lacking this coverage, projections from the NSW State Government released in 2022 with a 2021 baseline are substituted. Projected growth rates across age ranges from these combined datasets are also applied to all areas for the years 2032 to 2041. Looking at future demographic trends, the region is projected to experience remarkable growth that ranks in the top 10 percent of statistical areas nationwide. The population is anticipated to expand by 25,055 persons by 2041 based on the most recent annual ERP figures, representing a total increase of 86.5% over the 16 years.

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

In Macquarie Park - Marsfield, development approvals have averaged approximately 717 dwellings per year, resulting in 3,588 homes over the last 5 financial years. Thus far in FY-26, there have been 555 approvals registered. An average of 1.3 people per year relocated to the locality for each constructed dwelling during the 5 financial years spanning FY-21 to FY-25, indicating that supply is well-aligned with demand to support a balanced market, with new dwellings built at an average value of $303,000, consistent with wider regional trends. Furthermore, commercial approvals have reached $838.5 million during the current financial year, demonstrating robust commercial development progress.

Macquarie Park - Marsfield registers 172.0% more new residential approvals per capita than Greater Sydney, offering broader options for purchasers, even though construction pace has decreased in recent times. This volume is significantly higher than the national average, showing high developer trust in the local market. New building approvals consist of 2.0% detached houses and 98.0% attached dwellings. The emphasis on higher-density housing options offers more affordable entry options and appeals to downsizers, investors, and first-time buyers. Having approximately 61 people per dwelling approval, Macquarie Park - Marsfield displays the typical indicators of a growth corridor.

Future estimates indicate that Macquarie Park - Marsfield will gain 25,024 residents by 2041, calculated from the most recent AreaSearch quarterly projection. Construction activity is progressing at a reasonable rate relative to this anticipated growth, though buyers might face increased competition as the population expands.

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

Local infrastructure, major projects, and development strategies are key drivers of regional performance. AreaSearch has identified a total of 56 projects expected to impact the local area. Principal developments include the Macquarie Centre Redevelopment, MCentral Macquarie Park, Herring Road, Macquarie Park, and Macquarie Rise, with the following list detailing the most relevant projects.

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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 employment environment in Macquarie Park - Marsfield shows above-average strength when compared nationally

The workforce in Macquarie Park - Marsfield is highly educated, with substantial representation in the technology sector, an unemployment rate of just 3.2%, and an estimated employment growth of 0.5% over the previous year. As of March 2026, employed residents count 17,994, with an unemployment rate 0.9% lower than the Greater Sydney average of 4.1%, while workforce participation is standard at 72.9% compared to 69.1% in Greater Sydney. Census data indicates that a notable 55.2% of residents worked from home, though this may have been influenced by Covid-19 restrictions.

The primary employment sectors for local residents are professional & technical, health care & social assistance, and education & training. The locality displays a strong specialization in professional & technical services, with an employment share that is 1.4 times the regional proportion. Conversely, the construction sector is less prominent, employing 4.5% of the workforce compared to 8.6% across the region. With 2.2 workers for every resident at the time of the Census, the area acts as a major employment center, generating more jobs than it has resident workers and drawing commuters from neighboring areas.

AreaSearch's analysis of SALM and ABS statistics shows that during the 12-month period, employment rose by 0.5% while the labour force expanded by 0.8%, leading to a 0.3 percentage point increase in the unemployment rate. In comparison, Greater Sydney saw employment rise by 1.9%, the labour force grow by 1.9%, and unemployment experience a minor decline. National employment forecasts from Jobs and Skills Australia as of May-25 provide additional context for future demand trends in Macquarie Park - Marsfield. These five and ten-year projections have been aligned with the local industry profile to estimate future growth patterns. While national employment is projected to grow by 6.6% over five years and 13.7% over ten years, growth rates vary widely by industry. Applying these industry projections to the local employment mix suggests Macquarie Park - Marsfield's employment is set to rise by 7.2% over five years and 14.5% over ten years, though this is a basic weighted extrapolation for illustration and excludes local population projections.

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

The Macquarie Park - Marsfield SA2 exhibits income levels that are significantly above the national average, according to the latest ATO statistics compiled by AreaSearch for financial year 2023. The median income for taxpayers in this SA2 is $57,515, while the average income is $78,122, compared to Greater Sydney averages of $60,817 and $83,003. Factoring in Wage Price Index growth of 10.32% since financial year 2023, current estimates correspond to roughly $63,451 for median income and $86,184 for average income as of March 2026. Data from the 2021 Census reveals that household, family, and individual incomes in Macquarie Park - Marsfield sit around the 63rd percentile nationally. Analysis shows that 34.8% of the population, representing 10,063 individuals, earn in the $1,500 - 2,999 range, which is close to the metropolitan average of 30.9%. High housing costs account for 20.4% of earnings, yet strong wages keep disposable income at the 55th percentile, and the area's SEIFA income metric 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 distribution of dwellings in Macquarie Park - Marsfield, recorded in the recent Census, consisted of 16.3% separate houses and 83.7% alternative housing options like semi-detached properties, apartments, and other dwellings, compared to the Sydney metro profile of 55.9% houses and 44.1% other dwellings. Furthermore, home ownership in Macquarie Park - Marsfield was below the Sydney metro level at 20.7%, with the remaining properties being mortgaged (25.6%) or occupied by renters (53.7%). The median monthly mortgage payment was below the Sydney metropolitan average at $2,383, whereas the median weekly rent was $470, compared to Sydney metro averages of $2,427 and $470. Nationally, mortgage costs in Macquarie Park - Marsfield are notably higher than the Australian median of $1,863, and weekly rents are considerably higher than 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 represent the majority of dwellings at 61.7%, consisting of 24.7% couples with children, 27.4% couples without children, and 7.6% single parents. Non-family households constitute the remaining 38.3% of homes, including lone person households at 31.3% and group living situations at 7.0%. The median household occupancy is 2.2 people, which is below the Greater Sydney median 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 is notably high compared to broader averages, with 58.3% of residents aged 15+ holding a university degree, compared to 30.4% across Australia and 32.2% in NSW. This educational trend prepares the area well for knowledge-intensive sectors. Bachelor degrees represent the largest share at 34.0%, followed by postgraduate degrees at 21.6% and graduate diplomas at 2.7%. Vocational education accounts for 17.9% of credentials among residents aged 15 and over, split between advanced diplomas at 9.1% and certificates at 8.8%.

Enrollment in education is remarkably high, with 32.7% of the population currently undertaking formal study. This comprises 15.4% of residents in higher education, 6.7% in primary school, and 4.3% in secondary school.

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

Public transport analysis identifies 163 active transit stops in Macquarie Park - Marsfield, consisting of light rail and bus services. These locations are served by 53 separate routes, generating 16,385 passenger journeys weekly. Transit access is classified as excellent, with residents living an average of 143 meters from the nearest stop. Due to the area's residential nature, the majority of commuters travel outwards, with private cars remaining the primary travel mode at 59%, followed by trains at 17% and buses at 12%. Vehicle ownership averages 0.6 per household, which is below the regional median. A high proportion of residents, 55.2%, worked from home, recorded during the 2021 Census, which may reflect pandemic-era conditions.

Service frequency averages 2,340 daily journeys across all routes, representing approximately 100 weekly trips per individual transit stop. The corresponding map highlights the 100 closest stops to the center of the locality.

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

Assessments of health indicators demonstrate positive outcomes across Macquarie Park - Marsfield, based on AreaSearch's analysis of mortality rates and the prevalence of chronic illnesses, with both younger and older cohorts displaying low rates of standard medical conditions, while private health insurance coverage is high at approximately 58% of the population, representing about 16,771 people.

The most prevalent health concerns in the locality are mental health conditions and asthma, affecting 5.5% and 5.2% of residents respectively, whereas 78.8% of individuals reported being free of any chronic medical conditions, compared to 74.6% in Greater Sydney. The population includes 12.0% of residents aged 65 and over, numbering 3,464 people, which is lower than the Greater Sydney proportion of 15.5%. Health status among older residents is strong, with national percentiles matching 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 ranks among the most culturally diverse localities in the nation, with 59.7% of the population speaking a non-English language at home and 61.4% born overseas. The principal religious affiliation in Macquarie Park - Marsfield is Christianity, representing 37.1% of the local population. However, the most pronounced variance from regional averages is in Judaism, which accounts for 0.6% of residents, compared to 0.8% across Greater Sydney.

Regarding family ancestry, the three most common backgrounds in Macquarie Park - Marsfield are Chinese, representing 26.6% of the population, which is significantly above the regional average of 8.4%, Other, at 17.1%, and English, at 12.3%, which is lower than the regional average of 19.0%. Other distinct demographic differences include Korean ancestry representing 3.6% of the local population compared to 1.1% regionally, Indian at 6.5% compared to 3.6% regionally, and Filipino at 3.0% compared to 2.0% regionally.

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

With a median age of 33, Macquarie Park - Marsfield has a younger demographic than Greater Sydney at 37 and Australia at 38 years. Relative to Greater Sydney, Macquarie Park - Marsfield features a larger share of residents aged 25 - 34 (25.1%) but fewer children aged 5 - 14 (7.2%). The concentration of residents aged 25 - 34 is higher than the national share of 14.6%. The median age has dropped by 1.3 years to 33 from 34 since the 2021 Census. Specifically, the 15 to 24 age bracket increased from 14.2% to 18.7% of the population, while the 25 to 34 group grew from 23.7% to 25.1%. In contrast, the 55 to 64 group decreased from 8.0% to 6.5% and the 5 to 14 group fell from 8.3% to 7.2%. Demographic projections indicate that the age profile in Macquarie Park - Marsfield will change by 2041, with the 25 to 34 cohort estimated to increase by 5,555 people (77%) from 7,255 to 12,811.