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 was around 28,917 as of May 2026. This reflected an increase of 5,099 people since the 2021 Census, which reported a population of 23,818 people. The change was inferred from the estimated resident population of 28,887 in June 2025 and an additional 2,118 validated new addresses since the Census date. This resulted in a density ratio of 2,710 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. The area's growth of 21.4% since the 2021 census exceeded the state (7.1%) and Greater Sydney, marking it as a growth leader in the region. Population growth was primarily driven by overseas migration contributing approximately 93.1% of overall population gains during recent periods.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area released in 2024 with 2022 as the base year, and NSW State Government's SA2 level projections where data was not available, released in 2022 with 2021 as the base year. Growth rates by age group were applied to all areas for years 2032 to 2041. Based on demographic trends, exceptional growth is predicted over the period with the area expected to grow by 25,055 persons to 2041 based on the latest annual ERP population numbers, reflecting a gain of 86.5% in total over the 16 years.

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 FY26545 approvals have been recorded. On average, 1.1 new residents per year per dwelling constructed were recorded between FY21 and FY25, indicating a balanced supply and demand market with stable conditions. The average construction cost value for new homes was $303,000, in line with broader regional development.

This financial year has seen $838.5 million in commercial development approvals, suggesting robust local business investment. Compared to Greater Sydney, Macquarie Park - Marsfield shows 172% higher new home approvals per person, offering greater choice for buyers. However, building activity has slowed recently. The area's recent construction comprised 2% detached houses and 98% medium and high-density housing, creating more affordable entry points for downsizers, investors, and first-home buyers. With approximately 58 people per dwelling approval, the market is expanding. Future projections estimate Macquarie Park - Marsfield to add 25024 residents by 2041.

Development is keeping pace with projected growth, though increasing competition among buyers is expected as the population expands.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 56 projects likely to impact the area. Key projects include Macquarie Centre Redevelopment, MCentral at Macquarie Park, Herring Road in Macquarie Park, and Macquarie Rise. The following list details those 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.

Macquarie Park - Marsfield ranks among the top 25% of areas assessed nationally for overall employment performance

Macquarie Park - Marsfield has a highly educated workforce with strong representation in the technology sector. The unemployment rate was 2.9% as of December 2025. Employment growth over the past year was estimated at 5.3%.

As of that date, 18,262 residents were employed, with an unemployment rate of 1.3% below Greater Sydney's rate of 4.2%. Workforce participation was 73.7%, slightly higher than Greater Sydney's 68.8%. According to Census responses, 55.2% of residents worked from home, potentially influenced by Covid-19 lockdowns. The dominant employment sectors were professional & technical, health care & social assistance, and education & training.

The area showed strong specialization in professional & technical services with an employment share 1.4 times the regional level, while construction had limited presence at 4.5% compared to the regional average of 8.6%. There were 2.2 workers for every resident as at the Census, indicating it functions as an employment hub attracting workers from surrounding areas. Between December 2024 and December 2025, employment levels increased by 5.3%, labour force grew by 5.0%, leading to a fall in unemployment rate of 0.3 percentage points. In comparison, Greater Sydney recorded employment growth of 2.2% and labour force growth of 2.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Macquarie Park - Marsfield. National employment is forecast to expand by 6.6% over five years and 14.7% over ten years, with local projections suggesting a 7.2% increase over five years and 14.5% over ten years based on industry-specific growth rates applied to the area's employment mix.

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

The Macquarie Park - Marsfield SA2 has a very high national income level according to latest ATO data aggregated by AreaSearch for financial year 2023. The median income among taxpayers is $57,515 and the average income stands at $78,122, compared to Greater Sydney's figures of $60,817 and $83,003 respectively. Based on Wage Price Index growth of 10.32% since financial year 2023, current estimates would be approximately $63,451 (median) and $86,184 (average) as of March 2026. Census data shows household, family and personal incomes in Macquarie Park - Marsfield cluster around the 63rd percentile nationally. Income brackets indicate that 34.8% of the community earns between $1,500 and $2,999 (10,063 individuals), consistent with metropolitan trends showing 30.9% in the same category. High housing costs consume 20.4% of income, placing 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

Macquarie Park - Marsfield's dwelling structures, as per the latest Census, consisted of 16.3% houses and 83.7% other dwellings (semi-detached, apartments, 'other' dwellings). In contrast, Sydney metro had 55.9% houses and 44.1% other dwellings. Home ownership in Macquarie Park - Marsfield was at 20.7%, with mortgaged dwellings at 25.6% and rented ones at 53.7%. The median monthly mortgage repayment was $2,383, below Sydney metro's $2,427. Median weekly rent in Macquarie Park - Marsfield was $470, matching Sydney metro's figure but significantly higher than the national average of $375. Nationally, mortgage repayments were lower at $1,863.

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 2.7.

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

Macquarie Park - Marsfield has a notably high educational attainment among residents aged 15 and above, with 58.3% holding university qualifications compared to the national average of 30.4% and the NSW average of 32.2%. This is reflected in the prevalence of bachelor degrees (34.0%), postgraduate qualifications (21.6%), and graduate diplomas (2.7%). Vocational pathways are also pursued, with advanced diplomas accounting for 9.1% and certificates for 8.8%. Educational participation is 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, including lightrail and bus services. These stops are served by 53 individual routes, offering a total of 16,385 weekly passenger trips. Residents enjoy excellent transport accessibility, with an average distance of 143 meters to the nearest stop. The area is predominantly residential, with most commuters travelling outward. Cars remain the primary mode of transport at 59%, followed by trains at 17% and buses at 12%. Vehicle ownership averages 0.6 per dwelling, lower than the regional average.

According to the 2021 Census, 55.2% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency across all routes averages 2,340 trips per day, 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

Analysis of health metrics shows strong performance throughout Macquarie Park - Marsfield.

Mortality rates and chronic condition prevalence were low across both young and old age cohorts. Private health cover was found to be very high at approximately 58% of the total population, which is around 16,771 people. The most common medical conditions in the area were mental health issues and asthma, impacting 5.5 and 5.2% of residents respectively. A total of 78.8% of residents declared themselves completely clear of medical ailments, compared to 74.6% across Greater Sydney. The area has 12.0% of residents aged 65 and over, which is approximately 3,464 people, lower than the 15.5% 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 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 main religion in Macquarie Park-Marsfield, comprising 37.1% of people. Judaism, however, is overrepresented compared to Greater Sydney, making up 0.6% of the population versus 0.8%.

In terms of ancestry, the top three represented groups are Chinese (26.6%), Other (17.1%), and English (12.3%). Notably, Korean (3.6%) is overrepresented compared to the regional average of 1.1%, as are Indian (6.5% vs 3.6%) and Filipino (3.0% vs 2.0%) 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 38 years. Compared to Greater Sydney, Macquarie Park - Marsfield has a higher concentration of residents aged 25-34 (25.1%), but fewer residents aged 5-14 (7.2%). This 25-34 concentration is well above the national figure of 14.6%. Between the 2016 and 2021 censuses, the area's median age decreased by 1.3 years to 33 from 34. During this period, the population aged 15-24 grew from 14.2% to 18.7%, while the 25-34 cohort increased from 23.7% to 25.1%. Conversely, the 55-64 age group declined from 8.0% to 6.5%, and the 5-14 group dropped from 8.3% to 7.2%. By 2041, demographic modeling suggests that Macquarie Park - Marsfield's age profile will change significantly. The 25-34 age cohort is projected to rise substantially, increasing by 5,555 people (77%) from 7,255 to 12,811.