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 was around 28,407 as of Aug 2025. This reflected an increase of 4,589 people since the 2021 Census, which reported a population of 23,818 people. The change was 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 equated to a density ratio of 2,662 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Macquarie Park - Marsfield's growth of 19.3% since the 2021 census exceeded the state's growth rate of 6.4%. Population growth was primarily driven by overseas migration, contributing approximately 91.7% of overall population gains during recent periods.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilized the NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations were applied to all areas for years 2032 to 2041. Based on demographic trends and latest population numbers, exceptional growth was predicted over the period, with the area expected to increase by 27,957 persons to 2041, marking an overall increase of 97.1% over the 17 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

Macquarie Park - Marsfield has seen approximately 717 new homes approved each year over the past five financial years, totalling 3588 homes. So far in FY26, 9 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 cost of new dwellings is $597,000, aligning with broader regional development figures.

This financial year has seen $838.5 million in commercial approvals, reflecting 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, appealing to downsizers, investors, and entry-level buyers. The location has approximately 58 people per dwelling approval, suggesting an expanding market. Population forecasts indicate Macquarie Park - Marsfield will gain 27575 residents by 2041.

Construction is maintaining pace with projected growth, although increasing population may lead to growing competition among buyers.

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

Infrastructure changes significantly influence an area's performance. AreaSearch identified 57 projects likely impacting the area. Notable projects include MCentral at Macquarie Park, Macquarie Rise, Lachlan's Line Apartments at 3 Halifax Street, and Macquarie Centre Redevelopment. 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.

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

Macquarie Park - Marsfield has a highly educated workforce with significant representation in the technology sector. The unemployment rate was 3.0% as of June 2025, showing an estimated employment growth of 11.5% over the past year.

There were 17,798 residents employed at this time, with an unemployment rate of 1.2% below Greater Sydney's rate of 4.2%. Workforce participation was 63.9%, slightly higher than Greater Sydney's 60.0%. The leading employment industries among residents included professional & technical services, health care & social assistance, and education & training. Notably, the area had a strong specialization in professional & technical services with an employment share of 1.4 times the regional level, while construction showed lower representation at 4.5% compared to the regional average of 8.6%.

The area functioned as an employment hub with 2.2 workers for every resident as per the Census data. Over a 12-month period ending in June 2025, employment increased by 11.5% alongside labour force growth of 11.3%, resulting in a decrease in unemployment rate by 0.2 percentage points. In contrast, Greater Sydney recorded employment growth of 2.6%, labour force growth of 2.9%, and an increase in unemployment by 0.3 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from May 2025 indicated that national employment was projected to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Macquarie Park - Marsfield's employment mix suggested local growth of approximately 7.2% over five years and 14.5% over ten years, although these are simple extrapolations for illustrative purposes and do not account for localized 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 financial year ended June 2022 shows median income in Macquarie Park - Marsfield at $53,523 and average income at $75,633. In Greater Sydney, median income was $56,994 and average income was $80,856. By September 2025, estimated median income in Macquarie Park - Marsfield is approximately $60,272 and average income is around $85,170, based on Wage Price Index growth of 12.61% since June 2022. According to the Census conducted in August 2021, incomes in Macquarie Park - Marsfield cluster around the 64th percentile nationally. The income bracket $1,500 - $2,999 has 34.8% of residents (9,885 people), similar to the broader region's 30.9%. Housing costs consume 20.4% of income, but strong earnings place 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

As per the latest Census evaluation in Macquarie Park - Marsfield, dwelling structures consisted of 16.3% houses and 83.7% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metropolitan areas had 42.9% houses and 57.1% other dwellings. Home ownership in Macquarie Park - Marsfield was recorded at 20.7%, with mortgaged dwellings at 25.6% and rented dwellings at 53.7%. The median monthly mortgage repayment in the area was $2,383, lower than Sydney metro's average of $2,600. The median weekly rent figure for Macquarie Park - Marsfield was $470, slightly higher than Sydney metro's $460. Nationally, mortgage repayments were significantly higher at $1,863 and rents 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 account for 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 2.5.

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 as of 2021 data. 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 as of the latest census data.

This includes 15.4% in tertiary education, 6.7% in primary education, and 4.3% pursuing secondary education. A total of 7 schools operate within Macquarie Park - Marsfield, educating approximately 2,785 students while the area demonstrates above-average socio-educational conditions (ICSEA: 1057) as of recent reports. The educational mix includes 4 primary, 1 secondary, and 2 K-12 schools. School places per 100 residents (9.8) fall below the regional average (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

Macquarie Park - Marsfield has 144 active public transport stops. These include lightrail and bus services. There are 51 individual routes operating in the area.

Together, these routes provide 11,802 weekly passenger trips. Residents have excellent transport accessibility, with an average distance of 143 meters to the nearest stop. The service frequency is 1,686 trips per day across all routes, which equals 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 across Macquarie Park - Marsfield, with younger cohorts having a very low prevalence of common health conditions. The rate of private health cover is high at approximately 57% of the total population (around 16,220 people), compared to 62.1% across Greater Sydney.

Mental health issues and asthma are the most common medical conditions in the area, affecting 5.5 and 5.2% of residents respectively. About 78.8% of residents declare themselves completely clear of medical ailments, compared to 77.6% across Greater Sydney. The area has 12.5% of residents aged 65 and over (3,536 people), which is lower than the 16.3% in Greater Sydney. Health outcomes among seniors require more attention despite being strong overall.

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 2021 census data. Christianity is the predominant religion, comprising 37.1% of people in Macquarie Park-Marsfield. However, Judaism is notably overrepresented compared to Greater Sydney, making up 0.6% versus 0.4%.

In terms of ancestry, the top three groups are Chinese (26.6%, substantially higher than the regional average of 20.9%), Other (17.1%), and English (12.3%). There are also notable divergences in representation for Korean (3.6% vs 3.8%), Russian (0.6% vs 0.5%), and Indian (6.5% vs 3.7%) groups compared to the regional averages.

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 percentage 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 the present, the population aged 15 to 24 has increased from 14.2% to 18.6%, while the percentage of those aged 55 to 64 has decreased from 8.0% to 6.9%. By 2041, demographic forecasts indicate substantial changes in Macquarie Park-Marsfield's population structure. The 25-34 age group is projected to grow by 84%, adding approximately 5,720 residents and reaching a total of 12,567 individuals.