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 28,443 as of November 2025. This reflected an increase of 4,625 people, a 19.4% rise since the 2021 Census which reported a population of 23,818. The change was inferred from the estimated resident population of 28,025 in June 2024 and an additional 1,719 validated new addresses since the Census date. This resulted in a population density ratio of 2,665 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. The area's growth exceeded both state (6.7%) and SA4 region averages, marking it as a growth leader. Overseas migration contributed approximately 91.7% 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. For areas not covered by this data, NSW State Government's SA2 level projections were used, released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations were applied to all areas for years 2032 to 2041. By 2041, demographic trends predict exceptional growth, placing Macquarie Park - Marsfield in the top 10 percent of statistical areas analysed by AreaSearch, with an expected increase of 27,957 persons, reflecting a total increase of 96.8% over the 17 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 annually over the past five financial years, totalling 3,588 homes. As of FY26, 20 approvals have been recorded. On average, 1.1 new residents arrive per year for each new home built between FY21 and FY25, indicating a balanced supply and demand market with stable conditions. The average construction value of new dwellings is $303,000, aligning with broader regional development trends.

This financial year has seen $838.5 million in commercial approvals registered, suggesting strong local business investment. Compared to Greater Sydney, Macquarie Park - Marsfield records 176.0% more new home approvals per capita. However, construction activity has recently eased. The area's developer confidence is strong, reflected in its above-average national performance. New building activity consists of 2.0% detached houses and 98.0% townhouses or apartments, favouring denser development to cater to downsizers, investors, and entry-level buyers. With approximately 58 people per dwelling approval, the market is expanding.

By 2041, Macquarie Park - Marsfield's population is forecasted to grow by 27,539 residents (AreaSearch quarterly estimate). Construction pace is maintaining reasonable growth, but increasing competition among buyers can be expected as the population grows.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 57 projects likely impacting the area. Notable ones include MCentral at Macquarie Park, Macquarie Centre Redevelopment, Macquarie Rise, and Lachlan's Line Apartments - 3 Halifax Street. 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.

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 strong representation in the technology sector. Its unemployment rate was 2.5% as of September 2025, with an estimated employment growth of 11.1% over the past year.

In this period, 18,587 residents were employed, with an unemployment rate of 1.7% below Greater Sydney's rate of 4.2%. Workforce participation was at 63.9%, compared to Greater Sydney's 60.0%. Leading employment industries among residents include professional & technical, health care & social assistance, and education & training, with professional & technical showing particularly strong specialization at 1.4 times the regional level. Conversely, construction had lower representation at 4.5% versus the regional average of 8.6%.

As of the Census, there were 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. In the 12-month period ending September 2025, employment increased by 11.1% alongside labour force increasing by 10.3%, causing the unemployment rate to fall by 0.7 percentage points. By comparison, Greater Sydney recorded employment growth of 2.1%, labour force growth of 2.4%, with unemployment rising 0.2 percentage points. State-level data as of 25-Nov-25 shows NSW employment contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%, comparing favourably to the national unemployment rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years, but growth rates differ significantly between industry sectors. Applying these projections to Macquarie Park - Marsfield's employment mix suggests local employment should increase by 7.2% over five years and 14.5% over ten years, based on a simple weighting extrapolation for illustrative purposes and not accounting for localised population projections.

The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment

AreaSearch's latest postcode level ATO data for financial year 2022 shows that Macquarie Park - Marsfield SA2 has a high national median assessed income of $53,523 and an average income of $75,633. This contrasts with Greater Sydney's median income of $56,994 and average income of $80,856. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates for Macquarie Park - Marsfield would be approximately $60,272 (median) and $85,170 (average) as of September 2025. The 2021 Census indicates that incomes in Macquarie Park - Marsfield cluster around the 63rd percentile nationally. Income brackets show that the $1,500 - 2,999 bracket dominates with 34.8% of residents (9,898 people), consistent with broader trends across the region at 30.9%. High 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

Macquarie Park - Marsfield dwelling structure, as per the latest Census, had 16.3% houses and 83.7% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Sydney metro's 42.9% houses and 57.1% other dwellings. Home ownership in Macquarie Park - Marsfield was 20.7%, with mortgaged dwellings at 25.6% and rented dwellings at 53.7%. The median monthly mortgage repayment was $2,383, below Sydney metro's $2,600. Median weekly rent in the area was $470, compared to Sydney metro's $460. Nationally, Macquarie Park - Marsfield's mortgage repayments were higher at $1,863 and 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 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 is significantly higher than national and state averages. As of 2016, 58.3% of residents aged 15 years and above held university qualifications, compared to 30.4% nationally and 32.2% in NSW. This high level of educational attainment positions the area favourably for knowledge-based opportunities. Bachelor degrees are the most common qualification at 34.0%, followed by postgraduate qualifications at 21.6% and graduate diplomas at 2.7%.

Vocational pathways account for 17.9% of qualifications among those aged 15 years and above, with advanced diplomas making up 9.1% and certificates 8.8%. Educational participation is notably high in the area, with 32.7% of residents currently enrolled in formal education as of 2016. 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 144 active public transport stops. These include light rail and bus services. There are 51 individual routes operating in total.

Collectively, these routes provide 11,802 weekly passenger trips. The average distance from residents to the nearest transport stop is 143 meters. Service frequency averages 1,686 trips per day across all routes. This equates 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 having a very low prevalence of common health conditions. Approximately 57% (~16,240 people) have private health cover, compared to Greater Sydney's 62.1%.

Mental health issues and asthma are the most prevalent medical conditions, affecting 5.5% and 5.2% of residents respectively. 78.8% declare themselves completely clear of medical ailments, compared to 77.6% in Greater Sydney. The area has 12.5% (3,541 people) aged 65 and over, lower than Greater Sydney's 16.3%. Health outcomes among seniors require more attention despite being strong.

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% speaking a language other than English at home and 61.4% born overseas as of the latest data from 2016. Christianity is the predominant religion in Macquarie Park-Marsfield, accounting for 37.1%. However, Judaism shows an overrepresentation with 0.6%, compared to Greater Sydney's 0.4%.

In terms of ancestry, the top three groups are Chinese (26.6%), Other (17.1%), and English (12.3%). Notably, Korean (3.6%) is slightly overrepresented compared to the regional average of 3.8%, Indian at 6.5% (regional: 3.7%), and Filipino at 3.0% (regional: 2.1%).

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 concentration of 25-34 year-olds is significantly higher than the national average of 14.5%. Between the 2021 Census and now, 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%. By 2041, population forecasts indicate substantial demographic changes for Macquarie Park-Marsfield. The 25-34 age group is projected to grow by 83%, adding 5,712 residents and reaching a total of 12,567.