Macquarie Park

Macquarie Park lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, Macquarie Park's population is estimated at around 15,483 as of Nov 2025. This reflects an increase of 4,412 people (39.9%) since the 2021 Census, which reported a population of 11,071 people. The change is inferred from the resident population of 14,953 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 1,679 validated new addresses since the Census date. This level of population equates to a density ratio of 2,290 persons per square kilometer, above the average seen across national locations assessed by AreaSearch. Macquarie Park's growth of 39.9% since the 2021 census exceeded the state (7.6%), marking it as a growth leader in the region. Population growth was primarily driven by overseas migration contributing approximately 92.0% 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. Considering projected demographic shifts, exceptional growth is predicted over the period, with Macquarie Park expected to increase by 12,548 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 67.2% in total over the 17 years.

AreaSearch assessment of residential development activity positions Macquarie Park among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers shows Macquarie Park has recorded approximately 655 residential properties granted approval per year over the past five financial years, totalling an estimated 3279 homes. As of FY-26473 approvals have been recorded. On average, 0.7 people moved to the area annually for each dwelling built between FY-21 and FY-25, indicating new supply is meeting or exceeding demand. The average construction cost value of new homes is $597,000, suggesting developers are targeting the premium market segment.

In FY-26, $623.9 million in commercial approvals have been registered, demonstrating high levels of local commercial activity. Compared to Greater Sydney, Macquarie Park records 441% more new home approvals per person, indicating strong developer confidence in the location. New development consists predominantly of medium and high-density housing (98%), with detached houses making up just 2%. With around 33 people moving in for each dwelling approval, Macquarie Park exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, the population is projected to grow by 10397 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current projections.

Population forecasts indicate Macquarie Park will gain 10,397 residents through to 2041 (from the latest AreaSearch quarterly estimate). At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

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

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 51 projects potentially impacting this region. Notable initiatives include MCentral at Macquarie Park, redevelopment of Macquarie Centre, Macquarie Rise, and construction of Midtown Macquarie Park New Primary School. The following list details those most likely to be 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.

Employment conditions in Macquarie Park demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Macquarie Park has a highly educated workforce. The technology sector is notably represented.

Its unemployment rate was 3.7% in the past year. Employment growth was estimated at 10.8%. As of September 2025, 9,354 residents are employed with an unemployment rate of 3.7%, 0.5% below Greater Sydney's rate of 4.2%. Workforce participation is high at 68.8%.

Key industries include professional & technical, health care & social assistance, and retail trade. Professional & technical employment is particularly concentrated, at 1.6 times the regional average. Conversely, construction shows lower representation at 3.8% versus the regional average of 8.6%. There are 3.4 workers per resident, indicating it functions as an employment hub attracting workers from surrounding areas. Between September 2024 and September 2025, employment levels increased by 10.8%, labour force by 9.9%, reducing the unemployment rate by 0.8 percentage points. In comparison, Greater Sydney recorded employment growth of 2.1% with unemployment rising slightly. As of 25-November-25, NSW employment contracted by 0.03%, with a state unemployment rate of 3.9%. National forecasts from May-25 project national employment to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Macquarie Park's employment mix suggests local employment should increase by 7.2% over five years and 14.5% over ten years, though this is a simple extrapolation for illustrative purposes only.

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

According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year 2023, Macquarie Park had a median income among taxpayers of $57,671 and an average income of $81,465. These figures are high compared to national levels of $60,817 and $83,003 across Greater Sydney respectively. Based on Wage Price Index growth of 8.86% since financial year 2023, estimated median income as of September 2025 would be approximately $62,781, with average income estimated at around $88,683. According to the 2021 Census, personal income ranks at the 75th percentile ($970 weekly), while household income sits at the 58th percentile. Income distribution data shows that 37.2% of Macquarie Park's population (5,759 individuals) fall within the $1,500 - 2,999 income range, similar to regional levels where 30.9% occupy this range. Housing affordability pressures are severe, with only 77.2% of income remaining after housing costs, ranking at the 49th percentile. The area's SEIFA income ranking places it in the 8th decile.

Macquarie Park features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Macquarie Park's latest Census data shows 0.0% houses and 100.1% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Sydney metro's 42.9% houses and 57.1% other dwellings. Home ownership in Macquarie Park was at 10.5%, with mortgaged dwellings at 21.7% and rented ones at 67.8%. The median monthly mortgage repayment was $2,340, below Sydney metro's $2,600, and the median weekly rent was $460, matching Sydney metro's figure. Nationally, Macquarie Park's mortgage repayments were higher at $1,863, while rents were substantially above the national average of $375.

Macquarie Park features high concentrations of group households and lone person households, with a lower-than-average median household size

Family households account for 56.9% of all households, including 17.4% couples with children, 30.6% couples without children, and 6.2% single parent families. Non-family households constitute the remaining 43.1%, with lone person households at 35.4% and group households comprising 7.7%. The median household size is 2.0 people, which is smaller than the Greater Sydney average of 2.5.

Educational attainment in Macquarie Park aligns closely with national averages, showing typical qualification patterns and performance metrics

Macquarie Park's residents aged 15+ have a notably high educational attainment, with 64.6% holding university qualifications compared to Australia's 30.4% and NSW's 32.2%. The area's residents have a significant educational advantage, with bachelor degrees being the most common at 37.6%, followed by postgraduate qualifications (24.6%) and graduate diplomas (2.4%). Technical qualifications make up 14.6% of achievements, including advanced diplomas (8.1%) and certificates (6.5%). Educational participation is notably high in the area, with 35.0% of residents currently enrolled in formal education.

This includes 20.9% in tertiary education, 4.7% in primary education, and 2.3% pursuing secondary education.

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

Macquarie Park has 91 active public transport stops. These comprise a mix of light rail and bus services. There are 43 individual routes operating in total.

Collectively, these routes provide 16,024 weekly passenger trips. The accessibility of transport is rated excellent, with residents typically located 123 meters from the nearest stop. On average, there are 2,289 trips per day across all routes, which equals approximately 176 weekly trips per individual stop.

Macquarie Park's residents boast exceedingly positive health performance metrics with a fairly standard level of common health conditions seen across both young and old age cohorts

Macquarie Park's health outcomes show excellent results, with common health conditions at a typical level across both young and elderly residents. Private health cover stands at approximately 59% of the total population (9148 people), compared to Greater Sydney's 62.9%.

Mental health issues affect 5.5% of residents, while asthma impacts 4.7%. A total of 82.9% report no medical ailments, compared to 77.6% in Greater Sydney. The area has 6.8% (1052 people) aged 65 and over, lower than Greater Sydney's 16.3%. Health outcomes among seniors require more attention than the broader population.

Macquarie Park 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 has significant cultural diversity, with 64.9% speaking a language other than English at home and 68.9% born overseas. Christianity is the main religion, comprising 29.6%. Hinduism is overrepresented at 10.7%, higher than Greater Sydney's average of 4.3%.

The top three ancestry groups are Chinese (26.4%), Other (19.6%), and English (10.8%). Korean (4.4%) and Russian (0.8%) are also notably overrepresented, while Indian is at 8.9%, higher than the regional average of 3.7%.

Macquarie Park hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Macquarie Park has a median age of 30 years, which is younger than the Greater Sydney average of 37 and the Australian median of 38. Compared to Greater Sydney, Macquarie Park has a higher proportion of residents aged 25-34 (32.3%), but fewer residents aged 5-14 (4.6%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.5%. Post-2021 Census data shows that the proportion of residents aged 15 to 24 has increased from 17.8% to 22.0%, while the proportion of those aged 55 to 64 has decreased from 5.0% to 3.7%. By 2041, demographic modeling suggests that Macquarie Park's age profile will change significantly. The number of residents aged 25-34 is projected to increase by 3,013 people (60%), from 5,001 to 8,015.