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

As per AreaSearch's analysis of ABS population updates and new addresses validated since Feb 2026, the suburb of Macquarie Park has an estimated population of around 15,515. This figure represents a 40.1% increase from the 2021 Census total of 11,071 people. The increase is inferred from AreaSearch's estimate of 14,953 residents, based on their examination of the latest ERP data release by the ABS (June 2024), along with an additional 1,643 validated new addresses since the Census date. This results in a population density ratio of 2,295 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Macquarie Park's growth since the 2021 census outpaced both the state (7.8%) and its SA4 region, positioning it as a growth leader in the area. Overseas migration contributed approximately 92.0% of overall population gains during recent periods.

AreaSearch employs 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 for areas not covered by this data, released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. By 2041, Macquarie Park is projected to grow by 13,231 persons based on aggregated SA2-level projections, reflecting an overall increase of 81.7% over the 17-year period.

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

Macquarie Park averaged approximately 657 new dwelling approvals annually. Between FY-21 and FY-25, around 3,287 homes were approved, with an additional 475 approved in FY-26 to date. The average occupancy rate over these years was about 0.7 people per dwelling.

This suggests that the new supply has been keeping pace with or exceeding demand, offering ample buyer choice and capacity for population growth beyond current forecasts. The average construction cost value of new homes was around $597,000, indicating a focus on the premium market segment. In FY-26, commercial approvals totaled $623.9 million, reflecting robust local business investment. Compared to Greater Sydney, Macquarie Park has seen 457.0% more development activity per person. This higher-than-average activity is composed of 2.0% detached dwellings and 98.0% townhouses or apartments, suggesting a trend towards denser development that caters to downsizers, investors, and entry-level buyers. The area has approximately 33 people per dwelling approval, indicating an expanding market.

According to the latest AreaSearch quarterly estimate, Macquarie Park is projected to grow by 12,669 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 population projections.

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

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 51 such projects that are expected to impact the area. Notable ones include MCentral at Macquarie Park, the redevelopment of Macquarie Centre, Macquarie Rise, and the construction of Midtown Macquarie Park New Primary School. The following list details those considered most relevant:.

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AreaSearch analysis indicates Macquarie Park maintains employment conditions that align with national benchmarks

Macquarie Park has a highly educated workforce with the technology sector being particularly prominent. The unemployment rate was 4.3% as of December 2025, with an estimated employment growth of 5.0% over the past year, according to AreaSearch's aggregation of statistical area data. As of that date, 9,218 residents were employed while the unemployment rate was 0.2% higher than Greater Sydney's rate of 4.2%.

Workforce participation in Macquarie Park was broadly similar to Greater Sydney's 70.2%. Based on Census responses, 57.6% of residents worked from home, though Covid-19 lockdown impacts should be considered. Employment among residents is concentrated in professional & technical, health care & social assistance, and retail trade sectors. The area shows strong specialization in professional & technical services with an employment share of 1.6 times the regional level.

Conversely, construction has limited presence with 3.8% employment compared to 8.6% regionally. There are 3.4 workers for every resident in Macquarie Park, indicating it functions as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. During the year to December 2025, employment levels increased by 5.0% while labour force increased by 4.8%, causing the unemployment rate to fall by 0.2 percentage points. In comparison, Greater Sydney recorded employment growth of 2.2%, labour force growth of 2.3%, with a marginal rise in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 offer further insight into potential future demand within Macquarie Park. These projections suggest national employment should expand by 6.6% over five years and 14.7% over ten years. Applying these industry-specific projections to Macquarie Park's employment mix suggests local employment should increase by approximately 7.2% over five years and 14.5% over ten years, though these are simple weighting extrapolations for illustrative purposes and do not account for localised population projections.

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 on 30 June 2023, Macquarie Park had a median income among taxpayers of $57,671 and an average level of $81,465. This places Macquarie Park among the highest in Australia for median income and compares to levels of $60,817 and $83,003 across Greater Sydney respectively. Based on Wage Price Index growth of 8.86% since financial year 2023, current estimates would be approximately $62,781 (median) and $88,683 (average) as of September 2025. Census data reveals personal income ranks at the 75th percentile ($970 weekly), while household income sits at the 58th percentile. Income distribution shows that 37.2% of residents fall into the $1,500 - 2,999 bracket (5,771 people), mirroring regional levels where 30.9% occupy this bracket. 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 dwelling structure, as per the latest Census, consisted entirely of non-household dwellings (semi-detached, apartments, others), contrasting Sydney metro's 55.9% houses and 44.1% other dwellings. Home ownership in Macquarie Park stood at 10.5%, with mortgaged dwellings at 21.7% and rented ones at 67.8%. The median monthly mortgage repayment was $2,340, under Sydney metro's $2,427 average. Median weekly rent in Macquarie Park was $460, slightly higher than Sydney metro's $470. Nationally, Macquarie Park's mortgage repayments were significantly higher at $2,340 compared to Australia's average of $1,863, and rents were substantially above the national figure of $375.

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

Family households constitute 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 account for 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 2.7.

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

Macquarie Park's residents aged 15 and above have a higher educational attainment than national and state averages. Specifically, 64.6% of its residents hold university qualifications compared to Australia's 30.4% and New South Wales' 32.2%. The area's educational advantage is evident in the types of qualifications held: bachelor degrees at 37.6%, postgraduate qualifications at 24.6%, and graduate diplomas at 2.4%. Technical qualifications make up 14.6% of residents' educational achievements, with advanced diplomas at 8.1% and certificates at 6.5%.

Educational participation in Macquarie Park is notably high, 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 serving a mix of light rail and bus services. These stops are served by 43 individual routes that collectively facilitate 16,024 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 123 meters from the nearest stop. Most residents commute outward due to its residential nature. Car remains the dominant mode of transport at 47%, followed by train at 23% and walking at 14%. Vehicle ownership averages 0.3 per dwelling, below the regional average.

According to the 2021 Census, 57.6% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 2,289 trips per day across all routes, equating to approximately 176 weekly trips per individual stop.

Macquarie Park's residents are extremely healthy with prevalence of common health conditions low among the general population and nearer the nation's average across older, at risk cohorts

Analysis of health metrics indicates strong performance throughout Macquarie Park.

Mortality rates and chronic condition prevalence were found to be low among the general population, nearing the nation's average for older, at-risk cohorts. Private health cover was exceptionally high, with approximately 59% of the total population (9,167 people). The most common medical conditions were mental health issues and asthma, affecting 5.5% and 4.7% of residents respectively. 82.9% of residents declared themselves completely clear of medical ailments, compared to 74.6% across Greater Sydney. The area has 7.5% of residents aged 65 and over (1,163 people), which is lower than the 15.4% in Greater Sydney. Health outcomes among seniors are above average but rank lower nationally than those for 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 a high level of cultural diversity, with 64.9% of its population speaking a language other than English at home and 68.9% born overseas. Christianity is the predominant religion in Macquarie Park, accounting for 29.6% of people. Hinduism is notably overrepresented compared to Greater Sydney's average, comprising 10.7% of Macquarie Park's population.

The top three ancestry groups are Chinese (26.4%), Other (19.6%), and English (10.8%). Korean (4.4%) and Russian (0.8%) ethnicities are overrepresented in Macquarie Park compared to regional averages, while Indian ethnicity is notably higher at 8.9%.

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 (31.1%) but fewer residents aged 5-14 (4.9%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.4%. Post-2021 Census data shows that the proportion of residents aged 15 to 24 has increased from 17.8% to 24.0%, while the proportion of those aged 25 to 34 has decreased from 32.8% to 31.1%. 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 3,843 people (80%), from 4,825 to 8,669.