Marsden Park, one of the ideal suburbs for young families & retirees

Posted on March 24, 2020 by Mirren Property Investment

Marsden Park is a suburb in New South Wales, Australia. It is located northwest of Sydney in the Blacktown local government area. The suburb is 49 kilometres from the central business district.

Once a large agricultural area, Marsden Park is now a bustling neighbourhood with a growing population. Residents in the area often describe Marsden Park as a scenic neighbourhood offering the perfect blend of old world and new world charm.

The suburb is filled with natural spaces, lush parklands, and sweeping views of mountains and green open areas. It’s also close to Stonecutters Ridge and Windsor Country golf clubs if you wish to enjoy professional golfing. Marsden Park boasts of a beautiful family-based community with expanding educational and sports facilities. Thanks to the suburbs’ wide-open spaces, and breathtaking nature views, Marsden Park is great for families seeking an active outdoor lifestyle – an equally great opportunity for seasoned investors looking for investment properties in the area.

As one of the fastest-growing suburbs in Sydney, Marsden Park is becoming more and more a modern hub tucked in a beautiful inner-city environment. It has plenty of row houses, apartments, condominiums, and pet-friendly homes for investors.

Most houses are stylish and modern, the perfect home for people living in an inner-city suburb. Marsden has plenty of luxurious homes with high-tech automation systems. Residents also enjoy the best internet speed in the country.

Located in Sydney’s northwest region, it can easily be accessed by train and road from Sydney CBD. Marsden Park is also serviced by Richmond Road which gives residents access to the Westlink M7 Motorway. Plans of connecting the area to the new freeway North West Rail Link is discussed. The suburb is named after Samuel Marsden, an English-born priest in Australia and landowner in the area. He was a prominent member of the Church Missionary Society.

Marsden Park Suburb Profile

The median rent for a four-five bedroom home in the area is $550 per week.
The median age of people in the neighbourhood is 42.
The neighbourhood is comprised of 29.7% older couples and families, 19% established couples and families, and 9.5% maturing couples and families
Marsden Park enjoys a steady increase in property prices over a five-year period. This translates to a 12.68% capital gain.
Compared to other Australian suburbs, Marsden Park delivered a stronger performance in terms of appreciation of property value.
The profit is currently at 4.23% thanks to an upward trend in home prices
Highest priced home in Marsden Park is $3,000,000
Population in Marsden park grew by 23 per cent before 2017 and 2018
Marsden Park sells an average of 317 properties each year.
The average days to sell a property in Marsden Park is 86.7 days.
A property in Marsden Park has around 243 visits before closure
The suburb is currently expecting more than 33,000 new homes by 2026.

Marsden Park Employment Opportunities and Amenities

Marsden Park is setting the standard for convenient living in the inner-city areas. The suburb is currently being developed and is chosen to be the site for the new Sydney Business Park. Marsden Central boasts of attractive employment opportunities thanks to its proximity to Sydney Business Park. The park is planning to give more than 17,000 jobs to the area which is designed to connect New South Wales to CBD, Parramatta, Northwest Business Park and The Hills District.

Marsden Park is a newly developed suburb but has plenty of amenities for its residents. It also has both Christian and Muslim places of worship, local cafes, and dining areas for residents. Marsden Park also has a caravan park, golf driving range, Maltese club, and a Chicken farm.

Perfect Suburb for Young Families and Retirees

Enjoy an idyllic area for you and your family at Marsden Park. If you want to live in a family-oriented and community-focused neighbourhood, Marsden Park is the perfect choice for you.

References: