Question 1

Is Macquarie Fields a nice place to live?

Accepted Answer

Macquarie Fields is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a charming place to live. Known for its strong community spirit and family-friendly atmosphere, it provides an inviting environment for families, young professionals, and retirees alike. The suburb is enriched with lush parklands and recreational spaces, perfect for those who enjoy outdoor activities and a peaceful lifestyle. Its proximity to essential amenities such as schools, shops, and public transport ensures that residents have everything they need within easy reach.

Families will find Macquarie Fields particularly appealing due to its excellent educational facilities, including a variety of schools and the TAFE NSW campus. The suburb's connectivity via the Macquarie Fields railway station makes commuting to the city or other parts of Sydney convenient, which is a significant advantage for working parents. Safety is generally not a major concern, contributing to the suburb's reputation as a nurturing place to raise children.

While Macquarie Fields offers many benefits, there are some trade-offs to consider. The suburb may not have the bustling nightlife or trendy cafes found in more central areas, but it compensates with a strong sense of community and a quieter lifestyle. Housing options are diverse, catering to both renters and homeowners, although the demand for property can lead to competitive pricing. Overall, Macquarie Fields is a wonderful choice for those seeking a balanced lifestyle with access to both nature and urban amenities.

Question 2

Is it expensive to live in Macquarie Fields?

Accepted Answer

Living in Macquarie Fields can be seen as moderately expensive, especially when considering the current property market. The median house price is around $1,000,000, which is quite substantial. However, this is not uncommon in many parts of New South Wales, where property prices have been on the rise. If you're looking to rent, the average rent for houses is $610 per week, while units, though less common, average around $520 per week.

When we compare this to the average wage in Macquarie Fields, which is approximately $62,000 per year, it becomes evident that a significant portion of income would be allocated to housing costs. This average wage is slightly lower than the broader Sydney average, which can make it challenging for individuals to afford the high property prices without a dual-income household or additional financial support.

Overall, while Macquarie Fields offers a suburban lifestyle with access to amenities and services, the cost of living, particularly in terms of housing, can be considered on the higher side relative to the average local income. If you're thinking of living in Macquarie Fields, it's important to carefully evaluate your financial situation to ensure it aligns with the expenses associated with residing in this area.

Question 3

Is Macquarie Fields a good place to invest?

Accepted Answer

Macquarie Fields is showing promising signs as a good place to invest, especially with the recent growth in property values. Over the last 12 months, the median house value has increased by 9.3%, while units have seen a 7.9% rise. This upward trend indicates a healthy demand for properties in the area, making it an attractive option for investors looking for capital growth.

In addition to property value increases, rental returns in Macquarie Fields have also been on the rise. House rents have grown by 5.2%, and unit rents have increased by 4.0% over the past year. This suggests a steady rental market, providing investors with the potential for reliable rental income. The suburb's appeal is likely bolstered by its family-friendly environment and accessibility to essential amenities, making it a desirable location for both renters and buyers.

Overall, Macquarie Fields offers a balanced investment opportunity with both capital growth and rental yield potential. Its recent performance in the property market suggests that it could be a solid choice for those looking to invest in a suburb with a positive outlook.

	Houses	Units
Median price Past 3 months	$1M	N/A
Change in value Past 12 months	10.6%	7.1%
Sold Past 3 months	26	3
Median days on market Past 12 months	16	12
Average rent Past 12 months	$620	$523
Change in rent Past 12 months	6.9%	4.6%

Get a property report and suburb profile for any property in Macquarie Fields

Macquarie Fields suburb profile

Macquarie Fields property market performance

5 year median price trend for houses and units

Macquarie Fields demographics

Suburbs near Macquarie Fields

How does Macquarie Fields compare to nearby suburbs?

Choose the right real estate agents in Macquarie Fields

Get a head start and compare top local agents in Macquarie Fields

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market