Merrylands NSW 2160: Property Market Report & Real Estate Insights

Part of Cumberland, NSW

Merrylands Real Estate Market Outlook

Thinking about buying in Merrylands? Now could not be a better time, with 15957 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,579,000 with prices in this suburb ranging from $28,000 to $93,366,000. The approximate distance to the coast is 18 Km.

Living in Merrylands

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Merrylands is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The high percentage of professional people in Merrylands classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Merrylands necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Merrylands, located in the Cumberland Council region of New South Wales, is an increasingly popular suburb due to its strategic location and diverse community. The housing market in Merrylands has seen significant growth over recent years, buoyed by its appealing blend of affordability and proximity to the Sydney CBD, which is just about 25 kilometers away. The area features a mixture of housing options, including standalone homes, townhouses, and increasingly, modern apartment complexes. This variety caters to a wide range of residents, from young professionals and families to retirees looking for more manageable living spaces. The suburb’s real estate value has been on an upswing, reflecting broader trends in Sydney’s property market, with interest from both investors and homebuyers who are captivated by its steady infrastructure developments and community-focused amenities.

Living in Merrylands offers a harmonious blend of urban convenience and suburban calm. The suburb is known for its multicultural atmosphere, where diverse cultural backgrounds are celebrated and contribute to a rich local tapestry. Residents enjoy access to a number of parks, recreational facilities, and a bustling shopping precinct centered around Stockland Merrylands, one of the largest retail complexes in the area. Public transport is convenient, with Merrylands Railway Station providing easy access to Sydney and the surrounding suburbs via the T2 Inner West & Leppington and T5 Cumberland lines. Additionally, Merrylands is home to various schools and healthcare facilities, making it an attractive option for families. Community events and local markets add vibrancy to daily life, fostering a strong sense of connection among residents and making Merrylands a welcoming and dynamic place to call home.

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