Merrylands West NSW 2160: Property Market Report & Real Estate Insights

Part of Cumberland, NSW

Merrylands West Real Estate Market Outlook

Thinking about buying in Merrylands West? Now could not be a better time, with 3443 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,004,000 with prices in this suburb ranging from $22,000 to $19,834,000. The approximate distance to the coast is 21 Km.

Living in Merrylands West

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 West 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. A mix of professions and above average income earners in Merrylands West provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Merrylands West to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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 West, located within the Cumberland City Council area of New South Wales, offers a dynamic and evolving housing market reflective of the broader Sydney metropolitan area. Traditionally characterized by a mix of freestanding homes, townhouses, and units, the market here has shown resilience and gradual appreciation in property values over the years. As of recent trends, there is a noticeable interest from both first-time homebuyers and investors, attracted by the suburb's relative affordability compared to Sydney's inner suburbs. The proximity to essential amenities like schools, shopping centers, and public transportation, including Merrylands railway station, enhances its appeal. Developments in the area have seen an increase in medium-density housing projects, providing more choices for prospective buyers and renters. This evolution indicates a healthy demand-driven market, predicting steady growth in the years to come.

Living in Merrylands West combines the comforts of suburban life with the conveniences of city access. Residents enjoy a multicultural community with a range of eateries, parks, and recreational facilities, fostering a vibrant local atmosphere. The suburb is particularly family-friendly, with several educational institutions, including both primary and secondary schools, catering to the community's diverse population. Holroyd Gardens, a well-known local park, provides green space for outdoor activities and relaxation, making it a popular spot for families and fitness enthusiasts. Additionally, Merrylands West's connectivity is enhanced by significant road networks and public transit options, allowing easy access to Parramatta and central Sydney. While the area offers the tranquility of suburban living, its ongoing development and community events create an engaging and lively environment, appealing to a broad demographic mix.

---

---

---

---

}

---

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!