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5 Factors That Make Marrickville Real Estate Popular

June 22, 2021

Located less than 10 minutes from the central business district of Sydney, Marrickville offers a diverse and artistic utopia that is home to people of all ages and mixed cultural backgrounds.

Marrickville was ranked the 10th coolest suburb—from 40 other suburbs voted the most liveable in the world. The welcome reputation rates Marrickville highly in terms of food, fun, art, culture, atmosphere and personality.

Before we dive into the factors that Marrickville is now famous for, get in the loop today and let us help you discover a multicultural Sydney suburb full of surprises.

Suburb Information

Part of the Inner West Council, Marrickville is roughly 6 sq. kilometres in size and features 10 parks, covering 5% of the total area.

Recent census data showed Marrickville has a population of 26,000 people with a predominant age group of 30–39 years.

Hemmed in on the south by the Cooks River, this community shares borders with:

  • Petersham and Dulwich Hill in the west
  • Sydenham and St. Peters in the southeast
  • Enmore and Stanmore in the north

Factor #1: Why Do Locals Love Marrickville?

Diverse and multi-layered, Marrickville is one of Sydney’s most intriguing suburbs. Residents love the area because:

  • Its local identity hasn’t been undermined by over-development or endured a city sprawl, which lowers property prices.
  • The rich heritage, excellent infrastructure, and convenient public transport options make for a fulfilling lifestyle.
  • An extensive line-up of retail outlets, playgrounds, community programs, and schools add to Marrickville’s appeal to young families.

Factor #2: Community

Diverse Culture

The best thing about Marrickville is its diverse residents. It was once known as the "Athens of the West" due to the influx of Greek immigrants after World War Two.

Today, the community has a sizeable Vietnamese population which is predominant in the area.

Take a stroll along Illawarra Rd, and you won’t miss many aspects of the different cultures common in the streets of Marrickville. With its vibrant blend of languages, cultures, and histories, Marrickville has become bohemian.

Artists From Sydney

After Sydney's rent and house prices shot up in the 1990s and early 2000s, they stayed up, much to the dismay of many artists, some who were forced onto the streets.

Facing homelessness and in dire need of space, the empty warehouses in Marrickville became an attractive shared housing option for the displaced artists.

Musicians and professionals who propagate the bohemian culture have also taken a liking to the area, thanks to Marrickville’s welcoming and creative lifestyle.

Factor #3: Marrickville Real Estate

https://www.youtube.com/watch?v=Y-1bs4_AAK0

Marrickville dates back to 1885, and many buildings from that era remain standing today. Some Marrickville houses still retain the distinct Mediterranean features and upgrades from the 1970s.

With the help of our trusted real estate agents, buyers looking for a vintage property will find many freestanding or terrace style houses amid the modern apartment buildings.

Whether it's post-war homes, workmen’s cottages, or single dwellings, Marrickville showcases the best suburban living with the calm intimacy and security of an elegant suburb.

Going back a decade ago, Marrickville was one of the cheapest locations within the inner west. Today, this suburb of choice has become a highly prized booming market with a sense of realness within.

Beds Median House Price Median Unit Price
1 - $630,000
2 $1.325 million $819,000
3 $1.46 million $935,000
4 $1.909 million -

Buyers looking into the area can expect to fork out anywhere from $630,000 for a decent two-bedroom apartment. The average price for an equally decent three-bedroom house is approximately $1.46 million.

The price for semis ranges from $1.15 million while single-fronted freestanding houses and terraces cost more than $1.3 million.

The much sought-after Federation-style double-fronted houses cost anywhere from $1.45 million.

What’s more, families with school-age children appreciate the suburb’s convenient location that is only a short walk to local schools and public transportation.

Factor #4: Navigating the Inner West Area

When it comes to public transport, would you prefer having only one train station or three?

Yes, Sydney’s trains serve the Inner West Council area with three stations on the Illawarra Line, Bankstown Line, and Inner West Line.

The Dulwich Hill light rail and the modernised Marrickville train station makes the daily commute to work much easier.

Sydenham Station on the Illawarra Line has a stop within walking distance to Marrickville Road’s main shops.

The location of Sydney Airport only 5 kms away makes this community a genuine hotspot for business people and frequent travellers. Commuters also appreciate the multiple bus services that serve every main road in the Inner West.

Factor #5: Things to Do In Marrickville Road

https://www.youtube.com/watch?v=Y-1bs4_AAK0

At the heart of the community is Marrickville Road. Bustling with activity, the road features an array of award-winning restaurants, trendy cafes, bakeries, wine bars and shops.

Residents tend to shop for their everyday needs at nearby Village Wholefoods while Hypmotive Community Hub is the go-to place for speciality florists and vintage homewares.

More shopping options are available in Marrickville, which is widely popular for its shop local mentality.

Sights of colourful street art liven up the laneways between the main thoroughfares of Marrickville, Victoria and Sydenham roads.

Artworks by Ces Camilleri of Creative Artistic Steel adorn the awnings of some businesses along both Marrickville Road and Illawarra Road.

But all the fun isn't restricted to the main arteries, as Marrickville has an array of community amenities spread all over.

Eat Out

Avid foodies should get to know this suburb better if only for the award-winning coffee and Greek-style souvlaki shops.

Thanks to the large Vietnamese immigrant community, Marrickville is also popular for its plentiful Vietnamese food where you'll discover some of the city’s best banh mi along Illawarra Rd.

Besides Vietnamese cuisine, foodies love the many restaurants serving up everything from Greek, Japanese, Italian, Spanish, to modern Australian and much more.

Entertainment

Embrace the local culture at one of the many community events that put Marrickville on the map. Neighbourhood favourites include:

  • Art Month Sydney
  • Sydney’s Fringe Festival
  • Marrickville Festival

To the delight of music lovers, after-hours haunts such as the Factory Theatre and the Red Rattler offer a great spot to unwind.

The widely popular eclectic bars and the annual street festivals also attract hipsters to the area in droves.

Parks and Recreation

You do not have to drive a long distance to pack your weekend full of fun activities, as the primary hub of activity for this community is the playground at Marrickville Park.

During the hot summer, beat the heat and make a splash at Steel Park Waterplay Park on Illawarra Road. For local sporting leagues, the Henson Park oval is your ideal destination.

Take a break from the world and go into your imaginative zone with 85,000 books, a community hub, and a café, at the new Marrickville Library.

Find Houses for Sale In Marrickville

As the Inner West suburb changes and grows, Listing Loop drives a customer-centred, tailored approach to real estate which makes your buying decision easier.

We invite you to sign up now and allow Listing Loop to do all the heavy lifting for you, as you bid farewell to countless hours of property searching.

You don’t have to login daily to search for new properties. Stay up to date with real time alerts on your dashboard any time there’s a new pre-market or off-market property that matches your specific needs.

“We created Listing Loop to bring a fresh and exciting new dimension to the way real estate is done in Australia. A model where buyers win, sellers win and agents win.” — Rhett Dallwitz, Co-Founder & CEO

We’re here to help

We're always happy to help with all the dramas and stressors of house buying and selling.

Indeed, if you're particularly tired of house-hunting, we've even partnered with buyer advocates who can check out homes for you and organise sales assessments and negotiations.

Our off-market and pre-market marketplace gives you VIP access to properties so you can get in first.

Just sign up at Listing Loop or download our app.

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