Are you looking to purchase a home or investment property in Marsden? As a Marsden Buyers’ Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Marsden property purchase!
Marsden is an outer city suburb located 31km south of the Brisbane CBD. The suburb forms a part of Logan City Council. The suburb is best known for its affordable housing and its convenient access to the Logan motorway. Marsden is bordered by the suburbs of Kingston, Waterford West, Crestmead & Berrinba.
The population of Marsden in 2016 was around 14,070 and continues to grow. 44.7% of households in Marsden are owner occupied and consistent predominantly of couples with children who are likely to be repaying $1400 – $1799 per month on mortgage repayments.
Marsden has 2 main Villages with supermarkets, takeaway food restaurants and more on both Browns Plains Road and Chambers Flat Road.
Bus services run along Browns Plains Road, Macarthy Road and Homestead Street. Public transport takes roughly 1hr 13min to the Brisbane CBD and just under 30min to Logan Central.
There are a number of parklands located in the suburb with off-leash dog parks, sports fields, lakes and waterways. These include, Demeio Road Park, Brandon Park, Scrubby Creek Corridor Park, and Marsden Park.
Many Marsden residents work in local small businesses, trades and as machinery operators and drivers.
Traffic noise can be an issue for properties close to major thoroughfares including Chambers Flat Road, Browns Plains Road and Logan Motorway also borders part of the northern suburb boarder.
Buyers should check the Logan City Council Flood Maps as some areas may be susceptible to flooding.
The vast majority (85%) of properties in Marsden are free standing houses.
The suburb is relatively young and most of the homes are less than 30 years old. Typically homes are lowset and of brick-and-tile construction.
The median house price in Marsden is $500,750 which is well below Brisbane’s median.
The median house price in Marsden would typically buy a 3 bedroom, 1 bathroom house on a 705m2 block. For example: 15 Awoonga Street, Marsden sold for $485,000 in September 2022. (see photos below).
The median unit price in Marsden is: $270,000.
This amount would typically buy a 2 bedroom, 1 bathroom, 1 garage unit in an brick built 1990’s style complex in original condition. For example: 3/97 Chambers Flat Road, Marsden sold for $250,000 in July 2022. (see photos below)
In the last 5 years the median house price has increased by 39%. Over the last 10 years, house prices have increased by 4.9% per annum.
Units in Marsden have seen more modest price growth. In the last 5 years the median price of units has increased by 25.2%. On average, over the last 10 years unit prices have increased by 0.1% per annum.
**Statistics are accurate for September 2022
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