In 2010, Marrickville was described by real estate CEO’s as one of Sydney’s newest hotspots with prices set to double by 2016 and was referred to as “the new Paddington”. It’s safe to say that the experts got it right and with five years out of the last 7 seeing double digit % price growth, if you backed Marrickville in 2010 you certainly came out on top.
In the last twelve months, 20 homes in 2204 have sold with a price tag of $2million or more.
Appealing to families for its larger block sizes and access to schools, public transport and parks, and only 15 minutes from the CBD, Marrickville has become a high priority suburb for those wanting to buy a forever home within budget and with a good liveability score.
https://www.smh.com.au/national/arise-marrickville-the-new-paddington-20100205-niqx.html