Merrylands is a suburb in Western Sydney and has the postcode 2160. It is 25km west of the Sydney CBD and only 3 kms from the Parramatta CBD. Its local government area is the City of Holroyd of Parramatta.

About 39% of people in Merrylands rent where they live and the rest mainly own their home.

Merrylands is home to couples with children as well as couples without children. There is also a big portion of single people and the predominant age group is between 20 – 29. As the population grows in Merrylands, new apartments are becoming increasingly popular for both singles and familes. The new apartments in the area are generally very well located- close to the Merrylands train station, local bus stops and the Merrylands shopping centre which is owned and managed by Stockland (which is in the process of going through a $400million redevelopment which is estimated to be completed by the end of 2012).

Merrylands is going through what is called ‘urban gentrification’ which means that through redevelopment of thr MErrylnds suburb, more wealth is coming in which is creating good capital growth and demand for upmarket new apartments and homes.

There is a great selection of schools and child care centres in Merrylands as well as many parks in the area.

As more people like to be on the fringe of a CBD, for example, the Parramatta CBD, there has been a huge demand for higher density housing such as new apartments (both boutique and high rise) to accommodate these lifestyle changes. As property gets more and more expensive, so apartments become more and more attractive.

There has been a very high demand for new apartments in Merrylands as well as new townhouses. For investors and home buyers alike, this presents some great opportunities to buy something off the plan and secure your price in market where prices keep going up.

The rental returns are very high in Merrylands because of its location and amenities. It takes only 10 minutes by train to Parramatta and 45 minutes by train to Sydney CBD. It is also well located within the main arterial roads of Sydney – the M4 and the Great Western Highway. Because of its location and other factors, there has already been significant capital growth in the last few years and this is certainly expected to continue as development of new apartments and townhouses continues in Merrylands.

With the continued improvements in the area, Merrylands is a fantastic suburb to live in and invest. It gives property investors the opportunity to secure new apartments in Merrylands or a new townhouse in Merrylands at pricing which represents good value with potential for even more strong capital growth.