Why invest in Macquarie Park
Macquarie Park is a business precinct on the rise. Located just 12km north-west of the CBD, the area has quickly become Sydney's second-largest business district and already hosts a range of corporations in industries including telecommunications, technology, pharmaceutical and electronics. Just some of the growing list of luminaries who call the area home include Microsoft, Sony, Optus, Johnson & Johnson and Goodman-Fielder.
With its leading edge infrastructure, Macquarie Park is a highly connected technological and multi modal transport hub. Ideally situated on the doorstep of Lane Cove National Park, the precinct perfectly marries leafy open spaces and sleek city sophistication.
Outside office hours, Macquarie Park also offers a plethora of lifestyle and entertainment options, from campgrounds and bushwalks to a wide range of recreational and entertainment options.
Macquarie Park might currently be on the forefront of industry and innovation, but its past was much more pastoral - the late 19th century saw the site play host to lush market gardens, sprawling bushlands and the occasional waterfall.
Macquarie Park is in the midst of a serious growth spurt. Over 200 hectares of industrial land has been rezoned in the last two decades to create a thriving business centre. Macquarie Park is a key employment hub in Sydney – the precinct is expected to create more than 40,000 additional jobs by 2031.
The City of Ryde's Gross Regional Product was $16,740 million as of the 30th June 2020 with the Macquarie Park business precinct making up a significant portion of that figure.
Some of the standout industry performers in the City of Ryde include:
- Information Media and Telecommunications had the largest output by industry, generating $7,094 million in 2019/20.
- Wholesale Trade generated $6,228 million in 2019/20.
- Manufacturing generated $4,700 million in 2019/20.
- Construction generated $4,169 million in 2019/20.
- Professional, Scientific & Technical Services generated $3,821 million in 2019/20.
Macquarie Park is well connected to other parts of Sydney. With a dedicated Metro stop, it is also a major stop for bus services from key centres such as Parramatta, North Sydney and Castle Hill. The park is accessible by car via the M2, M4, M7 and Lane Cove Tunnel. Visit the Connect Macquarie Park website to find out more.
A smart and sustainable future
Macquarie Park's steady growth and fast-evolving infrastructure are underpinned by its commitment to innovation and focus on the future. These factors have seen it become a magnet for industry leaders and global giants, and are now forging the way for further growth as the precinct is projected to become Australia's fourth largest CBD behind Sydney, Melbourne and Brisbane by 2030. It is also expected to accommodate over 40,000 new jobs by the same time - providing benefits to both jobs seekers and the local and state economy.