Town by town snapshot: Marshall

June 3, 2021 BY

The size of Marshall is approximately 2.3 square kilometres and it has one park covering nearly 3.1 per cent of total area.

The population of Marshall in 2011 was 1,798 people and by the 2016 Census the population was 1,899 showing a population growth of 5.6 per cent in the area during that time.

Marshall, previously called Marshalltown, is an industrial and residential suburb five kilometres south of Geelong in neighbouring Breakwater and was included in that area before gaining a separate name.

The Breakwater area was used for tanneries, fellmongeries and animal by-product industries.

Many of them were located there to take advantage of the saltwater Barwon River, south of the artificial breakwater that was built in 1837.

By the mid-1850s Thomas Marshall, a Geelong wool merchant, established a wool scouring works near the breakwater, and the place was named after him.

This four bedroom Marshall home built in 2013 sold recently for $595,000.

In the 1850s Marshall and areas to its south were covered with wattle, a source of wattle bark for tanneries.

In 1877 the railway line from Colac to Geelong was opened, and in 1879 there was a line to Geelong racecourse until 1906 when racing moved to north of the river at Breakwater.

By the early 1900s Marshall had a small industrial township with a school, hotel, post office and an Anglican church.

CoreLogic data indicates that the predominant age group in Marshall is 30-39 years with households in Marshall being primarily childless couples and are likely to be repaying $1,400 – $1,799 per month on mortgage repayments. In general, people in Marshall work in a professional occupation.

In 2011, 72.5 per cent of the homes in Marshall were owner-occupied compared with 61.6 per cent in 2016.

TIDBIT:
In 2012 more intensive residential development in Marshall was flagged by the Armstrong Creek development plan.

Population: 1,899
Male: 43.9%
Female: 56.1%
Median age: 39
5 year population change: 5.6%
House median value: $585,000
Change in median price: (5yrs) is 34.6%
Median asking rent per week: $425
Average length of ownership: 9 years
Owner occupiers: 74%
Renters: 26%

House median sale price:
February 2021: $511,000
February 2020: $479,000
February 2019: $480,000
February 2018: $430,000
February 2017: $398,000

House sales per annum:
Period ending February 2021: 44
Period ending February 2020: 32

Land median sale price:
February 2021: N/A
February 2020: N/A
Land sales per annum: N/A
Period ending February 2021: 6
Period ending February 2020: 0

 

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