NSW/
Mayfield

Suburb Profile

Mayfield - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2304

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Property investments in MAYFIELD fare well against the rest of the country last year, registering a median home price increase of 18.23%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MAYFIELD, 2304 saw average growth in the long term.

Real estate investors could earn a rental income of $422.5 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 25.4 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $593,500.

MAYFIELD ranks 357th on the list of best yielding suburbs for rental properties in NSW, posting a 3.7% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $593,500 $470,000
GROWTH REPORT
Median Quarterly 4.12% 2.56%
Median 12 month 18.23% 7.8%
Median 3 years 44.76% 23.28%
Median 5 years 69.57% 69.06%
10 years average annual 8.13% 7.32%
Weekly media advert. rent $422.5 $370
Time on Market 25.4 days 19.8 days
Gross Rental Yield Percent 3.7% 4.09%
demographics (median values)
Total Population
9007
Weekly Household Income
678.7
Household Size
2.20
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Capital Gains Tax (CGT) Calculator

Mayfield, NSW
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