Powered by MOMENTUM MEDIA
Mayfield
AREA REPORTS

Mayfield

Mayfield - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2304

house
unit

Property investments in MAYFIELD fare well against the rest of the country last year, registering a median home price increase of 22.21%.

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 $467.5 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 29.5 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 $683,750.

MAYFIELD ranks 365th on the list of best yielding suburbs for rental properties in NSW, posting a 3.56% return.

Data report can be found below

Mayfield
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $683,750 $460,000
GROWTH REPORT
Median Quarterly 8.53% 4.55%
Median 12 month 22.21% 2.22%
Median 3 years 13.96% -6.12%
Median 5 years 49.45% 22.99%
10 years average annual 7.85% 5.93%
Weekly media advert. rent $467.5 $390
Time on Market 29.5 days 43.5 days
Gross Rental Yield Percent 3.56% 4.41%
demographics (median values)*
Total Population
9007
Weekly Household Income
678.7
Household Size
2.20
Age
37
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.