Mayfield East

POSTAL CODE: NSW, 2304

HOUSE

Property investors have seen a 0% gain in MAYFIELD EAST based on an increase in median home prices for the past three months.

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

The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,068,000

Profits averaged 7.67% per annum over a 3-year period, due to an upward trend in home prices in MAYFIELD EAST, 2304.

This means, real estate investors could earn a rental income of $725 based on current median home prices for the suburb.

The gross rental yield in MAYFIELD EAST, 2304 is 3.53%.

An average of 3.5 real estate transactions take place per month in MAYFIELD EAST which translates to 42 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,068,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	6.8%	N/A
Median 3 years	23.16%	N/A
Median 5 years	48.07%	N/A
10 years average annual	9.96%	N/A
Weekly media advert. rent	$725	N/A
Time on Market	27.6 days	N/A
Gross Rental Yield Percent	3.53%	N/A

Demographics (Median Values)*

Total Population 15176

Weekly Household Income 1231

Household Size 2.30

Average Age 37

Monthly Loan Repayment 1700

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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