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Mayfield EastMayfield East - SUBURB PROFILE REPORT
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Property investors have seen a 4.9% gain in MAYFIELD EAST based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MAYFIELD EAST, 2304 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 24.5%.
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 $813,000
Profits averaged 10.73% 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 $497.5 based on current median home prices for the suburb.
The gross rental yield in MAYFIELD EAST, 2304 is 3.18%.
An average of 2.83 real estate transactions take place per month in MAYFIELD EAST which translates to 34 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $813,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.9% | N/A |
| Median 12 month | 24.5% | N/A |
| Median 3 years | 32.2% | N/A |
| Median 5 years | 75.03% | N/A |
| 10 years average annual | 9.46% | N/A |
| Weekly media advert. rent | $497.5 | N/A |
| Time on Market | 19.0 days | N/A |
| Gross Rental Yield Percent | 3.18% | N/A |
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