AREA REPORTS

Mayfield West

NSW/
Mayfield west

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 16.55% over the last 12 months in MAYFIELD WEST, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 34.58% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.

On average, rents on listings have reached the $440 mark, reflecting a 4.05% increase in returns based on the current median price in MAYFIELD WEST.

MAYFIELD WEST, 2304 ranks 149th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 351st on the list of best yielding suburbs for rental properties in NSW, posting a 4.05% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $565,250 $345,000
GROWTH REPORT
Median Quarterly -0.83% -15.85%
Median 12 month 16.55% -29.23%
Median 3 years 34.58% N/A
Median 5 years 70.26% N/A
10 years average annual 7.17% -29.23%
Weekly media advert. rent $440 $335
Time on Market 41.5 days 0.0 days
Gross Rental Yield Percent 4.05% 5.05%
demographics (median values)
Total Population
1650
Weekly Household Income
683.1
Household Size
2.20
demographics
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