Suburb Profile Report for Mayfield East NSW (2304)

Mayfield East House: Median price $560,000, Annual capital growth 7.73%, Number of sales 29, Weekly median advertised rent $398

Mayfield East Unit: Median price $479,000, Annual capital growth 4.13%, Number of sales 12, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Mayfield East have tracked higher than the NSW average of 11.06% over the last 12 months.

The five-year average increase in median property values for Mayfield East,2304 has given property investors a potential capital gain of 60.00% across each of those five years.

Vendor discounting in Mayfield East is giving property investors an average Vendor Discount of around -3.65%. This puts suburb at number 948th in NSW when ranking the most discounted suburbs.

A $397.5 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 7.73%.

Mayfield East is in the bottom 40% in NSW when comparing median price capital growth over the last year. Mayfield East gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.13%.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

Metrics i HOUSE UNIT
$560,000 $479,000
9.27% N/A
26.98% 4.13%
7.73% 4.13%
$398 $400
29 12
3.69% 4.34%
19.53 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 1709
Median household income ($/weekly) 1069
Median age of persons 36
Median housing loan repayment ($/monthly) 1690
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 164 9.6
    25-34 years 308 18.0
    35-44 years 258 15.1
    45-54 years 202 11.8
    55-64 years 172 10.1
    Others 606 35.4
    Age Group
    Census Count Percent(%)
    Not Married 646 52.6
    Registered Married 401 32.6
    Defacto Relationship 182 14.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1388 86.6
    Japan 14 0.9
    Papua New Guinea 23 1.4
    United Kingdom 29 1.8
    Other 48 3.0
    Others 101 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.9
    Christianity 1005 64.8
    Islam 16 1.0
    Other Religious Groups 13 0.8
    No Religion 495 31.9
    Others 7 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 76 11.9
    $600-$799 62 9.7
    $1,000-$1,249 75 11.8
    $1,500-$1,999 78 12.3
    $2,000-$2,499 63 9.9
    Others 282 44.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 527 39.7
    Not in the labour force 458 34.5
    Employed, worked part-time 230 17.3
    Unemployed, looking for work 61 4.6
    Employed, away from work 51 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 194 24.0
    Technicians & trades workers 117 14.4
    Clerical & administrative workers 109 13.5
    Sales 89 11.0
    Labourers 84 10.4
    Others 217 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 24 6.1
    Infants/Primary 114 29.2
    Secondary 67 17.1
    Technical or Further Educational Institution 60 15.3
    University or other Tertiary Institutions 112 28.6
    Others 14 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1380 89.8
    Flat, unit or apartment 106 6.9
    Semi-detached, row or terrace house, townhouse 51 3.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 253 37.8
    Rented 242 36.2
    Fully owned 171 25.6
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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