Suburb Profile Report for Mayfield East NSW (2304)

Mayfield East House: Median price $496,000, Annual capital growth 6.60%, Number of sales 41, Weekly median advertised rent $400

Mayfield East Unit: Median price $445,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 9.05% which means that Mayfield East, 2304 has done well for property investors by showing a capital gain of 19.52% over the last year

Taking the average capital gain, or increase in median house value, Mayfield East,2304 has racked up an average of 19.52% over the period. This ranks it number 1144th in the whole country for real estate investors looking at median house price increases.

Mayfield East, 2304 is offering NSW ‘s 376th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.

At number 238 in a list of fastest selling suburbs, Mayfield East is in the TOP 10% of suburbs in Australia with an average of days on market 38.73 for properties listed there.

Mayfield East is 380th on a list of best yielding suburbs for rents in NSW with a 4.19% return

If we look at median property appreciation over just the last three months, Mayfield East has given property investors a paper return of -3.26%. This puts Suburb as 504 on a list of fastest fasting appreciating suburbs in NSW

The NSW suburb of Mayfield East, 2304 is in the Newcastle local government area.

Metrics i HOUSE UNIT
$496,000 $445,000
6.78% -3.26%
19.52% N/A
6.60% N/A
$400 $400
41 10
4.19% 4.67%
38.73 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (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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