At number 560th in the list of Australian suburbs ordered by increase in median house value over the last year, Mayfield East, 2304 is in the top 20% with a property value increase of 14.94% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Mayfield East comes in at number 889th in NSW.
Property investors looking for a bargain in Mayfield East should be aiming for at least -6.23% off the asking price, which is the average vendor discount being achieved at the moment.
Sellers are offering property buyers an average discount of -1.25% to buyers in Mayfield East at the moment, which is less than average for the rest of NSW.
Residents and property investors in Mayfield East have been waiting around 80.1 days to sell a property.
Advertised rents are around the $400 mark per week – giving a return of 4.52% based on the median price in Suburb