At number 1651th in the list of Australian suburbs ordered by increase in median house value over the last year, Mayfield West, 2304 is in the top 40% with a property value increase of 7.29% recorded in median house prices.
If we look at median property appreciation over just the last three months, Mayfield West has given property investors a paper return of 3.43%. This puts Suburb as 528 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Mayfield West is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 595th in terms of most discounted suburbs in NSW
Advertised rents are around the $400 mark per week – giving a return of 4.52% based on the median price in Suburb