Suburb Profile Report for Mayfield West NSW (2304)

Mayfield West House: Median price $448,000, Annual capital growth 5.65%, Number of sales 39, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report

Mayfield West has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.82% to date .

If we look at median property appreciation over just the last three months, Mayfield West has given property investors a paper return of 2.40%. This puts Suburb as 635 on a list of fastest fasting appreciating suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Mayfield West itself are offering an average vendor discount of -4.68% to real estate investors.

On average over the past year, suburb has had 3.25 sales per month, which equates to 39 per year.

Property investors should expect to get $395 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$448,000 N/A
2.40% N/A
3.82% N/A
5.65% N/A
$395 N/A
39 N/A
4.58% N/A
59.12 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1770
Median household income ($/weekly) 944
Median age of persons 36
Median housing loan repayment ($/monthly) 1647
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 175 9.9
    25-34 years 286 16.1
    35-44 years 241 13.6
    45-54 years 213 12.0
    55-64 years 182 10.3
    Others 675 38.1
    Age Group
    Census Count Percent(%)
    Not Married 617 48.4
    Registered Married 485 38.1
    Defacto Relationship 172 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1441 89.3
    Greece 12 0.7
    Papua New Guinea 19 1.2
    United Kingdom 31 1.9
    Other 29 1.8
    Others 81 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.6
    Christianity 1131 72.9
    Islam 9 0.6
    Other Religious Groups 14 0.9
    No Religion 379 24.4
    Others 9 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 75 11.9
    $400-$599 74 11.7
    $600-$799 69 10.9
    $800-$999 68 10.8
    $1,500-$1,999 79 12.5
    Others 266 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 516 39.1
    Employed, worked full-time 453 34.3
    Employed, worked part-time 238 18.0
    Unemployed, looking for work 60 4.5
    Employed, away from work 53 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 157 21.2
    Technicians & trades workers 126 17.0
    Community & personal service workers 74 10.0
    Clerical & administrative workers 94 12.7
    Labourers 93 12.6
    Others 196 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 34 9.0
    Infants/Primary 110 29.1
    Secondary 79 20.9
    Technical or Further Educational Institution 51 13.5
    University or other Tertiary Institutions 93 24.6
    Others 11 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1436 88.4
    Flat, unit or apartment 170 10.5
    Semi-detached, row or terrace house, townhouse 12 0.7
    House or flat attached to a shop, office 6 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 229 34.4
    Being purchased 225 33.8
    Fully owned 209 31.4
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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