Over the last year, property investments in Mayfield, 2304 have given investors a capital gain of 13.64%. This compares favourably with the 8.26% for NSW as a whole.
Mayfield,2304 has offered an average of 13.64% return per annum in house price rises to property investors over the last three years.
Mayfield, 2304 is offering NSW ‘s 575th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.99%, investors should hope to achieve an overall return of 4.16%
NSW has seen average median house prices change by 6.07% which means that Mayfield, 2304 has done well for property investors by showing a capital gain of 17.84% over the last year
Comparing Mayfield,2304 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Mayfield is giving property investors an average Vendor Discount of around -2.23%. This puts suburb at number 438th in NSW when ranking the most discounted suburbs.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.17%, without taking into account capital value appreciation, which has been averaging out at 4.76%.