Mayfield, 2304 ranked 408th in NSW when comparing growth in median property values or capital gain over the last 12 months. Mayfield is one of 3163 in our list for NSW
Over the longer term, Mayfield has seen property prices show investors a 28.86% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Mayfield itself are offering an average vendor discount of -5.50% to real estate investors.
Residents and property investors in Mayfield have been waiting around 36.39 days to sell a property.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.88%, investors should hope to achieve an overall return of 4.14%
Property value increases in Mayfield have tracked higher than the NSW average of 6.22% over the last 12 months.
Taking the average capital gain, or increase in median house value, Mayfield,2304 has racked up an average of 23.58% over the period. This ranks it number 382th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Mayfield is $435000, with sellers offering an average of -2.23% off the asking price.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.70%, investors should hope to achieve an overall return of 4.18%