Mayfield, 2304 ranked 356th 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
A 44.78% growth in median value for property investors in Mayfield,2304 puts this suburb at number 854th in terms of best performing suburbs in NSW
The most recent median price for Mayfield is $485000, with sellers offering an average of -4.68% off the asking price.
With the median price for a house in Mayfield being $485000 and the advertised rent reaching $397 the gross rental yield for property investors calculates out to be 4.26%
At number 395th in the list of Australian suburbs ordered by increase in median house value over the last year, Mayfield, 2304 is in the top 30% with a property value increase of 9.93% recorded in median house prices.
The five-year average increase in median property values for Mayfield,2304 has given property investors a potential capital gain of 40.68% across each of those five years.
Sellers are offering property buyers an average discount of -3.37% to buyers in Mayfield at the moment, which is less than average for the rest of NSW.
At number 356 in a list of fastest selling suburbs, Mayfield is in the TOP 30% of suburbs in Australia with an average of days on market 57.92 for properties listed there.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.39%, without taking into account capital value appreciation, which has been averaging out at 4.09%.