At number 2953th in the list of Australian suburbs ordered by increase in median house value over the last year, Mayfield West, 2304 is in the BOTTOM 30% with a property value increase of -7.02% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mayfield West has increased when compared to the 5 year average annual rate.
Mayfield West, 2304 is offering NSW ‘s 170th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Situated 118.97km from the CBD, Mayfield West is one of Newcastle (C) localities in the postcode 2304.
Investment property in Mayfield West has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.10%
If we look at median property appreciation over just the last three months, Mayfield West has given property investors a paper return of 42.17%. This puts Suburb as 2 on a list of fastest fasting appreciating suburbs in NSW