Mayfield is in the TOP 30% in NSW when comparing median price capital growth over the last year. Mayfield gave property investors a good capital gain figure when compared to the rest of the state, with 17.53%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mayfield comes in at number 455th in NSW.
The most recent median price for Mayfield is $570000, with sellers offering an average of -2.76% off the asking price.
Advertised rents are around the $420 mark per week – giving a return of 3.83% based on the median price in Suburb
With a capital gain of 26.91% for the last 12 months, Mayfield, 2304 has performed for property investments than its average annual 7.12% property growth over the last 5 years.
Over the longer term, Mayfield has seen property prices show investors a 41.83% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Mayfield is offering property investors an average of -4.27. This rate of discount on properties puts Suburb at number 425th in terms of most discounted suburbs in NSW
Situated 87.21km from the CBD, Mayfield is one of Newcastle localities in the postcode 2304.