Suburb Profile Report for Mayfield TAS (7248)

Mayfield House: Median price $182,500, Annual capital growth 2.73%, Number of sales 30, Weekly median advertised rent $243

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report

Mayfield has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 17.73% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mayfield has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Mayfield should be aiming for at least -9.97% off the asking price, which is the average vendor discount being achieved at the moment.

At number 80 in a list of fastest selling suburbs, Mayfield is in the TOP 10% of suburbs in Australia with an average of days on market 17.5 for properties listed there.

Metrics i HOUSE UNIT
$182,500 N/A
3.99% N/A
18.51% N/A
2.73% N/A
$243 N/A
30 N/A
6.91% N/A
45.266666 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Very good (H), Balanced (U)
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Demographics
Total population 1557
Median household income ($/weekly) 630
Median age of persons 32
Median housing loan repayment ($/monthly) 1036
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 258 16.6
    25-34 years 206 13.2
    35-44 years 214 13.7
    45-54 years 170 10.9
    55-64 years 147 9.4
    Others 563 36.1
    Age Group
    Census Count Percent(%)
    Not Married 580 54.9
    Registered Married 344 32.6
    Defacto Relationship 132 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1295 91.2
    Papua New Guinea 12 0.8
    United Kingdom 29 2.0
    United States of America 4 0.3
    Other 65 4.6
    Others 15 1.1
    Country of Birth
    Census Count Percent(%)
    Christianity 880 65.0
    No Religion 421 31.1
    Hinduism 32 2.4
    Other Religious Groups 11 0.8
    Buddhism 9 0.7
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 47 8.9
    $300-$399 74 14.0
    $400-$599 116 21.9
    $600-$799 86 16.2
    $800-$999 54 10.2
    Others 153 28.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 574 53.0
    Employed, worked full-time 230 21.2
    Employed, worked part-time 155 14.3
    Unemployed, looking for work 85 7.8
    Employed, away from work 40 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 51 12.1
    Community & personal service workers 57 13.5
    Sales 60 14.2
    Machinery operators & drivers 58 13.7
    Labourers 94 22.2
    Others 103 24.3
    Occupation
    Census Count Percent(%)
    Pre-school 20 5.5
    Infants/Primary 138 38.0
    Secondary 105 28.9
    Technical or Further Educational Institution 65 17.9
    University or other Tertiary Institutions 32 8.8
    Others 3 0.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1335 93.8
    Flat, unit or apartment 58 4.1
    Semi-detached, row or terrace house, townhouse 31 2.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 277 50.4
    Being purchased 150 27.3
    Fully owned 123 22.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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