Suburb Profile Report for Mayfield TAS (7248)

Mayfield House: Median price $173,750, Annual capital growth 1.45%, Number of sales 45, Weekly median advertised rent $265

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Mayfield, 7248 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -6.84%.

If we look at median property appreciation over just the last three months, Mayfield has given property investors a paper return of -0.71%. This puts Suburb as 157 on a list of fastest fasting appreciating suburbs in TAS

Mayfield, 7248 is offering TAS ‘s 10th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this TAS.

In the last year 45 properties changed hands in Mayfield, which puts it as the 65th most active market in TAS when comparing the number of sales per suburb.

Situated 166.99km from the CBD, Mayfield is one of Launceston (C) localities in the postcode 7248.

Metrics i HOUSE UNIT
$173,750 N/A
-0.71% N/A
-6.84% N/A
1.45% N/A
$265 N/A
45 N/A
7.92% N/A
50.764705882353 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Above average (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
Chart Table