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NSW › Mayfield East › George St

15 George St, Mayfield East NSW 2304

House

$830,000

Last sold

19 Aug 2023

3

Bedrooms

1

Bathrooms

2

Car spaces

397 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $830,000 (19 Aug 2023).(Recorded sale)
  • FactLand 397 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mayfield East (last 5 years) with land size: median $3,119/m² of land (n=68). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Newcastle Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 1 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

No verification items generated for this record.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$830,000

19 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Mayfield East (last 5 years) with land size have a median of $3,119/m² of land (n=68). Districts calculation from recorded sales — not a valuation.

Mayfield East at a glance

1,813

People

$1,160,000

Median sale

$685/wk

Median rent

3.07%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Mayfield East report →

Vs Mayfield East

-28.4%

Median sale

Suburb $1,160,000

+1.22 pp

Gross yield

Suburb 3.07%

Suburb median $1,160,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Newcastle Local Environmental Plan 2012

Zone

Low Density Residential

R2

Jurisdiction

Newcastle

Newcastle, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 100681287

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$830,00019 Aug 2023
  2. Listedprice unknowncompleted27 July 2023
  3. Listedprice unknowncompleted27 July 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 388 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $685/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 388 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low Density Residential · R2 (Newcastle Local Environmental Plan 2012). Official parcel area about 388 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Mayfield East in one glance

Mayfield East at a glance

1,813

People

$1,160,000

Median sale

$685/wk

Median rent

3.07%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Mayfield East report →

Keep researching

  • Why Mayfield East? Read the area thesis →
  • What else is on the market in Mayfield East →
  • Other records on George St →

Listing material

Listed by Street Property Group

A Treasured Gem Ready for New Beginnings

Cherished for an impressive 58 years, this double brick three-bedroom home eagerly awaits a new family to create their own treasured memories within its walls. Gorgeous ornate plaster ceilings, coloured glass windows and an ornamental fireplace exude heart-warming charm, while the rooms are spacious offering the perfect canvas for a contemporary renovation.

The prized north facing backyard beckons with possibilities. Whether you're a green-thumbed gardener or an entertainer at heart dreaming of an alfresco deck, the space eagerly accommodates your vision. A double garage and workshop already add convenience and practicality to this home.

Nestled in the booming suburb of Mayfield East, this home enjoys a prime location that brings a plethora of delights to your doorstep. Mayfield Pool, Bowling Club, and Islington Park are just a leisurely stroll away, ensuring there's always an opportunity for relaxation and fun within easy reach. Mayfield East Public and San Clemente High are close by, making the school run a breeze. And if that's not enough, Newcastle CBD and stunning beaches can be reached in under 10 minutes.

Read the full description

- Rendered double brick and tile home tightly held since 1965

- Lounge room with ornate plaster ceiling, timber floors, fireplace

- Family room flows into eat-in kitchen with gas stove

- Ducted air-conditioning to keep things comfortable

- Utility room with pull-down ladder into valuable attic space

- Three bedrooms served by previously updated bathroom

- Double garage with laundry and second toilet

- Three minute drive to Coles Mayfield and shops and buses on Maitland Road

- 7km to University of Newcastle, 9km to John Hunter Hospital

Auction on site Saturday 19th Aug at 9:45am.

Potential Rental Return: *$550 - $600 per week

Council Rates: *$2,006 pa

Water Rates: *$819 pa + usage

*Approximates only

DISCLAIMER

We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.

Listing description written by Damon Sellis, Street Property Group — reproduced as published, not verified by Districts.

Also look at

Also for sale in Mayfield East

  • 14 Mounter St, Mayfield East NSW 2304

    3-bed house. Asking $690K.

    For sale
  • 34 George St, Mayfield East NSW 2304

    4-bed house for sale. Asking $1.35M–$1.45M.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.