Mayfield West at a glance
2,275
People
$995,000
Median sale
$604/wk
Median rent
3.16%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
NSW › Mayfield West › Miller St
$918,000
Last sold
11 May 2021
6
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$918,000
11 May 2021 · derived via latest_sale
Mayfield West at a glance
2,275
People
$995,000
Median sale
$604/wk
Median rent
3.16%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Mayfield West
-7.7%
Median sale
Suburb $995,000
+0.26 pp
Gross yield
Suburb 3.16%
Suburb median $995,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $604/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Mayfield West at a glance
2,275
People
$995,000
Median sale
$604/wk
Median rent
3.16%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts NewcastleA dual income investment just 2.5km from the University of Newcastle, or a property big enough to fit your large, extended family, this fully renovated 3-bedroom home and modern 3-bedroom granny flat ticks every box.
Renovated to perfection with open plan living, a Caesarstone kitchen and a deck for alfresco entertaining, you can buy with total confidence knowing there's not a single task that requires your attention.
Completed 2017, the separate granny flat is equally as impressive with the same level of high-quality finish. It's currently utilised as short stay accommodation and generating solid returns.
With potential to return a combined $1,000 per week on separate tenancies, you will be hard pressed to find such a rock-solid investment. Yet for those with a need to accommodate older family members or the in-laws, you won't find a better home that allows you all to live close at hand yet not underfoot.
Just 8 kilometres from Newcastle CBD, Mayfield West is perfectly placed to offer superb connectivity to the region's hospitals and world-class university as well as Newcastle airport and the M1 Pacific Motorway. Supermarkets and everyday essentials are available in Mayfield town centre, Waratah and Warabrook.
Main House
- Fully renovated in 2016 including new iron roof, insulation, gyprock and windows
- Air-conditioned lounge room with timber floors
- All three bedrooms with built-in robes and ceiling fans, one opens to front courtyard
- Caesarstone kitchen with gas cooktop, electric oven and dishwasher
- Full-size family bathroom with clawfoot bath and frameless shower, second w/c
- North facing covered deck with combustion fire overlooks easycare garden
- Fully lined single garage with auto door and ample off-street parking on driveway
Granny Flat
- Open plan layout with a/c and Caesarstone kitchen with gas cooktop & electric oven
- All three bedrooms fitted with built-in robes and ceiling fans
- Covered alfresco entertaining area bordered by low maintenance garden beds
- Fully tiled bathroom with shower plus handy second w/c and own laundry
- Airbnb figures available on request
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Listing description written by Blake Phelps, Harcourts Newcastle — reproduced as published, not verified by Districts.