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 › Morris St
$905,000
Last sold
12 July 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
519 m²
Land
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
$905,000
12 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Mayfield West (last 5 years) with land size have a median of $1,690/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
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
-9.0%
Median sale
Suburb $995,000
+0.31 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 Belle Property NewcastleBrimming with potential, this well positioned residence creates an appealing prospect for homebuyers and investors searching for something of a project, providing the option of simply tidying it up a little, or going for a full reno to really make it shine. Spanning two levels, the home provides great bones through an impressively spacious layout. Downstairs, timber floors sweep through its kitchen, open-plan living, and two bedrooms, while upstairs, there is another living area, plus two bedrooms. There is a bathroom on both levels, with a ground-level study completing the package. Out back, a spacious deck offers relaxed alfresco space overlooking a neat, grassy yard and freestanding garage/workshop. Moments from the university, the Mater and Mayfield's high street, there is plenty more to love about the property's location, which is also just over 10 minutes from Newcastle's vibrant CBD.
- Appealingly spacious family home, ideal for growing family or blended family set on conveniently located 519sqm. parcel
- Abundant natural light and timber floors enhance ground level, with great flexibility provided through upper level
- Air-conditioned open-plan living is overlooked by tidy kitchen feat. gas cooking, ample storage and breakfast bar
- Study features on ground level, with another lovely living space upstairs
- Four generous bedrooms (two up, two down) serviced by two bathrooms (one up, one down)
- One bedroom downstairs featuring a spacious walk-in robe
- Rear verandah provides effortless alfresco dining overlooking fully fenced, grassy yard
- Third WC off verandah, plus external laundry add convenience
- Freestanding double garage/workshop with dual roller doors at front, single roller door at rear providing plenty off street parking
- Easy access to public transport, schools, UoN and the Calvary Mater Hospital
- Less than five minutes' drive to Mayfield's high street (1.7km), and just over 10 minutes to Newcastle CBD (6km)
- The property is currently leased with a rental return of $580 per week
- Expected Rental Return of $650 - $700 per week in the current market
Listing description written by Nick Townsend, Belle Property Newcastle — reproduced as published, not verified by Districts.