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 › Buruda St
$700,000
Last sold
27 Nov 2020
4
Bedrooms
1
Bathrooms
2
Car spaces
814 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
$700,000
27 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Mayfield West (last 5 years) with land size have a median of $1,698/m² of land (n=75). 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
-29.6%
Median sale
Suburb $995,000
+1.33 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 Presence Real EstateThis property is a developer or renovators dream come true. Set on a quiet, low traffic street it's close enough to the shopping hub of Mayfield to be ultra-convenient, but far enough away to be clear of the hustle and bustle. It's an amazing prospect for first home buyers just five minutes' drive from the University of Newcastle or investors looking for rental returns with a view to build-on down the track.
The high ceilings with ornate trim and timber floorboards set the feel for this four-bedroom house, which can also see one bedroom used as a generous office/study area overlooking the backyard. The separate lounge and dining rooms offer plenty of space to relax or share a family meal, while the clean bathroom features a combination shower/bath connected to a gas hot water system with a separate w/c at the rear of the house. The kitchen is adorned with a large stainless steel, five-burner gas cooktop as well as a dishwasher and plentiful storage space. The large, fully fenced, level block extends to an enormous backyard, big enough for pets or to accept a second dwelling (STCA).
This versatile address would suit the first home buyer, renovator or developer alike. The unusually large block size offers multiple opportunities for the future while the house itself is ready to rent or accept a buyer to their first home, with room to grow. Close to clubs, cafes and Waratah Train station, but far enough removed to offer a peaceful respite amongst nature, it's an urban oasis.
• Front deck overlooking colourful garden
• Large, level block perfect for development
• Floor to ceiling built-in wardrobe in main bedroom
• Close to transport, public and high schools, Tafe and the University
• Gas heating in dining room
• Large, light filled bedrooms
• Fourth room at the rear perfect for office or another bedroom
• Low maintenance lawn and large water tank
• Sperate dining and lounge rooms
• Driveway large enough fit two cars
***Health & Safety Measures are in Place at All Private Inspections
***Pre-registered inspection attendees will have to answer health and safety survey to qualify to have a physical inspection at the property
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Ryan Nichols, Presence Real Estate — reproduced as published, not verified by Districts.