Mayfield at a glance
1,580
People
$468,000
Median sale
$448/wk
Median rent
4.98%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
$590,000
Last sold
12 Aug 2026
3
Bedrooms
1
Bathrooms
3
Car spaces
685 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
$590,000
12 Aug 2026
Local land rate: recorded House sales in Mayfield (last 5 years) with land size have a median of $553/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Mayfield at a glance
1,580
People
$468,000
Median sale
$448/wk
Median rent
4.98%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Mayfield
+26.1%
Median sale
Suburb $468,000
-1.03 pp
Gross yield
Suburb 4.98%
Suburb median $468,000 from 6 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
TASPlanning 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $448/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. Nearby development applications are not loaded for this property. 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. Net yield / holding costs are not estimated outside NSW without inventing land tax.
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
UnknownArea
Mayfield at a glance
1,580
People
$468,000
Median sale
$448/wk
Median rent
4.98%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Key2 PropertyThis immaculate home has been loved by the same owners for the past 65 years. The home has had updates over the years to reflect the lovely home that we present today.
Internally the home includes 3 bedrooms all with built-in robes plus a large hobby room/ 4th bedroom at the rear of the property. All bedrooms are serviced by the conveniently located bathroom with a separate bath and shower.
The large separate living is located at the front of the home and includes gas heating with a heat transfer system. The open timber kitchen is adjacent to the dining/meals area and offers access to the backyard and separate laundry.
There are numerous outbuilding and car accommodation options with a double carport, a separate single garage plus an additional single garage with a storage/workshop area adjoining. The yards are beautifully maintained and easy to care for and offer a mix of lawn, vegetable garden space and a beautiful paved gazebo area, perfect for entertaining and BBQs with friends.
This home is located within walking distance of the East Tamar Primary School, bus stops and convenience stores, plus a short drive to UTAS, Mowbray Shopping precinct and Launceston CBD.
- 3-4 bedrooms, open living;
- Loads of car accommodation and storage options;
- Walking distance to schools and conveniences;
- Paved outdoor gazebo and pristine gardens.
Water rates: $250 p/q approx.
Building size: 150m2 approx.
Land size: 685m2 approx.
Year built: 1954
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Ananda & Kate, Key2 Property — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
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
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.