FOR SALE
Price On Request

41 & 43 Margaret Street
Mayfield East NSW 2304

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 1037m2
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Welcome to 41 & 43 Margaret Street!

Discover a rare chance to invest in a unique property offering not one, but two charming houses on a generous 1,037sqm level block (approx.). With both homes currently tenanted, this is a fantastic opportunity for savvy investors or those looking to create their dream living space.
The possibilities are truly endless! Whether you're considering a long-term rental investment, redevelopment (STCA), or simply enjoying the current setup, this property offers a flexible canvas to suit your vision.
Situated in a fantastic location, you'll have easy access to an array of restaurants and cafes, perfect for indulging in the vibrant local culture. Explore nearby shops and enjoy the convenience of being just a short distance from the Newcastle CBD, where cosmopolitan living meets a relaxed lifestyle.
41 Margaret Street:
- 3 bedrooms
- 1 bathroom with second toilet
- Single garage with shed and covered patio
- Currently returning $450 per week
43 Margaret Street:
- 2 bedrooms
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Property Details for 41 & 43 Margaret St, Mayfield East

41 & 43 Margaret St, Mayfield East is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1037m2. The place is currently for sale with McFarlane Real Estate - CARDIFF.

Building Type
House
Land Size
1037m2

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About Mayfield East 2304

The size of Mayfield East is approximately 0.6 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Mayfield East in 2011 was 1,709 people. By 2016 the population was 1,703 showing a population decline of 0.4% in the area during that time. The predominant age group in Mayfield East is 20-29 years. Households in Mayfield East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield East work in a professional occupation. In 2011, 61.5% of the homes in Mayfield East were owner-occupied compared with 60.1% in 2016.

Mayfield East has 872 properties. Over the last 5 years, Houses in Mayfield East have seen a 64.34% increase in median value, while Units have seen a 46.31% increase. As at 31 October 2024:

  • The median value for Houses in Mayfield East is $941,220 while the median value for Units is $736,481.
  • Houses have a median rent of $608 while Units have a median rent of $570.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Mayfield east on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Mayfield east.

Suburb Insights for Mayfield East 2304

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Jacob McFarlane
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Emily Wong
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McFarlane Real Estate - CARDIFF
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.