2 Silsoe StreetMayfield NSW 2304
Property Details for 2 Silsoe St, Mayfield
2 Silsoe St, Mayfield is a 6 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 657.6m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom House sold in Mayfield in the last 12 months.
Last Listing description (September 2024)
This older style property is ready for its new owners! Whether you're an owner-occupier wanting to add your special touch and enjoy some rental income, or an investor seeking dual income, this property is sure to tick all the boxes.
The primary residence features 4 bedrooms with the potential for a 5th bedroom, 2 bathrooms (one older style and one brand new with a laundry), and 5 garage spaces along with a tool shed. Upstairs, you'll find two large bedrooms with built-in robes, and two smaller bedrooms. The spacious kitchen opens up to a large dining room and a light-filled lounge room. Downstairs, there's a versatile 5th bedroom or rumpus room.
The double-story granny flat boasts an open-plan living area downstairs, with kitchen and bathroom. Upstairs is a studio setup with the potential to enclose for a bedroom, and it also includes a single garage.
Outside, you'll enjoy a large enclosed pool area and a secure workshop area accessible from both the primary residence and the granny flat. All of this is situated on a 657.6m² block.
This property is brilliantly positioned at the end of a cul-de-sac, just 900m from Newcastle Technical College, approximately 1km from the Mayfield shopping district, and about 1.6km from Hamilton Train Station and Hamilton entertainment strip.
With the opportunity for renovations to increase rental returns, or the potential to convert the primary residence into two units for three income streams (subject to council approval), this property offers excellent investment potential.
Under the current set up, the property has an estimated rental return of $1,310 per week.
Water: $915.72 approx. per annum
Council: $2,232 approx. per annum
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Property History for 2 Silsoe St, Mayfield, NSW 2304
- 18 Sep 2024Sold for $910,000
- 27 Jun 2024Listed for Sale Guide $930,000
- 21 Sep 2022Listed for Sale $1,200,000
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0About Mayfield 2304
The size of Mayfield is approximately 3.2 square kilometres. It has 18 parks covering nearly 6.9% of total area. The population of Mayfield in 2011 was 9,070 people. By 2016 the population was 9,301 showing a population growth of 2.5% in the area during that time. The predominant age group in Mayfield is 20-29 years. Households in Mayfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield work in a professional occupation. In 2011, 58.3% of the homes in Mayfield were owner-occupied compared with 55% in 2016.
Mayfield has 5,220 properties. Over the last 5 years, Houses in Mayfield have seen a 64.63% increase in median value, while Units have seen a 49.10% increase. As at 30 November 2024:
- The median value for Houses in Mayfield is $887,092 while the median value for Units is $638,273.
- Houses have a median rent of $625 while Units have a median rent of $480.
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