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Sold on 24 Sep 2024 for $675,000

5/16 Myola Street
Mayfield NSW 2304

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 76m2
Land area: 1228m2
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Property Details for 5/16 Myola St, Mayfield

5/16 Myola St, Mayfield is a 2 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 1228m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Mayfield in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
76m2
Land Size
1228m2
Local Government
Newcastle
Lot/Plan
2/SP70925

Last Listing description (October 2024)

This charming two-bedroom unit is part of an intimate complex of just five residences, ensuring a peaceful retreat while still being steps away from the vibrant energy of nearby cafes, shops, and amenities. The thoughtfully designed interiors are bathed in natural light, creating a warm and inviting atmosphere that feels like home the moment you step inside.

Set back from the street, this unit provides a private haven where you can unwind and enjoy the serenity of your surroundings. The well-appointed kitchen and open-plan living area flow seamlessly onto a cozy outdoor space, perfect for morning coffee or evening relaxation. Whether you're a first-time buyer, downsizer, or savvy investor, 5/16 Myola Street is a rare find that combines the best of both worlds, urban convenience and a peaceful lifestyle.


Property Highlights:
- One of five brick townhouses in a quiet complex, offering privacy
- Double level with living downstairs and bedrooms on the first floor
- Undercover porch and entry
- Timber floorboards on entry, flowing through the ground floor, with plush carpets on the first floor
- Generously sized kitchen offering an electric cooktop, electric oven, and ample pantry space
- Generously sized private courtyard with an undercover area and a strip of astroturf
- Master bedroom offers a generously sized robe and ceiling fan
- Second bedroom offers a large robe and ceiling fan
- Reverse cycle air conditioning in the main living area
- Attached garage/laundry with house and courtyard access
- Large main bathroom with shower and bath
- Located a short walk to Maitland Road, the main road of Mayfield, offering cafes and shops to meet everyday needs
- Located just 5.8 km from the vibrant Newcastle CBD, providing ample shopping solutions, restaurants, and beaches

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Property History for 5/16 Myola St, Mayfield, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$675,000
24 Sep 2024
Listed for Rent
$500/w
07 Sep 2023
  • 06 Sep 2024
    Sold for $675,000
  • 21 Aug 2024
    Listed for Sale $675,000
  • 30 Aug 2023
    Listed for Rent $500 / week
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About 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 5,151 properties. Over the last 5 years, Houses in Mayfield have seen a 67.99% increase in median value, while Units have seen a 51.36% increase. As at 31 October 2024:

  • The median value for Houses in Mayfield is $886,724 while the median value for Units is $637,875.
  • Houses have a median rent of $620 while Units have a median rent of $480.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Mayfield on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Mayfield.

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