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Sold on 29 Oct 2024 for $790,000

7 York Street
Mayfield NSW 2304

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 455m2
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Property Details for 7 York St, Mayfield

7 York St, Mayfield is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 455m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Mayfield in the last 12 months.

Building Type
House
Land Size
455m2

Last Listing description (October 2024)

This expansive 455sqm2 property with dual frontage on Sunnyside Street is perfectly positioned within the Mayfield Renewal Corridor, an area identified for future growth and ideal for apartment development.

Currently housing a well-maintained home featuring 3 bedrooms, 1 bathroom, and ample off-street parking, this property offers immediate rental income of $500 per week. The R4 High Density Residential zoning, potential build height of 14 meters, and floor space ratio of 1:5:1 provide a multitude of development opportunities.

Additional highlights include:

Proximity to educational institutions: Waratah Public School, Corpus Christi Primary, St Philip's Christian College, Callaghan College, and Tilly's Childcare.
Just 200 meters from Waratah Station.
700 meters to Mayfield town center.
300 meters from the Medical Centre, Mayfield Ex-Services Club, and Genesis Gym.
Only 4.8 km (10 minutes) to Newcastle CBD and 6 km (15 minutes) to Bar Beach.

Disclaimer:
All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.

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Property History for 7 York St, Mayfield, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$790,000
29 Oct 2024
  • 22 Oct 2024
    Sold for $790,000
  • 15 Aug 2024
    Listed for Sale Under Offer
  • 18 May 2011
    Sold for $280,000
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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 5,219 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.
There are currently 19 properties listed for sale, and 4 properties listed for rent in Mayfield on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Mayfield.

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