79 Scholey St, Mayfield is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 458m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
A home with opportunity, space and character! This property was built circa 1930 and has seen both residential and commercial ownership through its lifetime, once operating as a Milk Bar for the Mayfield Locale. The property is currently tenanted and performs as a solid investment returning $370.00 per week.
Mayfield is now noted as one of New South Wales smartest suburbs for investing money. The suburb lies on the cusp of Newcastle City and offers a lifestyle and culture of its own with a major shopping hub, cafés, restaurants and bars all within walking/riding distance. From Mayfield you are a 5 minute drive to the City and 7 minute drive to the beaches. Cycling tracks take you the Newcastle Harbour and into Beaumont Street, Hamilton, one of Newcastle's favourite night spots and dining strips.
- Multiple living rooms.
Note: The property is located next to the port rail line. Passenger trains DO NOT pass by this home only transport trains travelling slowly and passing rarely.
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 5,143 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:
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