OFF MARKET

79 Scholey Street
Mayfield NSW 2304

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 129m2
Land area: 458m2
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Property Details for 79 Scholey St, Mayfield

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.

Building Type
House
Year Built
1930
Floor Size
129m2
Land Size
458m2
Local Government
Newcastle
Lot/Plan
B/DP341930

Last Listing description (June 2024)

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.

- Large bedrooms.
- High ceilings, period features & picture rails.
- Formal dining between kitchen and lounge room.
- Neat kitchen with opportunity to extend into dining room.
- Bathroom with separate bath and shower.
- Vehicular access to yard and off-street parking.

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.

Property History for 79 Scholey St, Mayfield, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$480,000
11 Aug 2017
Listed for Rent
$370/w
09 May 2012
  • 28 Mar 2022
    Listed for Sale RECENT SALES
  • 11 Aug 2017
    Sold for $480,000
  • 14 Jul 2017
    Listed for Sale Not Disclosed
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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 5,143 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:

  • 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 25 properties listed for sale, and 3 properties listed for rent in Mayfield on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Mayfield.

Suburb Insights for Mayfield 2304

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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.