99 Barton StreetMayfield NSW 2304
Property Details for 99 Barton St, Mayfield
99 Barton St, Mayfield is a 2 bedroom, 1 bathroom Townhouse. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Townhouse sold in Mayfield in the last 12 months.
Last Listing description (August 2024)
Triple income investment in prized street
Perched at the top of Barton Street, this brick and tile property is currently divided into three two-bedroom units, all occupied by happy, long-term tenants. Together, they bring in a combined rental income of $1000 per week, making this a lucrative triple-income investment. You can maintain the current setup and continue to enjoy these steady returns. But there's also room for growth. With a few cosmetic updates, or even a full renovation, you can boost the rental income even further. Plus, with a generous 550.1sqm landholding, there's potential for a brand-new build, subject to council approval.
The location of this property combines peace and convenience. It offers quick access to arterial roads leading in and out of Newcastle, with the city just over 10 minutes away. You can easily walk to the Balance Collective gym for a workout and a swim, while Hunter Christian School nearby makes school drop-offs a breeze. Plus, with all three major supermarkets and several cafes on nearby Maitland Road, your daily errands couldn't be easier.
- Circa 1940s brick and tile property, currently configured as 3 x 2-bed, 1-bath units
- 550.1sqm block with approx. dimensions of 20.12m X 27.43m
- 190m Hunter Christian School, 800m Mayfield West Public School, San Clemente 1300m, 1200m to St Columban's Primary, 2.4km Callaghan College
- 9 mins/5.5km into Newcastle CBD, 15mins/8km to beautiful Bar Beach
Property History for 99 Barton St, Mayfield, NSW 2304
- 14 Aug 2024Sold for $1,000,200
- 19 Jul 2024Listed for Sale $1,000,200
- 13 Nov 2010Listed 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 5,219 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.
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