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Sold on 14 Aug 2024 for $1,000,200

99 Barton Street
Mayfield NSW 2304

Bedrooms: 6
Bathrooms: 3
Car spaces: -
Land area: 554m2
Sold By
Robinson Property
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Property Details for 99 Barton St, Mayfield

99 Barton St, Mayfield is a 6 bedroom, 3 bathroom House. The property has a land size of 554m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 6 bedroom House sold in Mayfield in the last 12 months.

Building Type
House
Land Size
554m2
Local Government
Newcastle
Lot/Plan
A/DP344186

Last Listing description (September 2024)

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

- Scope to increase current combined weekly rents of $1000pw with modern updates
- 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

A timeline of how this property has performed in the market
Last Sold
$1,000,200
14 Aug 2024
  • 14 Aug 2024
    Sold for $1,000,200
  • 19 Jul 2024
    Listed for Sale $1,000,200
  • 13 Nov 2010
    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 5,213 properties. Over the last 5 years, Houses in Mayfield have seen a 70.92% increase in median value, while Units have seen a 54.61% increase. As at 31 August 2024:

  • The median value for Houses in Mayfield is $885,085 while the median value for Units is $649,179.
  • Houses have a median rent of $620 while Units have a median rent of $478.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Mayfield on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Mayfield.

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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.