OFF MARKET

1/15 Margaret Street
Mayfield East NSW 2304

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 1059m2
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Property Details for 1/15 Margaret St, Mayfield East

1/15 Margaret St, Mayfield East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 1059m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1994
Floor Size
91m2
Land Size
1059m2
Local Government
Newcastle
Lot/Plan
1/SP45733

Last Listing description (November 2024)

Set in a boutique complex of only 4 units. This street frontage property is the pick of the bunch. Spacious combined lounge/dining greets you upon entry. Two generous bedrooms both with built-ins are separated by central bathroom consisting of independent bath and shower. Functional kitchen offers ample storage, newly painted interior delivers a fresh palate. Single lock up garage plus extra off-street parking for 2nd vehicle. Picket fence façade with cute, landscaped gardens and grassed area. Excellent inner-city location, perfect for those looking to downsize or first home opportunity. Strong past rental history also allows for solid investment prospect as well.

Zoning: R2 Low Density Residential
Council: Newcastle

Land Rates: $1688pa approx
Water Rates: $728pa approx
Strata Levies: $3075pa approx

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/15 Margaret St, Mayfield East, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$610,699
04 Aug 2023
Listed for Rent
$350/w
24 Jun 2019
  • 04 Aug 2023
    Sold for $610,699
  • 19 Jul 2023
    Listed for Sale RECENT SALES
  • 18 May 2023
    Listed for Sale RECENT SALES
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About Mayfield East 2304

The size of Mayfield East is approximately 0.6 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Mayfield East in 2011 was 1,709 people. By 2016 the population was 1,703 showing a population decline of 0.4% in the area during that time. The predominant age group in Mayfield East is 20-29 years. Households in Mayfield East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield East work in a professional occupation. In 2011, 61.5% of the homes in Mayfield East were owner-occupied compared with 60.1% in 2016.

Mayfield East has 882 properties. Over the last 5 years, Houses in Mayfield East have seen a 60.97% increase in median value, while Units have seen a 38.65% increase. As at 30 November 2024:

  • The median value for Houses in Mayfield East is $941,647 while the median value for Units is $724,332.
  • Houses have a median rent of $640 while Units have a median rent of $570.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Mayfield east on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Mayfield east.

Suburb Insights for Mayfield East 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.