OFF MARKET

1/27 Margaret Street
Mayfield East NSW 2304

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 119m2
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Property Details for 1/27 Margaret St, Mayfield East

1/27 Margaret St, Mayfield East is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
1983
Floor Size
119m2
Local Government
Newcastle
Lot/Plan
1/SP71145

Last Listing description (September 2017)

Brilliantly positioned in sought-after Mayfield East, this single level villa combines ultimate privacy with secure, low maintenance living and would be ideally suited to market newcomers, downsizers or fuss free investors looking to capitalise in today's fast paced property market. The first in a complex of three, generously proportioned interiors feature free flowing living spaces, a modern kitchen, two robed bedrooms supported by two bathrooms, internal laundry with third wc, a wonderfully private courtyard and single garage with additional driveway parking.
* Solidly built brick and tile villa flowing over one level.
* Free flowing living spaces connect to a modern gas kitchen.

* Two liberally sized bedrooms, each featuring built in robes.
* Ensuite off master plus well located three-way bathroom.
* Private rear courtyard provides a sunny alfresco retreat.
* Well equipped indoor laundry with convenient third wc.
* Single garage with internal access and additional driveway parking.
* Easy access to Newcastle CBD, beaches and Mayfield's retail precinct.
Council Rates: $350 PQ approx
Water Rates: $250 + Usage PQ approx
Strata Levies: $680 PQ approx
Rent Potential: $340 - $370 PW approx

Property History for 1/27 Margaret St, Mayfield East, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$415,000
24 Aug 2017
  • 24 Aug 2017
    Sold for $415,000
  • 02 Aug 2017
    Listed for Sale $390,000 - $410,000
  • 01 Dec 2007
    Listed for Sale Not Disclosed
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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 881 properties. Over the last 5 years, Houses in Mayfield East have seen a 64.68% increase in median value, while Units have seen a 51.30% increase. As at 31 July 2024:

  • The median value for Houses in Mayfield East is $932,449 while the median value for Units is $759,670.
  • Houses have a median rent of $608 while Units have a median rent of $560.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Mayfield east on OnTheHouse. According to CoreLogic's data, 39 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.