OFF MARKET

1B/5 Margaret Street
Mayfield East NSW 2304

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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Last updated 18 Nov 2024
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Property Details for 1b/5 Margaret St, Mayfield East

1b/5 Margaret St, Mayfield East is a 3 bedroom, 1 bathroom House.

Building Type
House
Local Government
Newcastle

Last Listing description (July 2023)

Short stroll to local amenities of shops, park and pool and only 4km from Newcastle's CBD and beaches.

- 2 bedrooms with an additional room for study or living.

- Brand new kitchen including electric cooktop and oven.
- New flooring throughout with hybrid timber floor boards to living areas and carpeted bedrooms.
- Light filled with high ceilings, decorative paneling, hybrid timber flooring and character details.
- Ceiling fans to master and living rooms.
- Renovated modern bathroom with bath tub.
- Internal launderette with new washing line.
*BONUS: Water supply and usage included.

An outstanding lifestyle location with a short stroll to Dangar park, swim centre, shops and cafes. Newcastle CBD and beaches. Only 700m to Mayfield East Primary School, 800m to Mayfield shops, 2km to Beaumont St Hamilton's cafes and restaurants, 4km to Newcastle Beach and CBD.

Property History for 1b/5 Margaret St, Mayfield East, NSW 2304

A timeline of how this property has performed in the market
Listed for Rent
$495/w
05 Jul 2023
  • 05 Jun 2023
    Listed for Rent $495 / week

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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 872 properties. Over the last 5 years, Houses in Mayfield East have seen a 64.34% increase in median value, while Units have seen a 46.31% increase. As at 31 October 2024:

  • The median value for Houses in Mayfield East is $941,220 while the median value for Units is $736,481.
  • Houses have a median rent of $608 while Units have a median rent of $570.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Mayfield east on OnTheHouse. According to CoreLogic's data, 36 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.