SOLD
Sold on 29 Apr 2024 for $420,000

22/3 Frost Drive
Mayfield West NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 132m2
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Property Details for 22/3 Frost Dr, Mayfield West

Building Type
Commercial
Floor Size
132m2
Local Government
Newcastle
Lot/Plan
22/SP80042

Last Listing description (June 2022)

Street frontage Warehouse with a/c office fitout, 130m2 in total that's cost efficient and still has presentation for a tight run business with its east outlook from its offices and gated drive entrance with 24 hr access
Huge value ready for your business to move in. Ideally suited for a digital on line supplemented operation.

Property History for 22/3 Frost Dr, Mayfield West, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$420,000
29 Apr 2024
Listed for Rent
$355/w
07 Dec 2021
  • 29 Apr 2024
    Sold for $420,000
  • 07 Dec 2021
    Listed for Rent $18,500 / year
  • 22 Dec 2020
    Listed for Rent $15,000 / year
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About Mayfield West 2304

The size of Mayfield West is approximately 2.5 square kilometres. It has 8 parks covering nearly 8.3% of total area. The population of Mayfield West in 2011 was 1,770 people. By 2016 the population was 1,896 showing a population growth of 7.1% in the area during that time. The predominant age group in Mayfield West is 20-29 years. Households in Mayfield West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield West work in a professional occupation. In 2011, 62.3% of the homes in Mayfield West were owner-occupied compared with 58% in 2016.

Mayfield West has 1,561 properties. Over the last 5 years, Houses in Mayfield West have seen a 74.52% increase in median value, while Units have seen a 42.50% increase. As at 31 July 2024:

  • The median value for Houses in Mayfield West is $840,281 while the median value for Units is $545,736.
  • Houses have a median rent of $595 while Units have a median rent of $675.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Mayfield west on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Mayfield west.

Suburb Insights for Mayfield West 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.