SOLD
Sold on 09 Aug 2024 for $511,500

3/11 Riverside Drive
Mayfield West NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 131m2
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Property Details for 3/11 Riverside Dr, Mayfield West

Building Type
Commercial
Land Size
131m2
Local Government
Newcastle
Lot/Plan
3/SP100219

Last Listing description (September 2022)

Located in the Steel River Estate in Riverside Drive

Near new warehouse or storage unit


Approximately 137sqm (subject to measurement)

Modern clean concrete construction

Large motorized roller door

Own toilet and kitchenette

Security fenced

Property History for 3/11 Riverside Dr, Mayfield West, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$511,500
09 Aug 2024
Listed for Rent
$20k/w
09 Sep 2022
  • 09 Aug 2024
    Sold for $511,500
  • 10 Aug 2022
    Listed for Rent $20,076 / week
  • 04 Sep 2020
    Sold for $283,500

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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 1,581 properties. Over the last 5 years, Houses in Mayfield West have seen a 75.53% increase in median value, while Units have seen a 47.66% increase. As at 30 November 2024:

  • The median value for Houses in Mayfield West is $864,704 while the median value for Units is $579,946.
  • Houses have a median rent of $585 while Units have a median rent of $470.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Mayfield west on OnTheHouse. According to CoreLogic's data, 80 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.