OFF MARKET

3/5-7 Channel Road
Mayfield West NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 215m2
Land area: 11286m2
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Property Details for 3/5-7 Channel Rd, Mayfield West

Building Type
Land
Floor Size
215m2
Land Size
11286m2
Local Government
Newcastle
Lot/Plan
3/SP79092

Last Listing description (July 2021)

Quality office space with abundant natural light and fantastic exposure. Located near the entrance to Steel River Industrial Estate, this suite has:

Reception/waiting area
Boardroom/meeting area plus separate office

Large open plan work space
Quality finishes throughout
Existing office furniture if required
Ducted air-conditioning
3 car spaces and easy street parking

Centrally located within 10 minutes of the Newcastle CBD & Port, it offers easy access to major freeways.

A must to inspect!

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Property History for 3/5-7 Channel Rd, Mayfield West, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$753,500
05 Nov 2020
Listed for Rent
$939/w
14 Jul 2021
  • 05 Nov 2020
    Sold for $753,500
  • 01 Jul 2020
    Listed for Sale $700,000 + GST if applicable
  • 07 May 2020
    Listed for Rent $51,450 / 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 1,581 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, 78 properties were sold in the past 12 months in Mayfield west.

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