SOLD
Sold on 17 Apr 2024 for $3,700,000

9 Riverside Drive
Mayfield West NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4357m2
Sold By
Benjamin Morello
COMMERCIAL COLLECTIVE
Byrne Tran
COMMERCIAL COLLECTIVE
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Property Details for 9 Riverside Dr, Mayfield West

Building Type
Land
Land Size
4357m2
Local Government
Newcastle
Lot/Plan
63/DP270249

Last Listing description (September 2020)

Latest Land Release - Secure you lot in Stage 10 today and settle end of 2020!

Now available, the long anticipated new stage industrial land release in one of Newcastle's most popular Industrial Estate's.

The Steel River Industrial Estate offers exceptional accommodation solutions for logistics, manufacturing, warehousing, research, training facilities and general industrial services.

Located only 10 minutes to the Newcastle CBD and Airport, and only 5 mins to Kooragang Island Bulk Terminals.

Fully serviced level lots with areas from 4223m2 available, with quality surrounding development including companies like CSIRO,
Horan Steel, Bradken, Housing Industry Association, Ullrich Aluminuim, Hunter Water Australia, Kone Cranes and a wide variety of other industrial and commercial based users.

Can you afford to miss out on Newcastle's most desirable industrial land offering?
For further information and to register your interest, contact our office today.

Property History for 9 Riverside Dr, Mayfield West, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$3,700,000
17 Apr 2024
Listed for Rent
15 Nov 2018
  • 17 Apr 2024
    Sold for $3,700,000
  • 29 Jul 2020
    Listed for Sale $1,102,400.00 ex GST
  • 19 Feb 2020
    Sold for $2,650,000
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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, 77 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.