5 Mayfield St, Mayfield is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1955. The property has a land size of 557m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Here is a terrific two bedroom home located within a short walk to local supermarket, butcher's shop and bakery and very easy access to the Mowbray Shopping, Business Centre and the University. This home is very well presented with electric heat-pump, NBN and solar panels on the roof for very minimal power bills. There is also a garage plus a large carport for a motor home plus other sheds. The garden is north facing and has many fruit trees and vegetable gardens. With a lease in place through to March 2019, this is an outstanding investment opportunity at 7% return, and would make a great addition to your property portfolio.
The size of Mayfield is approximately 0.9 square kilometres. It has 2 parks covering nearly 2% of total area. The population of Mayfield in 2011 was 1,557 people. By 2016 the population was 1,470 showing a population decline of 5.6% in the area during that time. The predominant age group in Mayfield is 0-9 years. Households in Mayfield are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mayfield work in a labourer occupation. In 2011, 47.4% of the homes in Mayfield were owner-occupied compared with 45.2% in 2016.
Mayfield has 582 properties. Over the last 5 years, Houses in Mayfield have seen a 75.74% increase in median value, while Units have seen a 51.36% increase. As at 31 October 2024:
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