Mayfield NSW Property Investment
Newcastle · 2304 · Score: 58/100 · Hold
Mayfield Short-Term Rental (Airbnb) Market
Mayfield NSW Investment Brief
HOLD — $1,052,968 median with 10.0%/yr growth over 5 years.
THE MARKET
Mayfield has compounded at 10.0%/yr over 5 years — a house that cost $653,810 in 2021 is worth $1,052,968 today. Properties are sitting on market for 39 days (roughly balanced conditions). At the same growth rate, today's median reaches $1,695,815 by 2031.
- Median house: $1,052,968 | Units: $747,804
- Gross yield: 3.5% | Net yield: 2.0%
- 5yr price CAGR: 10.0%/yr | 3yr forecast: 13.5%/yr
- Population: 15,807 | Owner-occupier rate: 58% | Affluence: Above Average
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 2.4% (improving) | Rental demand: High
- Median weekly rent: $700/wk | Days on market: 39 (stable)
- Balanced market — vacancy manageable but monitor trend.
SHORT-TERM RENTAL
- Median nightly rate: $543/night | Occupancy: 40%
- Estimated annual STR gross: ~$79,214/yr
- vs long-term rent: $36,400/yr (+118% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record.
- Transport: Thirlmere station 9.5km away
BULL CASE
If Mayfield maintains 3%+ annual growth and vacancy stays below 1.7%, median prices could reach $1,210,913 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Mayfield pull back 10-15% from $1,052,968, with vacancy rising to 4.3% and rental yields softening as tenants gain leverage.
KEY RISKS
- Distance from CBD may limit long-term capital growth potential
COMPARABLE MARKETS
- Barrack Heights (NSW): $919,310 median, 3.9% yield, 9.3% 1yr growth
- Fairfield West (NSW): $1,296,550 median, 2.7% yield, 7.1% 1yr growth
- Granville (NSW): $1,330,377 median, 2.7% yield, -4.9% 1yr growth
THE PLAY
Mayfield offers balanced fundamentals but does not present an urgent buying signal. The market is in a above_trend phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.
- Entry range: $947,671 – $1,158,265
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy dropping below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 10.0% + 10yr CAGR 8.7%
- +Low rental vacancy (2.4%) — constrained supply
- −High supply pipeline (4922 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
1,561
2020
1,138
2021
600
2022
696
2023
927
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 2304
Decile 4 of 10 — Average
Population
15,807
Education (IEO)
7/10
Econ. Resources (IER)
2/10
10-Year Investment Projection
Modelled on Mayfield NSW data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $700/wk median rent for Mayfield. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
Analyse a Property in Mayfield
Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Mayfield.
Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.