Mayfield, NSW

FAIR VALUE

10,230 sales · 36 years of data · NSW, Australia

$962,000
Median (All)
$1,002,000
Median (Houses)
$727,500
Median (Apartments)
8.4%
10yr CAGR
7.4%
36yr CAGR
9.3%
Strata %
36 years of data · 10,230 sales analysed · 2,500+ suburbs · Updated weekly

Mayfield, NSW Property Market Overview

Mayfield, NSW, 2304, presents a well-established property market with a rich history spanning 36 years. Located in the Newcastle region, Mayfield boasts a substantial dataset of 10,230 recorded sales, providing a comprehensive view of its property trends. The current median property price for all dwellings in Mayfield is $962,000, reflecting its position within the broader Newcastle property landscape.

Mayfield's property market is further characterised by a median house price of $1,002,000 and a median apartment price of $727,500. These figures highlight the diversity of property types available in Mayfield. With consistent growth over the long term, Mayfield remains a suburb of interest for both homeowners and those analysing the NSW property market.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $1,120,116
Based on the 10-year compound annual growth rate of 8.4%
Predominantly houses9% apartments
91% of sales are houses and other non-strata properties
Loading chart...

Property Mix

91%
Houses 91%$1,002,000Apartments 9%$727,500

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Mayfield

Street Rankings

Top streets in Mayfield, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Carrington StHouse10$1,257,500
2Myola StHouse5$1,270,000
3Barton StHouse23$1,000,200
4Church StApartment5$2,270,000

... and 167 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Wilkinson StApartment4$5,072/m²
2Baker StApartment14$5,059/m²
3Crebert StApartment4$6,284/m²
4Elizabeth StApartment4$7,369/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Barton StHouse+8.7%
2Ingall StHouse+9.2%
3Frith StHouse+9.7%
4Ingall StApartment+10.7%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

44
apartment buildings analysed
#AddressSalesMedian$/m²
149 Kerr St3$650,000$5,104/m²
2103 Crebert St4$1,135,500$6,284/m²
386 Ingall St11$830,000$5,061/m²
456 A Elizabeth St4$465,000$7,369/m²

... and 40 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

45
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

9%
apartments across 44 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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171 streets and 44 buildings to explore

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Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
44 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 10,230 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Mayfield at a Glance

Region
Newcastle Region
CBD Distance
Approximately 7km north-west of Newcastle CBD
Train Station
Waratah Station (Newcastle Line)
Council
City of Newcastle
Property Character
Established residential with a mix of houses and apartments
Community
Families and professionals

Mayfield, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Mayfield, NSW

Living in Mayfield offers a blend of suburban tranquility and urban convenience. The suburb is serviced by several schools, including Mayfield East Public School and San Clemente High School, catering to families with children. For shopping, residents can access local shops along Maitland Road, as well as larger retail centres in nearby suburbs. Parks and recreational areas such as Dangar Park provide green spaces for outdoor activities.

Mayfield's community vibe is characterised by a mix of long-term residents and new families, creating a welcoming atmosphere. Regular community events and local initiatives contribute to a strong sense of belonging. The suburb's proximity to Newcastle CBD ensures easy access to a wider range of amenities and employment opportunities. Public transport options include bus routes along major roads, connecting Mayfield to surrounding areas.


Who Buys in Mayfield?

Mayfield attracts a diverse range of buyers, including families drawn to the area's schools and parks. The median house price of $1,002,000 positions Mayfield as an attractive option for established families seeking larger homes. First-home buyers may find apartments, with a median price of $727,500, a more accessible entry point into the Mayfield property market. The 9.3% strata percentage indicates a smaller, but present, apartment market. Investors are also drawn to Mayfield, attracted by the suburb's historical growth rates and potential for rental income.

Market Analysis

Currently, the Mayfield property market is assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Mayfield are aligning with historical growth patterns. While market fluctuations are always present, Mayfield's current position indicates a balance between buyer demand and property supply.

This cycle position reflects a market where prices have not significantly deviated from their established trajectory. Therefore, Mayfield presents a stable environment for property transactions, with less pronounced price volatility compared to markets experiencing rapid growth or decline.


Is Mayfield a Good Investment?

Mayfield's historical growth patterns underscore its potential as a location for long-term capital appreciation. With a 10-year CAGR of 8.4% and a full-period CAGR of 7.4%, Mayfield has demonstrated consistent growth over time. The suburb's current cycle position, assessed as near its long-term trend, indicates that property prices reflect underlying market fundamentals.

The presence of both houses and apartments in Mayfield caters to a diverse range of tenants and buyers. Factors driving property values in Mayfield include its proximity to Newcastle CBD, access to amenities, and established community infrastructure. As of early 2026, these factors continue to support the ongoing demand for property in Mayfield.


Mayfield Market Outlook

As of early 2026, the Mayfield property market is assessed to be near its long-term trend, indicating fair value. Recent price trends reflect a stable market environment, with moderate fluctuations in response to broader economic conditions. Mayfield's consistent growth rates and established infrastructure suggest a resilient market, capable of weathering economic cycles. The suburb's proximity to Newcastle CBD and ongoing development projects contribute to its continued appeal.

Streets & Location in Mayfield, NSW

Mayfield, postcode 2304, comprises 171 streets, each contributing to the suburb's overall character. Among these, CARRINGTON ST, BULL ST, and NILE ST are notable for their higher median property prices. The suburb's location within the Newcastle region offers a balance of accessibility to urban amenities and a distinct community atmosphere. Mayfield's streetscape reflects a blend of established residences and modern developments.

Market Dynamics

The Mayfield property market exhibits efficient transaction patterns, with an average settlement timeframe of 45 days. This indicates a streamlined process for property sales within the suburb. Investor activity in Mayfield is reflected in the quick-flip percentage, which currently shows as N/A. This suggests that short-term speculation is not a major factor in the Mayfield market, although further analysis of ownership data would be needed to confirm this.

Development & Density

Mayfield features a mix of housing types, with houses forming the majority of properties and 44 apartment buildings contributing to the overall development density. The strata percentage of 9.3% reflects the proportion of apartments within the suburb's housing stock. Development trends in Mayfield indicate a gradual increase in medium-density housing options alongside established residential areas. This balanced approach to development helps maintain the character of Mayfield while accommodating population growth.

Growth & Property Mix

Mayfield's property market has demonstrated consistent long-term growth, as evidenced by its Capital Annual Growth Rates (CAGR). Over the past 10 years, Mayfield has achieved a CAGR of 8.4%, while the 20-year CAGR stands at 6.7%. Across the entire 36-year data period, Mayfield has maintained a CAGR of 7.4%. The property mix in Mayfield includes both houses and apartments, with apartments representing 9.3% of the market based on strata title percentages.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Mayfield, NSW

What is the median property price in Mayfield?
The current median property price in Mayfield is $962,000 for all dwellings. This includes a median house price of $1,002,000 and a median apartment price of $727,500, reflecting the diverse property options available.
Is Mayfield overvalued or undervalued?
According to our analysis, the Mayfield property market is currently near its long-term trend, indicating fair value. This suggests that prices are aligned with historical growth patterns and market fundamentals. The specific deviation from the trend is premium data.
How has the Mayfield property market performed over 10 years?
The Mayfield property market has shown strong growth over the past decade, with a 10-year Capital Annual Growth Rate (CAGR) of 8.4%. This indicates a substantial increase in property values over the period. This growth is a historical observation, not a prediction.
What percentage of Mayfield is apartments vs houses?
Apartments in Mayfield constitute 9.3% of the property market, as indicated by the strata title percentage. This suggests that houses are the dominant property type in the suburb. The remaining percentage is comprised of houses and other non-strata titled properties.
Where is Mayfield in the property cycle?
Our analysis places Mayfield near its long-term trend in the property cycle, suggesting fair value. This indicates a stable market where prices are closely aligned with historical growth. The exact trend deviation percentage is premium data for subscribers.
What schools are near Mayfield?
Mayfield is serviced by several schools, including Mayfield East Public School and San Clemente High School. These schools cater to families with children of various ages. There are also several other schools in neighbouring suburbs.
What is Mayfield like to live in?
Mayfield offers a blend of suburban tranquility and urban convenience. The suburb has local shops, parks such as Dangar Park, and a strong community feel. Mayfield is close to the Newcastle CBD, offering residents access to a wider range of amenities.
Is Mayfield good for families?
Mayfield can be an attractive option for families, with its schools, parks, and family-friendly amenities. The presence of both houses and apartments provides housing options for different family sizes and budgets. The suburb's location also provides relatively easy access to Newcastle CBD and employment opportunities.
How far is Mayfield from Sydney CBD?
Mayfield is located approximately 160km north of Sydney CBD. It is more closely located to Newcastle CBD, approximately 7km away. Transport options include driving, train, and bus.
What transport options are in Mayfield?
Mayfield offers several transport options, including bus routes along Maitland Road connecting to Newcastle and surrounding areas. The nearest train station is Waratah Station, on the Newcastle Line. Major roads provide easy access to the broader region.
How does Mayfield compare to nearby suburbs?
Compared to some nearby suburbs, Mayfield offers a more established residential environment. Median property prices in Mayfield are competitive within the Newcastle region. Growth rates are consistent with the broader Newcastle market and the surrounding areas.
Is Mayfield a good first home buyer suburb?
Mayfield may be an option for first home buyers, particularly those looking at apartments. The median apartment price of $727,500 offers a more accessible entry point compared to houses. Its location and amenities also make it appealing to first home buyers.
What are the best streets in Mayfield?
While "best" is subjective, CARRINGTON ST, BULL ST, and NILE ST are notable for their higher median property prices. These streets may offer larger properties or desirable locations within Mayfield. Further detailed street-level data is available to AusPropertyInsights.app premium subscribers.
How many properties have been sold in Mayfield?
Over the past 36 years, a total of 10,230 properties have been sold in Mayfield. This significant number of recorded sales provides a comprehensive view of the suburb's property market trends.
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