Mayfield West, NSW
FAIR VALUE2,599 sales · 36 years of data · NSW, Australia
Mayfield West, NSW Property Market Overview
Mayfield West, NSW, postcode 2304, presents a well-established residential market with a substantial sales history. With 36 years of recorded data and 2,599 total sales, the suburb offers a comprehensive historical perspective on property trends. The current median property price for all types in Mayfield West is $750,000, with houses at $915,000 and apartments at $605,000.
Mayfield West provides a diverse range of housing options, catering to various buyer preferences. Its location within NSW makes it an attractive area for those seeking a balance between suburban living and access to urban amenities. The suburb's long-term growth, as reflected in its capital appreciation rates, underscores its enduring appeal within the broader Newcastle property market.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Mayfield West
Top streets in Mayfield West, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Frost Dr | $350,000 |
| 2 | Maitland Rd | $748,500 |
| 3 | Maitland Rd | $748,000 |
| 4 | Miller St | $940,000 |
... and 52 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Norris Ave | $1,634/m² |
| 2 | Spit Island Cl | $7,333/m² |
| 3 | Gregson Ave | $4,658/m² |
| 4 | Thornton Ave | $1,813/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Norris Ave | +8.7% |
| 2 | Gordon St | +7.2% |
| 3 | Buruda St | +7.4% |
| 4 | Tourle St | +6.5% |
... 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-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 5 A Murray Dwyer Cct | $2,510,000 |
| 2 | 8 Spit Island Cl | $220,000 |
| 3 | 5 B Murray Dwyer Cct | $269,472 |
| 4 | 8 Murray Dwyer Cct | $360,000 |
... and 72 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 →Flipper risk & hold period analysis
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 →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
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 →Unlock the full Mayfield West analysis
56 streets and 76 buildings to explore
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Mayfield West at a Glance
Mayfield West, NSW
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Local Amenities
Living in Mayfield West, NSW
Living in Mayfield West offers a blend of suburban tranquility and convenient access to amenities. The suburb is well-serviced by schools, including Mayfield West Public School and San Clemente High School, catering to families with children. For shopping, residents can easily access nearby centres like the Mayfield shopping precinct and Stockland Jesmond.
Mayfield West provides several parks and green spaces, such as Stevenson Park and Dangar Park, offering opportunities for recreation and relaxation. While Mayfield West doesn't have a train station directly within its boundaries, regular bus services connect residents to nearby transport hubs. The suburb generally maintains a family-friendly atmosphere, with a strong sense of community.
Who Buys in Mayfield West?
Mayfield West attracts a diverse range of buyers, including families, first home buyers, and investors. The presence of established houses with a median price of $915,000 appeals to families seeking larger living spaces. The availability of apartments, with a median price of $605,000 and a strata percentage of 29.9%, caters to first home buyers and investors looking for more affordable options. The suburb's historical growth, reflected in its long-term CAGR, also attracts investors seeking capital appreciation.
Market Analysis
Currently, the Mayfield West property market is assessed as being near its long-term trend, indicating fair value. This means that property prices in Mayfield West are generally aligned with their historical performance, considering factors such as interest rates, economic conditions, and local demand. This position suggests a stable market environment, without significant overvaluation or undervaluation.
For prospective buyers and sellers in Mayfield West, understanding the current market cycle position is crucial for making informed decisions. While the market is at fair value, it's important to note that market dynamics can shift due to various economic influences. Monitoring key indicators and local market trends remains essential for navigating the Mayfield West property market effectively.
Is Mayfield West a Good Investment?
Mayfield West's consistent growth patterns and stable market conditions contribute to its appeal within the Newcastle property market. The suburb's long-term CAGR of 6.6% over 36 years, combined with its 10-year CAGR of 5.2% and 20-year CAGR of 5.0%, demonstrates its historical ability to appreciate in value. Currently assessed as being near its long-term trend, the Mayfield West property market reflects fair value.
This stability, coupled with a mix of housing options and convenient access to amenities, makes Mayfield West an interesting area for those seeking long-term capital growth. The presence of apartment buildings and a significant strata percentage also provides opportunities for rental income. However, prospective buyers should conduct thorough due diligence and consult with qualified professionals to assess their individual circumstances.
Mayfield West Market Outlook
As of early 2026, the Mayfield West property market is considered to be near its long-term trend, indicating fair value. Recent price trends suggest a period of stability, with property values generally aligned with historical averages. While market conditions can change, the current assessment suggests a balanced market environment in Mayfield West. Prospective buyers and sellers should continue to monitor local market dynamics and economic indicators to make informed decisions.
Streets & Location in Mayfield West, NSW
Mayfield West, identified by postcode 2304, features a variety of residential streets each contributing to the suburb's overall character. Among the notable streets in Mayfield West, based on median property prices, are Maitland Road, Frost Drive, and Groongal Street. These streets are generally sought-after locations within the suburb, reflecting their desirable attributes. The suburb's location offers a blend of residential comfort and convenient access to surrounding areas.
Market Dynamics
The average settlement time for properties in Mayfield West is approximately 58 days. This timeframe reflects the typical transaction process in the area, from initial agreement to final settlement. The relatively stable settlement period suggests a consistent level of activity in the Mayfield West property market. Data regarding quick-flip percentages is currently unavailable, but further analysis of transaction patterns could reveal additional insights into investor activity within Mayfield West.
Development & Density
Mayfield West showcases a mix of housing types, contributing to its diverse residential landscape. The presence of 76 apartment buildings reflects a moderate level of density within the suburb, complementing the more traditional housing options. The strata percentage of 29.9% indicates a significant proportion of apartment living within Mayfield West. This mix of housing options caters to a range of residents, from families seeking larger homes to individuals preferring apartment living.
Growth & Property Mix
Mayfield West's property market has demonstrated consistent growth over the long term. The 10-year Compound Annual Growth Rate (CAGR) stands at 5.2%, while the 20-year CAGR is 5.0%. Looking at the entire 36-year data period, the CAGR is 6.6%. This historical growth, coupled with a mix of houses and apartments, contributes to Mayfield West's appeal as a residential area. The strata percentage of 29.9% indicates a significant presence of apartment living within the suburb.
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.