Mayfield TAS 7248

Here you can find what you need to know about Mayfield, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$183k Median Sale Price (National Average $485k) 199th In TAS
18.51% Median Price Change (1 yr) (National Average 4.30%) 37th In TAS
$243pw Median Rent (National Average $395) 133rd In TAS
6.9% Median Gross Yield (National Average 4.24%) 20th In TAS
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Properties sold 30
Average discounting -7.19%
Average Days on Market 45
Stock on Market 8 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Mayfield, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Mayfield, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Mayfield, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Mayfield


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State Auction Clearance Rates - May 2019

Auctions Clearance rate
TAS 3 0%
ACT 32 56%
NSW 270 61%
NT 9 0%
QLD 75 39%
SA 81 44%
VIC 427 63%
WA 29 25%

Local Schools


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Suburb Information

Mayfield, TAS 7248

Part of: Launceston Council No data available

The size of Mayfield is approximately 0.9 square kilometres. It has 3 parks covering nearly 2.3% 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. (source: Australian Bureau of Statistics)

View all properties for sale in Mayfield

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Mayfield   for Houses in last 12 months


There have been 27 Houses sold in Mayfield in the past 12 months with a median sale price of $186K, up 19.81% annually. It takes on average 39 days to sell with vendor discounting of -6.62%.

Streets in Mayfield


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