2. TAS
  3. Launceston

Mayfield TAS 7248

Houses Units

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

$333K Median Sale Price (National Average $485k) 175th In TAS
-9.52% Median Sale Price Change (1yr) (National Average 4.30%) 715th In TAS
$390pw Median Rent (National Average $395) 102nd In TAS
6.1% Median Gross Yield (National Average 4.24%) 5th In TAS

Investment Strategy Scores

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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


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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 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. (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 24 Houses sold in Mayfield in the past 12 months with a median sale price of $333K, down 9.5% annually. It takes on average 15 days to sell with vendor discounting of -6.9%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Mayfield East NSW, 2304 -4.60% $830,000 $615pw 3.9% View Suburb Profile
Maylands SA, 5069 25% $1,300,000 $700pw 2.8% View Suburb Profile
Ravenswood TAS, 7250 2.86% $360,000 $380pw 5.5% View Suburb Profile
Sussex Inlet NSW, 2540 -3.38% $715,000 $885pw 6.4% View Suburb Profile
Darling Downs WA, 6122 24.29% $1,100,000 Unavailable Unavailable View Suburb Profile
Port Macdonnell SA, 5291 -2.19% $469,500 $430pw 4.8% View Suburb Profile

Currency

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