What was once considered a suburb to be avoided, Mayfield has come up the ranks of popular suburbs and can now be considered to be somewhat of a hot spot for investors and first time home buyers. This suburb is a high demand market, with an average of 874 visits per property, in comparison with the state average of 671.
So why is Mayfield so popular?
Well Mayfield is a little treasure chest of period-style homes, known for their high ceilings, beautiful wooden floors and large bedrooms. This suburb is now bursting at the seams with cool coffee shops and delis, not to mention great antique shopping and all of the essentials. The suburb has definitely cemented its cool factor after local magazine Hunter Hunter named Mayfield the most popular suburb in 2016.
What is there to do in Mayfield?
Mayfield is just fifteen minutes away from the nearest beach, and offers Newcastle living at its best. Major grocery shops are a mere walk away, and even the most serious caffeine addict will be spoilt for choice with the fantastic coffee shops scattered around the suburb. Locomotive is a particular favourite, with their precise measurement and cups producing a cup of coffee which consistently amazes the snobbiest of coffee connoisseurs.
Pork Ewe Deli is another local favourite, sourcing cheese and cured meats from around the world to create antipasto plates like no other. They do classes too! Spanish lovers will rejoice, with Barrio 2304 catering to all your tasty tapas needs.
If you’re looking for somewhere to work off these delicious goodies, you could head to Balance Mayfield- a fitness facility that has everything from group fitness classes to an aquatic centre. You’ll be hard pressed to get sick of the gym with the variety this centre offers.
Other than eating your way through the suburb (and subsequently working it off), Mayfield has plenty of pavement to pound, and parks galore. Purdue Park is an off-leash dog park, so even your furry friend will love Mayfield life. A great asset to this suburb is the public pool, a perfect place to go in the midst of summer if the beach is just too far.
Now to the nitty gritty
The average age in this suburb is 20-39, with a whopping 42% renting. Only 25% of properties in the area are fully owned, and 33% are in the process of purchasing.
So how much will a gem in this treasure trove cost?
The average house price in Mayfield, 2304
The average unit price in Mayfield, 2304
All in all, this suburb is a great buy for first home buyers and investors. With Mayfield being a quick bus ride away from the local university, expect to see plenty of sleep-deprived university students on the hunt for a place to rent in this suburb. There are four different schools in the area, and there are plenty of public busses servicing the area, making it overall a fantastic suburb for any age.
Want to support local Mayfield businesses?
Here are some of the best businesses in Mayfield. Be sure to check them out!