Local Insights:
Greater Mayfield

The Greater Mayfield area is attracting a wide range of buyers. From first-home-buyers looking for a foot in the door, to families interested in classic older homes or even those wanting to downsize.

Seasoned Novocastrians will know the Mayfield area for its ‘fair dinkum’ residents, many of whom have called this area home their whole life. But in the last 10 years, Mayfield has been drawing in more and more young couples or families who are helping to create a close-knit community of people who love the mixture of old and new that the homes have to offer, as well as its close proximity to the city, parks and local hang-outs.

Maitland Road runs through the centre of Mayfield, and is a busy hub of shops and other essential services. A number of popular cafes have opened, including Equium Social, Side Pocket Espresso and Onyx. The popular watering holes include the Stag and Hunter Hotel and The Beauford. Both local public schools – Mayfield East and West – are ranked highly, as well as St Columban’s Primary and San Clemente High School.

Some recent record-breaking sales have drawn the median house price up to $822,000 and the median unit price to $810,000, both in Mayfield. The best return on investment for houses is found in the neighbouring suburb of Hexham at 6.5%, while units in Mayfield East can expect to return around 4.9%.