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Suburb Insights · NSW 2304

Mayfield, NSW 2304 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Mayfield is a regional centre in New South Wales, Australia, with a population of approximately 9,760, making it a smaller community. Located approximately 119 km from the Sydney CBD, Mayfield is a regional area in New South Wales. The median household income is $81,432 per year.

Investment Score

43 / 100 Moderate

Household incomes in Mayfield sit in a comfortable mid-range for the New South Wales market. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Sydney
Mayfield
New South Wales · 2304
119 km from Sydney CBD
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Key Indicators

Postcode
2304

Official Australia Post postcode for Mayfield. A postcode may cover multiple suburbs.

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Population
9,760

Usual resident population at the most recent census.

Median weekly rent
$375/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$81,432/yr

Annual median household income (before tax) across all households.

Distance to CBD
119 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb.

Median monthly mortgage
$1,845/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
69% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Mayfield

Who Mayfield Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the New South Wales median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the New South Wales median, improving cash-flow margins.
  • Local parks and reserves (around 4) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Long distance to the CBD (119 km) — plan for commute time or local employment.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

Mayfield's population of 9,760 sits 83% above the New South Wales suburb median of 5,325, giving it a wider tenant and buyer catchment than the average NSW locality. Household income of $81,432/year is 17% below the New South Wales median of $97,552, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $375/week (88% coverage of the $1,845/month median mortgage) leaves a gap of roughly $220/month that a typical investor bridges with negative gearing, depreciation and capital growth. Mayfield is 119 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Investment Tip

This suburb suits yield-focused investors who are comfortable with lower liquidity. Employment concentration and local population trends matter more here than in metro markets. Local rents consume roughly 24% of household income — a useful sanity check on tenant affordability.

Mayfield vs New South Wales Median

How Mayfield stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Mayfield sits above the state median; negative means below.

MetricMayfieldNSW medianΔ vs state
Population9,7605,325+83%
Median household income$81,432/yr$97,552/yr-17%
Median rent (weekly)$375$430-13%
Median mortgage (monthly)$1,845$2,167-15%
Distance to CBD119 km45 km+164%
Separate houses69%76%-7pp

Investor Checklist

Pre-inspection briefing for Mayfield — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Mayfield's 9,760-person market and $81,432 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

Rental Yield

Strong rental coverage: $375/week (~$1,625/month) covers 88% of the $1,845/month median mortgage repayment, so the shortfall sits at just $220/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 69% houses in a 9,760-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Mayfield property

Full Property Analysis

30-year projections for Mayfield

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Capital-growth expectations for Mayfield are modest for 2026 — incomes 17% below the NSW median of $97,552 suggest gains will lag headline metro markets. Rental coverage runs at ~88% of the typical mortgage ($1,625/month rent vs $1,845/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 43/100 places Mayfield in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Mayfield a good suburb for investment?

Mayfield scores 43/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 9,760, median household income of $81,432/year and median weekly rent of $375. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Mayfield?

The main demand drivers in Mayfield are a median household income of $81,432/year, a dwelling mix that is 69% separate houses, roughly 2 schools and 4 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Mayfield?

Mayfield has a usual resident population of approximately 9,760, compared with a New South Wales suburb median of 5,325 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Mayfield from the Sydney CBD?

Mayfield sits 119 km straight-line from the Sydney CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Mayfield?

The most recent census recorded a median weekly rent of $375 in Mayfield, equating to approximately $19,500/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Mayfield?

The median monthly mortgage repayment in Mayfield is $1,845, or approximately $22,140/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Mayfield cash-flow positive for investors?

A median weekly rent of $375 works out to $1,625/month, covering 88% of the median mortgage repayment of $1,845/month. That leaves a $220/month shortfall (around $2,640/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Mayfield?

The main risks are interest-rate sensitivity on the $1,845 median mortgage, below-median household incomes ($81,432 vs $97,552 state median), the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Mayfield profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources