Newcastle · 2304

Mortgage Brokers in Mayfield

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$1,050,000

Median house

$830,000

Median unit

$720 p/w

House rent

$580 p/w

Unit rent

Mayfield 2304 · August 2026 · source realestate.com.au

What’s it like to live in Mayfield?

Mayfield is growing hugely in popularity. Just a short drive to the CBD and the local beaches, Mayfield is in a great spot to visit central Newcastle or to get out to Maitland, Port Stephens and the New England region.

Originally a working class suburb because of its proximity to the old BHP Steelworks, Mayfield is gentrifying quickly as people move out from more expensive central suburbs. These changes have seen Mayfield become a safer suburb which has seen it become more popular with first-time buyers and families. It’s also one of the suburbs in Newcastle we’ve highlighted for property investors.

Mayfield features

When you live in Mayfield, most of your everyday needs are right on your doorstep.

Maitland Road is a thriving shopping street with all the essentials. For groceries, you’ve got Aldi and Woolies (and a Coles nearby in Mayfield East), and then there are chemists, servos and plenty of takeaways.

In the mornings, there are lots of cafes to choose from, with Equium Social considered one of the best in all of Newcastle. Likewise, Mayfield West Kebabs often comes top of recommendation lists for chips, snack packs, chicken and more.

By night time, there’s a bowling club, an ex-services, a Wests and the Mayfield Hotel, but the star of the show might be the Stag & Hunter. As well as the normal offerings, the Stag is one of the best live music venues in Newy, helping to support and nurture local talent.

Mayfield is one of Newcastle’s oldest suburbs, so expect lots of stunning architecture, but it’s also one of the most built up so there’s not loads of green space. However, there are some little gems, like the playground at Avon Park (pictured).

Houses out, units in

The shift this page describes has now taken the house market past a threshold. Mayfield’s median house was $795,000 two years ago, just under the point where a first home buyer is exempt from transfer duty entirely. As at August 2026 it reads $1,050,000, which is past the concession ceiling as well.

The unit market has not gone with it. At a $830,000 median, a unit here still attracts a concession, and that gap — $220,000 between the two medians — is now the difference between getting help and getting none.

On a house at the median, duty is $41,437 and a fifth of the price is $210,000, so about $251,800 to have ready. On a unit it is materially less before any concession is applied, and less again after. Worth running both through the stamp duty calculator before deciding which market you are shopping in.