49 Hanbury Street, Mayfield, NSW 2304 | Property Value & History | OnTheHouse
 
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49 Hanbury Street
Mayfield NSW 2304

Bedrooms: 7
Bathrooms: 2
Car spaces: 2
Floor area: 322m2
Land area: 759m2
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Last updated 26 Jan 2026
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Property Details for 49 Hanbury St, Mayfield

49 Hanbury St, Mayfield is a 7 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 759m2 and floor size of 322m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1950
Floor Size
322m2
Land Size
759m2
Local Government
Newcastle
Lot/Plan
6/DP7468

Last Listing description (June 2025)

Rarely do you find a property suited to a range of businesses or investors with R4 zoning within a renewal corridor with a potential rental yield of over 6%.

This expansive 7 bedroom property features two living areas, two kitchens, dining room, storage rooms, ducted AC and a covered courtyard area.

An ideal property for use as a group home (STCA) and approval for 'change of use' as a Health Services Facility this property will suit many businesses. And there are many other possible uses under the zoning (with consent) such as boarding houses, child care facility, co-living housing (e.g. student accommodation) plus more.

Sitting on a block of 759 square metres with a street frontage of over 15m the site also has significant development potential. Zoned R4 (High Density Residential) and within the Mayfield Rewal Corridor the site has a potential build height of 20m and a floor space ratio of 2:1 giving multiple development options.

The site is ideally located being only 200m from the Mayfield Village Centre and 450m from Waratah Train Station. The site has good access to transport links, with the Pacific Highway 200m away.

The site is within walking distance of Maitland Road (main shopping area), gyms, clubs,
pubs, cafes & restaurants and bus stops and a train station.

The approximate distance to amenities and places is detailed below:

Waratah Train Station - 450m
Maitland Village Centre - 200m
Mayfield Ex Services Club - 20m
Mayfield Medical Centre - 200m
Genesis Health & Fitness - 20m
Web Park - 150m
Mayfield Pool - 1.6km
Newcastle CBD - 4.4km
John Hunter Hospital - 6.8km
University of Newcastle - 3.8km
Newcastle Interchange - 4.4km
Bar Beach - 6.9km

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Property History for 49 Hanbury St, Mayfield, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$1,175,000
21 Aug 2024
Listed for Rent
25 Jul 2019
  • 21 Aug 2024
    Sold for $1,175,000
  • 01 Jul 2024
    Listed for Sale $1,175,000
  • 06 Jul 2019
    Listed for Rent - Price not available
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About Mayfield 2304

The size of Mayfield is approximately 3.2 square kilometres. It has 18 parks covering nearly 6.9% of total area. The population of Mayfield in 2016 was 9314 people. By 2021 the population was 9760 showing a population growth of 4.8% in the area during that time. The predominant age group in Mayfield is 30-39 years. Households in Mayfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield work in a professional occupation.In 2021, 56.20% of the homes in Mayfield were owner-occupied compared with 55.00% in 2016.

Mayfield has 5,240 properties. Over the last 5 years, Houses in Mayfield have seen a 67.10% increase in median value, while Units have seen a 65.72% increase. As at 31 December 2025:

  • The median value for Houses in Mayfield is $1,037,957 while the median value for Units is $729,150.
  • Houses have a median rent of $680 while Units have a median rent of $610.
There are currently 10 properties listed for sale, and 11 properties listed for rent in Mayfield on OnTheHouse. According to Cotality's data, 245 properties were sold in the past 12 months in Mayfield.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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