1B George StreetMayfield East NSW 2304
Property Details for 1b George St, Mayfield East
Last Listing description (August 2026)
An increasingly rare city fringe industrial land banking investment opportunity with diversified holding income
Land area 3,707m*
Building area 2,262m*
5 individual units
E4 General Industrial
Situated in an outstanding location in close proximity to Newcastle Harbour and CBD with excellent egress via Industrial Drive to major arterial routes.
FOR SALE: Expression of Interest (EOI), with the closing date being 4PM on Tuesday 29 September 2026.
Offers must be submitted in writing and received prior to the nominated closing deadline to be considered.
*Approximately
Property History for 1b George St, Mayfield East, NSW 2304
- 27 Aug 2026Listed for Sale EOI closing 4PM on Tuesday 29 September 2026
- 18 Dec 2025Listed for Rent $52,000 / week
- 07 May 2021Sold for $2,250,000
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About Mayfield East 2304
The size of Mayfield East is approximately 0.6 square kilometres. There are 2 parks, covering nearly 3.5% of the total area. The population of Mayfield East in 2016 was 1692 people. By 2021 the population was 1794 showing a population growth of 6.0% in the area during that time. The predominant age group in Mayfield East is 30-39 years. Households in Mayfield East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield East work in a professional occupation.In 2021, 60.50% of the homes in Mayfield East were owner-occupied compared with 60.10% in 2016.
Mayfield East has 891 properties. Over the last 5 years, Houses in Mayfield East have seen a 35.13% increase in median value, while Units have seen a 36.59% increase. As at 31 July 2026:
- The median value for Houses in Mayfield East is $1,106,437 while the median value for Units is $831,829.
- Houses have a median rent of $723 while Units have a median rent of $630.
Suburb Insights for Mayfield East 2304
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