50 Hargrave Cres, Mayfield is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1952. The property has a land size of 613m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
New to the market and in a great location - walking distance to schools and 10 minutes from Launceston's CBD - this property would be the perfect first home for someone looking to enter the real estate market.
The property has an updated kitchen and provides a large backyard, ideal for pets and children alike. Should you wish to add this property to your investment portfolio, it is currently tenanted at $400 per week, providing a gross return of over 6% pa with a tenant in residence who would be happy to stay on.
For your private inspection call Peter Lees Real Estate today.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.
The size of Mayfield is approximately 0.9 square kilometres. There are 2 parks, covering nearly 2.0% of the total area. The population of Mayfield in 2016 was 1454 people. By 2021 the population was 1525 showing a population growth of 4.9% in the area during that time. The predominant age group in Mayfield is 20-29 years. Households in Mayfield are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mayfield work in a labourer occupation.In 2021, 44.30% of the homes in Mayfield were owner-occupied compared with 45.20% in 2016.
Mayfield has 586 properties. Over the last 5 years, Houses in Mayfield have seen a 78.93% increase in median value, while Units have seen a 75.73% increase. As at 30 April 2026:
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