Mayfield (postcode 2304) is a moderately sized suburb in New South Wales within the Newcastle local government area. The area has roughly 9,760 residents and a blend of families and working-age professionals, with a median age of 36. Households earn a median income of $81K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, labourers. Employment in the area leans toward accommodation & food and healthcare. The top ancestries reported are English, Irish, Australian.
The current median weekly rent is $650. The median monthly mortgage repayment is $1,845.
Mayfield is served by 5 schools, including 2 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 1026, which is around the national average of 1,000. The crime rate in the Newcastle LGA is moderate at 6,285 incidents per 100,000 population.
Looking at the investment signals, Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.