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14 Mackay Street, Mayfield TAS 7248

For Sale Buyers Guide High $400ks Low $500ks

Search Band Search Visibility Band

$400k - $500k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 1 Car 721 m² 102 m²

Listed: 2 days ago

Updated: 14 hours ago

Overview

This established three-bedroom home offers a solid investment opportunity set within a generously sized 721 square metre parcel of land in Mayfield. The property's practical layout and generous backyard present considerable scope for enhancements, making it attractive for investors seeking value-adding potential over time.

The current tenancy, secured until January 2027, provides immediate income stability while allowing the new owner flexibility to plan improvements at a comfortable pace. The longstanding tenants underscore the home's livability and maintained condition, further reducing risk for an investor.

Built in 1963, this home includes 102 square metres of well-proportioned living space complemented by established gardens and useful outdoor features such as a fully fenced yard and a shed. Air conditioning with reverse cycle functionality ensures comfort throughout the seasons.

Its combination of steady rental income, ample outdoor space, and room to increase property value may appeal primarily to seasoned investors looking for a property with long-term growth options, particularly those who value tenancy continuity and a tangible improvement prospect.

Local Market Insights

In Mayfield, Quiet Listings observed 25 new houses entering the market over the last 30 days, up from 14 during the previous 30-day period, with an average advertised asking price of $587,440. The property type mix of listed properties is predominantly Houses at 81%, followed by units (9%), and home for sales (6%). The most active agency for houses in the Mayfield area is currently Ian McCallum - Property Representative, representing 20% of new listings, followed by Ray White with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.