Mayfield vs Waratah

Waratah (median $930,000) is roughly 7% cheaper to buy into than Mayfield ($1,003,500). Over the past year, Mayfield (+11.5%) ran 9.1 percentage points ahead of Waratah (+2.4%) on house-price growth.

Buying in Mayfield or Waratah?

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Mayfield and Waratah side by side

MeasureMayfieldWaratah
Price and market
Median house$1,003,500$930,000
Median unit$297,360$300,240
House price change, 12 months+11.5%+2.4%
Renting
House rent$700/wk$720/wk
Unit rent$460/wk$500/wk
Owner occupied–49.0%
Renter occupied–46.0%
Schools
Schools nearby2020
Average ICSEA10111011
Lifestyle and people
Walk score10074
Transit score00
Bike score100100
Population–4,927
Median age–41
Climate
Annual rainfall1078 mm1098 mm
Mean max, January28.1°C28.5°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Mayfield scores higher on walkability (100/100 vs 74/100 ), useful if you're optimising for a car-light household.

For buyers
Waratah is the lower entry point at $930,000 median, 7% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Waratah delivers the better gross yield (4.03% vs 3.63%), but Mayfield has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Mayfield vs Waratah: common questions

Is Mayfield or Waratah cheaper to buy in?

Waratah has the lower median house price at $930,000, roughly 7% below Mayfield ($1,003,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Mayfield or Waratah?

Over the past 12 months, Mayfield grew +11.5% vs +2.4% in Waratah, a gap of 9.1 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Which is more walkable, Mayfield or Waratah?

Mayfield scores 100/100 on walkability vs 74/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Mayfield or Waratah?

Gross rental yield on houses is 4.03% in Waratah vs 3.63% in Mayfield. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.