22 Nile Street, Mayfield NSW 2304
22 Nile Street, Mayfield NSW 2304
Detached house | 562.81m² parcel | R2 zoning | heritage layer flagged | larger-than-typical Mayfield block
This property holds a genuine competitive edge through its land size. At 562.81m², it sits toward the upper end of the local house-lot spectrum, where many comparable freestanding homes occupy tighter footprints. That extra ground translates into meaningful yard space, room for extensions, or potential for ancillary improvements, subject to planning approval. The R2 zoning reinforces the established detached-house character of the street, which suits buyers seeking an older home with renovation scope rather than a turn-key modern build. The heritage layer adds a layer of character and regulatory consideration, but for owner-occupiers drawn to period charm, this often enhances rather than diminishes appeal. This house best serves young families, professionals, and downsizers who value a solid footprint in an established inner-suburban pocket close to shops, schools, and transport.
The recorded sale figure of $2.1m may reflect a peak-market moment or a property with superior condition, so it should not be read as a baseline for current value. The heritage layer might impose restrictions on external alterations, which could limit redevelopment upside but also protects the streetscape appeal. The absence of confirmed internal details—bedroom count, finish quality, parking arrangement—means the final price will hinge heavily on what a physical inspection reveals. A dated interior with sound bones may offer value for a renovator, while a refreshed presentation could justify a premium. Flood overlay considerations on nearby parcels suggest checking the specific lot’s risk profile before committing.
|| Comparable Sales: 58 Nile Street sold $1.15M (Dec 2025); 54 Nile Street listed at 3-bed on 303m² | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, heritage character, renovation potential
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Nile Street, Mayfield NSW 2304
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Mayfield East is a compact suburb with a population of 1,794, up 6.03% since 2016, anchored by a dominant 30-39 age cohort. Demand is driven by professionals, reflected in the occupational profile and household incomes up 32.39% over the five-year period. House prices have climbed sharply: medians of $1,014,000 (12.67% annual growth) and $1,030,000 (13.2%) from two recent sources, while a January 2026 estimate sits at $950,898. Market conditions are firm, with houses selling in a median 20 days and annual sales volume rising from 179 to 189. Rental demand remains solid, with house rents at $690-$700 weekly and units at $620, though gross yields are modest at 3.83% and 4.39% respectively. Units are the soft spot, with prices down 4.52% annually. Future growth appears constrained by affordability after rapid price appreciation and the underperforming unit segment, though limited rental supply—only 20 available properties—offers underlying support.
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PropCred Estimated Value
Comparable Sales: 58 Nile Street sold $1.15M (Dec 2025); 54 Nile Street listed at 3-bed on 303m² | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, heritage character, renovation potential
Bedrooms
4
Bathroom
1
Parking
-
Land
286m²
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