Mayfield 7248
Market analysis for investment properties in Mayfield
Median Price
$380,000
Trend:Accelerating
+10.1%
Median Rent
$420/pw
Trend:Steady
+5.0%
Rental Yield
5.75%
Trend:Decelerating
-4.6%
Median DoM
43 Days
Trend:Accelerating
+437.5%
Market Analysis
Why investors are watching Mayfield right now.
Mayfield, Tasmania offers access to various shopping amenities, with options such as Mayfield Village Shopping Centre offering a range of stores and services for residents' convenience.
The suburb is home to reputable primary and secondary schools, including Mayfield Primary School and Queechy High School, providing quality education options for families living in the area.
Residents of Mayfield can easily access Tasmania's CBD in Launceston via well-connected transport routes. These include bus services along Goderich Street, providing a convenient and efficient commute to the city center.
Mayfield boasts a picturesque setting with abundant greenery, including parks like Windmill Hill Reserve and green spaces along the South Esk River, offering residents opportunities for outdoor activities and relaxation in natural surroundings.
The suburb's proximity to the natural beauty of Tasmania, including Cataract Gorge Reserve and Tamar Island Wetlands, enhances the quality of life for residents seeking a balance between urban convenience and access to serene surroundings.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Mayfield often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Mayfield be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Mayfield, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
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Investment Insights & FAQ
Frequently asked questions about the Mayfield property market in 2026.
As of March 2026, the Mayfield property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 10.14% and units have grown by -11.59%. These figures reflect the evolving demand within Launceston, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Mayfield range from $380,000 for houses to $258,599.5 for units. These values are calculated based on recent transaction data and current buyer activity across the Launceston region.
For investors targeting cash flow, houses rent for $420 /pw with a 5.75% yield, while units rent for $335 /pw with a 6.74% yield. This rental performance is a key indicator of strong tenant demand within the Mayfield area.
Market Insights Last Updated: March 2026