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Hamlyn vs Mayfield

Property investment comparison - Hamlyn, NSW 2259 vs Mayfield, NSW 2304

Head-to-head across core investment metrics: Hamlyn wins 3, Mayfield wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricHamlynMayfield
Median house price$1.0M$1.1M
Median unit price$695K$830K
Gross rental yield (houses)-3.47%
Gross rental yield (units)4.74%-
1-year house growth+9.9%+10.5%
3-year house growth-+27.7%
Vacancy rate0.9%1.1%
Population-9,760

Hamlyn vs Mayfield: what the numbers say

The median house price is $1.0M in Hamlyn and $1.1M in Mayfield, so Hamlyn is the cheaper entry point.

For units, Hamlyn sits at a median of $695K against $830K in Mayfield, which makes Hamlyn the more affordable unit market and Mayfield the pricier one.

Over the past year house prices moved +9.9% in Hamlyn and +10.5% in Mayfield, so recent momentum favours Mayfield, although both suburbs recorded growth.

Rental vacancy is 0.9% in Hamlyn and 1.1% in Mayfield, so landlords in Hamlyn face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

In short: Hamlyn for a lower purchase price, Mayfield for recent price momentum, Hamlyn for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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