Commentary

Mayfair occupies land predominantly south west of the Palmerston North -Gisborne railway line and north-west of Jervois Street.

The suburb is well established, and comprises a number of homes predominantly dating from the 1940s to 1970s, and as such the housing stock is beginning to age and has experienced a modest downward trend in property values since early 2007, although showed strong value growth consistent with the market during the property boom.

Most of Mayfair housing was privately developed, with pockets of state housing. The suburb benefits from all levels of schooling as well as Windsor Park, Splash Planet and Mayfair Park.

Please let us know if our valuers can assist you with your next valuation in Mayfair.