Mortlake has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.07% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mortlake has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Mortlake is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 29th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 3.67 sales per month, which equates to 44 per year.
With the median price for a house in Mortlake being $925000 and the advertised rent reaching $675 the gross rental yield for property investors calculates out to be 3.79%