NSW has seen average median house prices change by 9.74% which means that Mortdale, 2223 has done well for property investors by showing a capital gain of 6.48% over the last year
Comparing Mortdale,2223 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Mortdale is giving property investors an average Vendor Discount of around -4.83%. This puts suburb at number 638th in NSW when ranking the most discounted suburbs.
With the median price for a house in Mortdale being $1150000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 2.94%
Property value increases in Mortdale have tracked lower than the NSW average of 6.96% over the last 12 months.
Mortdale,2223 was ranked 1022 in Australia by increase in median property value over the quarter.
Mortdale2223 is located in NSW which offers an average discount of -4.23% to property investors. Mortdale itself is showing figures that indicate -4.75% is the average achievable by property buyers investing in the suburb.