Suburb Profile Report for Mortdale NSW (2223)

Mortdale House: Median price $1,085,000, Annual capital growth 7.90%, Number of sales 79, Weekly median advertised rent $600

Mortdale Unit: Median price $584,500, Annual capital growth 6.43%, Number of sales 125, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Mortdale is in the bottom 20% in NSW when comparing median price capital growth over the last year. Mortdale gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.36%.

Comparing Mortdale,2223 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Mortdale 2223 should be seeing an average reduction in asking price of around -9.67% . This means that Mortdale is holding prices well when compared to other suburbs in NSW.

Property investors should expect to get $600 weekly from the median priced house in this suburb.

NSW has seen average median house prices change by 5.59% which means that Mortdale, 2223 has done well for property investors by showing a capital gain of -2.58% over the last year

Across a shorter period, Mortdale, 2223 has seen a median price increase of -2.26% over the last quarter.

Property investors looking for a bargain in Mortdale should be aiming for at least -5.18% off the asking price, which is the average vendor discount being achieved at the moment.

HOUSE UNIT
$1,085,000 $584,500
5.60% -2.26%
-1.36% -2.58%
7.90% 6.43%
$600 $420
79 125
2.88% 3.74%
79.96 43.97

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 9701
Median household income ($/weekly) 1392
Median age of persons 36
Median housing loan repayment ($/monthly) 2100
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1002 10.3
    25-34 years 1786 18.4
    35-44 years 1518 15.6
    45-54 years 1353 13.9
    55-64 years 1012 10.4
    Others 3031 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 3743 49.8
    Not Married 3242 43.1
    Defacto Relationship 534 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5945 63.6
    Croatia 703 7.5
    Germany 257 2.7
    United Kingdom 290 3.1
    Other 641 6.9
    Others 1516 16.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 315 3.4
    Christianity 6374 69.8
    Hinduism 251 2.7
    Islam 279 3.1
    No Religion 1835 20.1
    Others 78 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 302 8.8
    $1,000-$1,249 345 10.1
    $1,500-$1,999 511 14.9
    $2,000-$2,499 339 9.9
    $2,500-$2,999 319 9.3
    Others 1606 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3493 45.1
    Not in the labour force 2426 31.3
    Employed, worked part-time 1268 16.4
    Employed, away from work 294 3.8
    Unemployed, looking for work 271 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 584 11.6
    Professionals 1224 24.2
    Technicians & trades workers 595 11.8
    Community & personal service workers 507 10.0
    Clerical & administrative workers 974 19.3
    Others 1169 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 172 8.3
    Infants/Primary 656 31.6
    Secondary 488 23.5
    Technical or Further Educational Institution 219 10.6
    University or other Tertiary Institutions 463 22.3
    Others 75 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5006 53.9
    Flat, unit or apartment 2883 31.0
    Semi-detached, row or terrace house, townhouse 1318 14.2
    House or flat attached to a shop, office 85 0.9
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1290 35.0
    Rented 1229 33.4
    Fully owned 1152 31.3
    Other tenure type 14 0.4
    Tenure Type
Census 2011, ABS
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