Suburb Profile Report for Mortdale NSW (2223)

Mortdale House: Median price $1,114,000, Annual capital growth 8.00%, Number of sales 83, Weekly median advertised rent $650

Mortdale Unit: Median price $595,500, Annual capital growth 6.81%, Number of sales 117, 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

With a capital gain of 3.15% for the last 12 months, Mortdale, 2223 has performed for property investments than its average annual 8.00% property growth over the last 5 years.

Across a shorter period, Mortdale, 2223 has seen a median price increase of 1.74% over the last quarter.

Property buyers and investors in Mortdale 2223 should be seeing an average reduction in asking price of around -8.93% . This means that Mortdale is holding prices well when compared to other suburbs in NSW.

Advertised rents are around the $650 mark per week – giving a return of 3.03% based on the median price in Suburb

Over the last year, property investments in Mortdale, 2223 have given investors a capital gain of -0.75%. This compares badly with the 6.07% for NSW as a whole.

A 42.96% growth in median value for property investors in Mortdale,2223 puts this suburb at number 256th in terms of best performing suburbs in NSW

Vendor discounting in Mortdale is giving property investors an average Vendor Discount of around -5.25%. This puts suburb at number 120th in NSW when ranking the most discounted suburbs.

In the last year 117 properties changed hands in Mortdale, which puts it as the 135th most active market in NSW when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$1,114,000 $595,500
1.74% 1.79%
3.15% -0.75%
8.00% 6.81%
$650 $420
83 117
3.03% 3.67%
81.86 35.86

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Mortdale NSW
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
Chart Table
Recent sales & rentals