Property value increases in Mortdale have tracked close to the NSW average of 10.58% over the last 12 months.
Over the longer term, Mortdale has seen property prices show investors a 39.83% return over the last 3 years. This is worse than over the last 12 months
Mortdale, 2223 is offering NSW ‘s 208th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Often selling an investment property can take time, and in Mortdale the average time real estate has been on the market is 49.77 days.
Mortdale, 2223’s gross rental yield is 2.86%
Property investors who have had real estate in Mortdale, 2223 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.79%
While Mortdale,2223 ranked number 41th in NSW for increase in median house value (annualised) increase, it is ranked 235th over the last 5 years.
Sellers are offering property buyers an average discount of -2.86% to buyers in Mortdale at the moment, which is less than average for the rest of NSW.
The NSW suburb of Mortdale, 2223 is in the Hurstville local government area.