Suburb Profile Report for Mortdale NSW (2223)

Mortdale House: Median price $1,225,000, Annual capital growth 9.00%, Number of sales 79, Weekly median advertised rent $680

Mortdale Unit: Median price $610,000, Annual capital growth 7.70%, Number of sales 85, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Mortdale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.57%

When looking at the potential capital gains offered to property investors over the last 3 years, Mortdale comes in at number 584th in NSW.

LACK OF BUYER INTEREST may well be the reason that Mortdale is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 801th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Mortdale the average time real estate has been on the market is 31.3 days.

Mortdale is 854th on a list of best yielding suburbs for rents in NSW with a 2.89% return

Property investors who have had real estate in Mortdale, 2223 should be ok 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 3.39%

If we look at median property appreciation over just the last three months, Mortdale has given property investors a paper return of 2.91%. This puts Suburb as 156 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Mortdale should be aiming for at least -3.17% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 85 properties changed hands in Mortdale, which puts it as the 180th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,225,000 $610,000
2.51% 2.91%
15.57% 3.39%
9.00% 7.70%
$680 $430
79 85
2.89% 3.67%
31.3 33.84

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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