With a capital gain of -12.00% for the last 12 months, Mortdale, 2223 has performed for property investments than its average annual 7.69% property growth over the last 5 years.
Across a shorter period, Mortdale, 2223 has seen a median price increase of -5.98% over the last quarter.
The NSW suburb of Mortdale, 2223 is in the Georges River (A) local government area.
NSW has seen average median house prices change by -1.55% which means that Mortdale, 2223 has not done well for property investors by showing a capital gain of -4.61% 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
Property investors looking for a bargain in Mortdale should be aiming for at least -6.51% off the asking price, which is the average vendor discount being achieved at the moment.
Mortdale is 366th on a list of best yielding suburbs for rents in NSW with a 3.77% return