Mortdale, 2223 ranked 300th in NSW when comparing growth in median property values or capital gain over the last 12 months. Mortdale is one of 3163 in our list for NSW
A 19.64% growth in median value for property investors in Mortdale,2223 puts this suburb at number 398th in terms of best performing suburbs in NSW
Over the last year, property investments in Mortdale, 2223 have given investors a capital gain of 0.92%. This compares badly with the 4.18% for NSW as a whole.
A 0.42% growth in median value for property investors in Mortdale,2223 puts this suburb at number 234th in terms of best performing suburbs in NSW
At number 239th of NSW’s most discounted properties, Mortdale is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Mortdale the average time real estate has been on the market is 46.5556 days.
The NSW suburb of Mortdale, 2223 is in the Georges River (A) local government area.
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Mortdale, NSW – Vacancies plummet
Postcode: 2223
Median house price: $1,073,000
Vacancy rate: 1.3%
Three-year growth: 1.2%
Drive around 45 minutes south of the Sydney CBD, and you’ll reach the suburb of Mortdale in the St George district. While it is mainly residential, it is well supported by commercial establishments and industrial developments. Mortdale’s streets also share names with those in the CBD.
There are several schools in the suburb, including Mortdale Public School, Marist College Penshurst and Carinya Special School. Mortdale Memorial Park is a historical landmark and a well-known open space – it is one among the suburb’s many parks. Georges River, Lime Kiln Bay and Dairy Creek border the suburb as well.
In the past 12 months to July 2019, prices have fallen along with rental vacancies.