Mortdale, 2223 ranked 1154th 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
Mortdale,2223 was ranked 1878 in Australia by increase in median property value over the quarter.
Mortdale, 2223 is offering NSW ‘s 622th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Mortdale is 867th on a list of best yielding suburbs for rents in NSW with a 2.37% return
Property value increases in Mortdale have tracked close to the NSW average of 8.55% over the last 12 months.
A 7.67% growth in median value for property investors in Mortdale,2223 puts this suburb at number 309th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mortdale, 2223. Typically our figures indicate that -2.88% is being offered, which puts this NSW suburb at 763th most discounted overall in Australia.
On average over the past year, suburb has had 9.17 sales per month, which equates to 110 per year.
Situated 16.48km from the CBD, Mortdale is one of Georges River (A) localities in the postcode 2223.
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Mortdale, NSW – Vacancies plummet
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.