Get a property report and suburb profile for any property in Mortdale

Mortdale is a compact, family-oriented suburb in southern Sydney’s St George area with a village feel centred on its railway station and nearby shopping strip. Streets are leafy and mainly residential, with an older mix of weatherboard and Federation-era cottages, modest brick homes and low-rise apartments close to public transport. Local life revolves around weekend coffee spots, community clubs and sports fields, and there are several small parks and creekside reserves for outdoor time. Good rail connections make commuting straightforward and neighbouring riverside suburbs and local schools add to its appeal for families and first-home buyers.

The community of 10,745 people has a median age of 38 and is weighted towards couple families with children (48.1%), with owner-occupiers making up 62.5% of homes and renters 37.5%. Council has adopted a local centre master plan and is preparing a planning proposal, and town centre streetscape upgrades and other local projects are underway or planned, including transport works at the Mortdale maintenance facility, a proposed full lift replacement at the station, a funded upgrade for Jubilee Park and targeted improvements at Mortdale Public School. Whether Mortdale suits you will depend on the kind of suburb you want.

Renting and buying tell different stories in Mortdale. Against a typical local household income of $1,995 a week at the last Census, a house rent of $885 a week would take about 44.4% of that income, a large share, while a unit rent of $628 a week would take about 31.4%, a sizeable share.

On the buying side, the median unit price of $819,000 works out to about 7.9 times a typical local annual household income based on that Census figure, which sits well above what people locally earned at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months in Mortdale, house values rose 8.5% and unit values rose 6.0% — both a solid rise in what properties are worth. Rents moved more modestly: house rents edged up 1.7% while unit rents increased 4.7%.

Put simply, on the house side capital growth outpaced rental growth this year, whereas for units the gap between value growth and rent growth was smaller. If rental income is your priority, the unit rent movement is the figure that matters; if capital growth is your priority, house values recorded the larger gain over the year. Whether that pattern fits your goals and circumstances is for you to weigh up.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.