Mortlake NSW Property Investment

Canada Bay · 2137 · Score: 71/100 · Buy

Median House Price
$2.25M
Rental Yield
1.2%
Vacancy Rate
1.6%
Median Weekly Rent
$533/wk
Median Unit Price
$1.14M
Population
1,954
Days on Market
42 days
Annual Growth
-2.4%
AI Investment Analysis

Mortlake NSW Investment Brief

BUY1.2% gross yield on a $2,253,328 median.

THE MARKET

Mortlake has compounded at 4.2%/yr over 5 years — a house that cost $1,834,365 in 2021 is worth $2,253,328 today. Properties are sitting on market for 42 days (roughly balanced conditions). At the same growth rate, today's median reaches $2,767,980 by 2031.

  • Median house: $2,253,328 | Units: $1,136,169
  • Gross yield: 1.2% | Net yield: -0.3%
  • 5yr price CAGR: 4.2%/yr | 3yr forecast: 2.5%/yr
  • Population: 1,954 | Owner-occupier rate: 65% | Affluence: Very High
  • Supply pipeline: Moderate — Development activity consistent with long-term averages

RENTAL SNAPSHOT

  • Vacancy: 1.6% (stable) | Rental demand: High
  • Median weekly rent: $533/wk | Days on market: 42 (stable)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • Sydney Metro City & Southwest (Operational)
  • WestConnex Motorway (Operational)
  • Sydney Metro West (Under Construction)
  • Sydney Gateway (Under Construction)
  • Transport: Well-connected inner-city location

BULL CASE

If Mortlake maintains 3%+ annual growth and vacancy stays below 1.1%, median prices could reach $2,591,327 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Mortlake pull back 10-15% from $2,253,328, with vacancy rising to 2.9% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Premium price point limits buyer pool and increases interest rate sensitivity

COMPARABLE MARKETS

  • Berala (NSW): $1,695,375 median, 2.3% yield, 5.1% 1yr growth
  • Campsie (NSW): $1,865,686 median, 2.3% yield, 1.5% 1yr growth
  • Pinkett (NSW): $2,650,000 median, 0.8% yield, 0.0% 1yr growth

THE PLAY

Mortlake presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 1.2% and prioritise properties with value-add potential. Consider timing entry around the current recovery phase of the market cycle.

  • Entry range: $2,027,995$2,478,661
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification3.5/10
High SEIFA decile — already upgraded or established affluent area
Moderate capital growth (4.2% CAGR)
Inner/middle ring location (10.0km to CBD) — high gentrification corridor
Active development pipeline (3159 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
5.5%
p.a.
2yr Forecast
5.1%
p.a.
5yr Forecast
4.4%
p.a.

Basis: 5yr CAGR 4.2% + 10yr CAGR 8.8%

Growth drivers
  • +Low rental vacancy (1.6%) — constrained supply
Headwinds
  • High supply pipeline (3159 new approvals) — may cap price growth

Suburb Metric Thresholds

7 green6 yellow3 red
Rental Vacancy Rate
1.6 high impact
Days on Market
42 high impact
Weekly Rent (house)
533 medium impact
5yr Price CAGR
4.19 high impact
10yr Price CAGR
8.76 high impact
1yr Price Growth
-2.4 medium impact
Population Growth
0.9 high impact
Median Household Income
2377 medium impact
Unemployment Rate
4 medium impact
Public Transport Score
6.5 medium impact
School Zone Quality
8.2 medium impact
Distance to CBD
10.03 medium impact
SEIFA Advantage/Disadvantage
10 medium impact
Owner Occupier Rate
65.3 medium impact
Gross Rental Yield (%)
1.23 high impact
Net Rental Yield (%)
-0.27 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-05

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

629

2020

313

2021

288

2022

762

2023

1,167

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2137

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population

27,726

Education (IEO)

10/10

Econ. Resources (IER)

8/10

10-Year Investment Projection

Modelled on Mortlake NSW data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $533/wk median rent for Mortlake. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Mortlake PS
PrimaryGovernment
7.8/10
Concord HS
SecondaryGovernment
7.4/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.