Mortlake is a small community in New South Wales within the Canada Bay local government area (postcode 2137). With a population of 1,954, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $122K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Mortlake is $2.8 million, having declined 3.1% over the past year. Units have a median price of $847,000 (+2.7% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,033.
Mortlake is served by 1 school, including 1 primary. The average ICSEA score is 1116, which is well above the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Canada Bay LGA is below average at 2,018 incidents per 100,000 population.
From an investment perspective, Mortlake offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.5x is considered stretched. House prices have moved -3.1% year-on-year.
Mortlake is a small community in New South Wales within the Canada Bay local government area (postcode 2137). With a population of 1,954, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $122K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Mortlake is $2.8 million, having declined 3.1% over the past year. Units have a median price of $847,000 (+2.7% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,033.
Mortlake is served by 1 school, including 1 primary. The average ICSEA score is 1116, which is well above the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Canada Bay LGA is below average at 2,018 incidents per 100,000 population.
From an investment perspective, Mortlake offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.5x is considered stretched. House prices have moved -3.1% year-on-year.