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Mortdale Suburb Insights
VICLocation Information
Suburb Name
Mortdale, VIC
Distance from CBD
21.4 kmDemographics
Population
10,419
Median Income
$39,624
Area Information
Area
2.88 km²
Population Density
3618 people/km²
Property Market
Median Price
$1,125,011
Annual Growth
+5.8%Property Price Trend Analysis
Current Median Price
$1,125,011
Annual Growth
+5.8%
Quarterly Growth
+2.2%
Price Trends - Last 6 Months
2024-01
$832,560
+10.8%2024-02
$566,153
+4.7%2024-03
$566,634
+13.7%2024-04
$1,093,876
+6.3%2024-05
$693,387
+14.9%2024-06
$711,225
+13.8%Property Type Price Analysis
House
Median Price
$1,355,189
Growth Rate
+9.8%Available Listings
110 properties
Apartment
Median Price
$432,653
Growth Rate
+13.5%Available Listings
776 properties
Townhouse
Median Price
$809,530
Growth Rate
+12.3%Available Listings
111 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy