Mortlake, NSW
UNDERVALUED2,354 sales · 36 years of data · NSW, Australia
Mortlake, NSW Property Market Overview
Mortlake, NSW 2137, is a waterside suburb located in Sydney's Inner West. This analysis of the Mortlake property market draws on 36 years of sales data, encompassing a total of 2,354 recorded sales. The current median property price (all types) in Mortlake is $825,000, reflecting a diverse property mix.
Mortlake presents a mix of housing options, with a current median house price of $2,751,000 and a median apartment price of $822,500. The suburb's location on the Parramatta River contributes to its appeal, offering residents waterfront views and access to recreational activities. Mortlake is known for its blend of established homes and modern apartment complexes, creating a varied demographic within the community.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Mortlake
Top streets in Mortlake, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Tennyson Rd | $800,000 |
| 2 | Edwin St | $805,000 |
| 3 | Bertram St | $1,327,500 |
| 4 | Bayard St | $1,520,000 |
... and 26 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Northcote St | $6,389/m² |
| 2 | Bayard St | $7,475/m² |
| 3 | Hilly St | $6,694/m² |
| 4 | Hilly St | $9,979/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Northcote St | -1.1% |
| 2 | Bennett St | -1.3% |
| 3 | Edwin St | -0.5% |
| 4 | Tennyson Rd | -1.0% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 36 Tennyson Rd | $621,000 |
| 2 | 18 Hilly St | $1,809,000 |
| 3 | 2 Northcote St | $725,000 |
| 4 | 13 Bennett St | $615,000 |
... and 267 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Mortlake analysis
30 streets and 271 buildings to explore
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Mortlake at a Glance
Mortlake, NSW
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Local Amenities
Living in Mortlake, NSW
Living in Mortlake offers a blend of waterfront living and convenient access to amenities. The suburb is located on the Parramatta River, providing residents with scenic views and recreational opportunities. Mortlake is serviced by bus routes, connecting it to nearby train stations such as Concord West and Rhodes. For shopping, residents can access local shops along Tennyson Road, as well as larger shopping centres like Rhodes Waterside and Top Ryde City.
Families are drawn to Mortlake due to its proximity to schools such as Mortlake Public School and St Patrick's Catholic Primary School. Parks like Cabarita Park offer green spaces for recreation and relaxation. The vibe in Mortlake is generally relaxed and community-oriented, attracting a diverse range of residents who appreciate the suburb's blend of lifestyle and convenience.
Who Buys in Mortlake?
The buyer profile in Mortlake is diverse, influenced by the suburb's mix of houses and apartments. With 61.7% of properties being strata title, Mortlake attracts a significant number of apartment buyers, including first-home buyers and downsizers seeking low-maintenance living. The median apartment price of $822,500 makes Mortlake relatively accessible compared to other Inner West suburbs. Families are also drawn to Mortlake due to the presence of schools and parks. The higher median house price of $2,751,000 suggests that houses are typically purchased by established families or those seeking larger properties.
Market Analysis
The Mortlake property market, as of early 2026, is currently positioned below its long-term trend, indicating it is in undervalued territory. This cycle position reflects a period where property prices are lower relative to historical averages.
Understanding Mortlake's cycle position is crucial for assessing the market's potential. While being undervalued doesn't guarantee future price increases, it suggests that the market may be poised for potential growth as it realigns with its long-term trend. This market analysis aims to provide insights into the factors influencing Mortlake's property values and its position within the broader Sydney market.
Is Mortlake a Good Investment?
Analysing Mortlake's growth patterns reveals a nuanced picture. While the 10-year CAGR is -1.1%, the longer-term 20-year CAGR is 0.7%, and the full-period CAGR is 4.5%. This suggests that Mortlake has experienced periods of both growth and decline. The suburb's current position below its long-term trend indicates it is in undervalued territory.
Factors driving property values in Mortlake include its waterfront location, proximity to amenities, and mix of housing types. The high percentage of apartments also influences the market, attracting a different type of buyer compared to suburbs with predominantly houses. Understanding these factors is crucial for interpreting Mortlake's property market dynamics and potential for future growth.
Mortlake Market Outlook
As of early 2026, the Mortlake property market is positioned below its long-term trend, indicating undervalued territory. Recent price trends suggest a period of relative stability, but it's important to consider the broader economic context and local market conditions. The high percentage of apartments continues to shape the market, influencing buyer demand and property values. Market conditions are dynamic, and ongoing analysis is essential for understanding the evolving landscape of Mortlake's property market.
Streets & Location in Mortlake, NSW
Mortlake, postcode 2137, boasts a desirable location within Sydney's Inner West, offering proximity to the city and surrounding amenities. Notable streets in Mortlake, based on median property prices, include NORTHCOTE ST, HILLY ST, and TENNYSON RD. These streets often command premium values due to their location, views, or larger property sizes. With a total of 30 streets, Mortlake offers a variety of residential options, each contributing to the suburb's unique character and appeal.
Market Dynamics
Transaction patterns in Mortlake reveal insights into the suburb's market activity. The average settlement time for properties in Mortlake is 69 days, indicating a fairly standard timeframe for property sales. Quick-flip percentage data is not available, but the settlement timeframe can give an indication of how quickly properties are changing hands. These market dynamics contribute to the overall picture of Mortlake's property landscape.
Development & Density
Mortlake features a mix of housing types, but is increasingly characterised by higher-density living. The suburb contains 271 apartment buildings, reflecting a trend towards apartment living. This development density is balanced with established houses, creating a diverse residential environment. The high percentage of strata title properties further underscores the significance of apartment living in Mortlake, shaping the suburb's character and influencing property values.
Growth & Property Mix
Historically, Mortlake's property market has experienced varying growth rates. The 10-year Compound Annual Growth Rate (CAGR) stands at -1.1%, while the 20-year CAGR is 0.7%. Over the full 36-year period, the CAGR is 4.5%. Mortlake's property composition is heavily influenced by apartments, with strata title properties accounting for 61.7% of the market. These figures provide context to Mortlake's long-term performance.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.