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Mortlake, VIC 3272

Home » VIC Real Estate Data » Moyne Shire, VIC » Mortlake, VIC 3272

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Mortlake, VIC 3272 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Mortlake, VIC 3272”

  1. The total adult population (15 years or older) of Mortlake 3272 VIC is 1,222, with a median age of 49. Of those, 45.09% are married, 14.24% are divorced or separated, 31.75% are single and 8.84% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,468. The median monthly mortgage repayment for households in this suburb is $932 which is 17.04% of their earnings.

    Source: ABS Census Data (2021)

  2. With approximately 876 households, the charming locality of Mortlake 3272, nestled in Victoria, presents an engaging outlook for potential property buyers and investors in the third quarter of 2023. Here, the standard prices for houses hover around the $386,237 mark while boasting a median weekly rental return of $360. This translates to a pleasing indicative yield of about 4.85%, far surpassing the 3% minimum threshold for lucrative investment markets – a promising sign for cashflow-focused investors.

    The socio-economic environment in Mortlake, reflected by an impressive IRSAD score of 914 out of a possible 1217, clearly signals a rather affluent population with access to economic resources, thus adding to the attractiveness of the neighbourhood. Meanwhile, its renter-to-owner ratio sprawls comfortably at 18%, well below the 30% sweet spot which suggests a balanced and sustainable market with lower-risk characteristics.

    The units to houses ratio, often a decisive factor in the appeal and long-term stability of a suburb, stands at a minimal 3% in Mortlake – a favourable index indicating a preferential predominance of houses over units and perhaps befitting an investor’s portfolio strategy favouring less rental competition and longer tenancy periods.

    Further enhancing Mortlake’s allure is the affordability index, residing at 28 years. This is below the potential warning zone of 31 years, indicating a locale characterised by strong affordability factors likely to draw a steady stream of potential owners.

    From a supply perspective, Mortlake 3272 performs admirably with its stock on market percentage for houses at a scant 0.34% and an inventory timeline of just 0.9 months, both metrics signalling low supply that could kindle higher prices. A building approvals ratio of 0.23% iterates a restrained future supply, adding another mark in Mortlake’s favour.

    The average number of days on the market for houses here is a respectable 36, suggesting a market experiencing moderate to high demand. The vacancy rate sits at a balanced 1.95%, falling within the neutral demand swath. Simultaneously, the buy search index comes in at a moderate 4, further illustrating a decent level of interest among property seekers.

    However, without casting a blind eye to any less favourable metrics, the overall property market scenario in Mortlake 3272 does seem quite enticing as an investment prospect. This is informed by the various metrics and their trends, duly weighed by the HtAG Analytics’ comprehensive Relative Composite Score (RCS). As with any investment venture, comprehensive due diligence remains vital, and in this regard, Mortlake 3272 warrants a closer analysis and continued monitoring for any discerning investor.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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