1B Scott Street, Mortdale NSW 2223

Mortdale demand is being driven by the Morts Road retail revitalisation, planned upgrades to Mortdale Memorial Park and the station, and spillover from Hurstville’s redevelopment that keeps families and commuters close to the CBD. Buyers are focused on the suburb’s steady rental interest, balanced mix of houses and units and limited future supply – about $45 million of projects to 2026 – so stock is unlikely to flood the market soon. Risk is mostly around modest yields and rate sensitivity, while a tight vacancy of roughly 1.1% plus undersupply keeps houses stable and has sustained about 6–7% unit growth over the past year, so the past six months have seen no major corrections.