604/5 Northcote Street, Mortlake NSW 2137
604/5 Northcote Street, Mortlake NSW 2137
This 2-bedroom, 2-bathroom apartment / unit with 1 car spaces on a 111 sqm block is positioned in Mortlake NSW. The property is ideal for low-maintenance living with convenient access to local amenities.
Market Insight:
Mortlake demand is anchored by its riverine inner-West locale, the renewed Mortlake‑Putney ferry service keeping commuters connected, and rental appetite that still supports roughly $750 weekly unit returns. Buyers see entry points as houses trade near $2.15m and units near $820k while annual trends remain soft and the past six months have kept that easing momentum, so price sensitivity is high even as limited listings hold stock tight. That correction is a near-term risk, but five-year house gains of about 19% and only ten listed properties at the moment hint growth could resume once broader metro sentiment steadies, so prioritise flood-safe, well-serviced stock.