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Balmoral vs Mortdale

Property investment comparison - Balmoral, NSW 2571 vs Mortdale, NSW 2223

Head-to-head across core investment metrics: Balmoral wins 1, Mortdale wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBalmoralMortdale
Median house price$1.9M$1.9M
Median unit price$665K$815K
Gross rental yield (houses)-2.55%
Gross rental yield (units)2.01%4.25%
1-year house growth-+7.2%estimate
3-year house growth--
Vacancy rate2.3%0.9%
Population46910,745

Balmoral vs Mortdale: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.9M in Balmoral and $1.9M in Mortdale.

For units, Balmoral sits at a median of $665K against $815K in Mortdale, which makes Balmoral the more affordable unit market and Mortdale the pricier one.

Rental vacancy is 0.9% in Mortdale and 2.3% in Balmoral, so landlords in Mortdale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mortdale is the bigger suburb, with a population of 10,745 against 469, roughly 23 times the size of Balmoral; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mortdale for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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