East Corrimal vs Mortdale

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

For units, East Corrimal sits at a median of $800K against $815K in Mortdale, which makes East Corrimal the more affordable unit market and Mortdale the pricier one.

On cash flow, Mortdale leads: houses there return a gross rental yield of 2.55%, compared with 2.49% in East Corrimal, a gap of 0.06 percentage points.

Over the past year house prices moved +8.9% in East Corrimal and +7.2% in Mortdale (an estimate), so recent momentum favours East Corrimal, although both suburbs recorded growth.

Rental vacancy is 0.7% in East Corrimal and 0.9% in Mortdale, so landlords in East Corrimal 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 3,432, roughly 3.1 times the size of East Corrimal; a larger suburb usually means a deeper pool of buyers and tenants.

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