Mortdale vs Oyster Bay
Property investment comparison - Mortdale, NSW 2223 vs Oyster Bay, NSW 2225
Head-to-head across core investment metrics: Mortdale wins 4, Oyster Bay wins 1. 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.
| Metric | Mortdale | Oyster Bay |
|---|---|---|
| Median house price | $1.9M | $1.9M |
| Median unit price | $815K | - |
| Gross rental yield (houses) | 2.55% | 2.95% |
| Gross rental yield (units) | 4.25% | 1.34% |
| 1-year house growth | +7.2%estimate | +0.0% |
| 3-year house growth | - | +16.7% |
| Vacancy rate | 0.9% | 1.8% |
| Population | 10,745 | 5,689 |
Mortdale vs Oyster Bay: what the numbers say
The median house price is $1.9M in Mortdale and $1.9M in Oyster Bay, so Mortdale is the cheaper entry point.
On cash flow, Oyster Bay leads: houses there return a gross rental yield of 2.95%, compared with 2.55% in Mortdale, a gap of 0.40 percentage points.
Over the past year house prices moved +7.2% in Mortdale (an estimate) and +0.0% in Oyster Bay, so recent momentum favours Mortdale, although both suburbs recorded growth.
Rental vacancy is 0.9% in Mortdale and 1.8% in Oyster Bay, 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 5,689, larger than Oyster Bay; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Oyster Bay for rental income, Mortdale for a lower purchase price, Mortdale for recent price momentum, Mortdale for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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