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Asking Price
$850,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 2-bedroom apartment at 405/2 Northcote Street in Mortlake, NSW 2137 is on the market at $850K, with 2 bathrooms and parking for 2. It offers 81 m2 of internal living space. The apartment was built in 2017. Mortlake sits about 10 km from the CBD, where the median unit price is $825K. 80 schools sit within about 5km, and the area scores 60 for walkability and 16 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $850,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Latest price change
Listed at $850,000
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Mortlake at a glance
Unit market signals | NSW 2137
Median
$825K
Market signals
To CBD
10 km
Est. Valuation
$822,043
Potential Sell Price
Est. Rent/wk
$868
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $850,000
- Stamp Duty (New South Wales)
- $32,663
- Transfer/Registration Fee
- $400
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $885,763
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 2137
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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