Suburb Profile Report for Mona Vale NSW (2103)

Mona Vale House: Median price $1,562,500, Annual capital growth 6.44%, Number of sales 113, Weekly median advertised rent $825

Mona Vale Unit: Median price $865,000, Annual capital growth 3.96%, Number of sales 94, Weekly median advertised rent $600

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 6.38% which means that Mona Vale, 2103 has done well for property investors by showing a capital gain of 10.42% over the last year

Across a shorter period, Mona Vale, 2103 has seen a median price increase of 8.21% over the last quarter.

Vendor discounting in Mona Vale is giving property investors an average Vendor Discount of around -3.57%. This puts suburb at number 1035th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $825 weekly from the median priced house in this suburb.

Over the last year, property investments in Mona Vale, 2103 have given investors a capital gain of 8.46%. This compares favourably with the 5.59% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mona Vale has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Mona Vale are currently offering property investors an average price cut of -4.31% below the asking price at the moment.

In the last year 94 properties changed hands in Mona Vale, which puts it as the 149th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $600 mark per week – giving a return of 3.61% based on the median price in Suburb

HOUSE UNIT
$1,562,500 $865,000
8.21% 1.17%
10.42% 8.46%
6.44% 3.96%
$825 $600
113 94
2.75% 3.61%
49.27 38.04

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 10166
Median household income ($/weekly) 1686
Median age of persons 42
Median housing loan repayment ($/monthly) 2600
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1175 11.6
    25-34 years 1072 10.5
    35-44 years 1390 13.7
    45-54 years 1396 13.7
    55-64 years 1355 13.3
    Others 3777 37.2
    Age Group
    Census Count Percent(%)
    Registered Married 4036 54.3
    Not Married 2822 38.0
    Defacto Relationship 576 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 7315 74.7
    Papua New Guinea 242 2.5
    South Africa 115 1.2
    United Kingdom 932 9.5
    Other 323 3.3
    Others 860 8.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 114 1.2
    Christianity 6975 74.2
    Hinduism 29 0.3
    Other Religious Groups 36 0.4
    No Religion 2203 23.4
    Others 44 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 252 7.8
    $1,500-$1,999 411 12.7
    $2,000-$2,499 318 9.8
    $2,500-$2,999 406 12.6
    $3,000-$3,499 266 8.2
    Others 1577 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3114 39.0
    Not in the labour force 2692 33.7
    Employed, worked part-time 1710 21.4
    Employed, away from work 291 3.6
    Unemployed, looking for work 184 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 797 15.6
    Professionals 1235 24.1
    Technicians & trades workers 677 13.2
    Clerical & administrative workers 836 16.3
    Sales 514 10.0
    Others 1056 20.6
    Occupation
    Census Count Percent(%)
    Pre-school 204 9.2
    Infants/Primary 768 34.8
    Secondary 634 28.7
    Technical or Further Educational Institution 197 8.9
    University or other Tertiary Institutions 336 15.2
    Others 68 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6354 68.3
    Flat, unit or apartment 1912 20.6
    Semi-detached, row or terrace house, townhouse 948 10.2
    House or flat attached to a shop, office 89 1.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1460 41.2
    Being purchased 1189 33.5
    Rented 847 23.9
    Other tenure type 49 1.4
    Tenure Type
Census 2011, ABS
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