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