Suburb Profile Report for Mona Vale NSW (2103)

Mona Vale House: Median price $1,670,000, Annual capital growth 7.00%, Number of sales 118, Weekly median advertised rent $850

Mona Vale Unit: Median price $890,000, Annual capital growth 4.78%, Number of sales 101, Weekly median advertised rent $620

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 16.38% for the last 12 months, Mona Vale, 2103 has performed for property investments than its average annual 7.00% property growth over the last 5 years.

Across a shorter period, Mona Vale, 2103 has seen a median price increase of 6.37% over the last quarter.

Our latest figures would indicate that property sellers in Mona Vale are currently offering property investors an average price cut of -3.60% below the asking price at the moment.

With the median price for a house in Mona Vale being $1670000 and the advertised rent reaching $850 the gross rental yield for property investors calculates out to be 2.65%

Mona Vale has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.60% to date .

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.

Sellers are offering property buyers an average discount of -4.40% to buyers in Mona Vale at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 8.42 sales per month, which equates to 101 per year.

Using the current median advertised rental of $620 and the average annual increase in value of a median property of 4.78%, investors should hope to achieve an overall return of 3.62%

Metrics i HOUSE UNIT
$1,670,000 $890,000
6.37% 0.00%
16.38% 11.60%
7.00% 4.78%
$850 $620
118 101
2.65% 3.62%
50.43 40.42

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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