Mona Vale, 2103 ranked 316th in NSW when comparing growth in median property values or capital gain over the last 12 months. Mona Vale is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Mona Vale has given property investors a paper return of 3.50%. This puts Suburb as 589 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Mona Vale are currently offering property investors an average price cut of -3.92% below the asking price at the moment.
In the last year 109 properties changed hands in Mona Vale, which puts it as the 256th most active market in NSW when comparing the number of sales per suburb.
A $850 per week rent on the median house gives suburb investors a gross yield of circa 2.63%, without taking into account capital value appreciation, which has been averaging out at 6.71%.
Mona Vale is in the TOP 10% in NSW when comparing median price capital growth over the last year. Mona Vale gave property investors a very good capital gain figure when compared to the rest of the state, with 24.84%.
While Mona Vale,2103 ranked number 57th in NSW for increase in median house value (annualised) increase, it is ranked 152th over the last 5 years.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.23% offered to property buyers. Sellers in Mona Vale itself are offering an average vendor discount of -3.40% to real estate investors.
In the last year 106 properties changed hands in Mona Vale, which puts it as the 146th most active market in NSW when comparing the number of sales per suburb.
Mona Vale, 2103’s gross rental yield is 3.27%