Suburb Profile Report for Mona Vale NSW (2103)

Mona Vale House: Median price $1,680,515, Annual capital growth 6.71%, Number of sales 109, Weekly median advertised rent $850

Mona Vale Unit: Median price $955,000, Annual capital growth 5.06%, Number of sales 106, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$1,680,515 $955,000
3.50% 8.96%
16.66% 24.84%
6.71% 5.06%
$850 $600
109 106
2.63% 3.27%
51.27 39.84

Source: CoreLogic

DSR Score for property investment : 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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