At number 558th in the list of Australian suburbs ordered by increase in median house value over the last year, Mona Vale, 2103 is in the top 20% with a property value increase of 18.39% recorded in median house prices.
Across a shorter period, Mona Vale, 2103 has seen a median price increase of 0.32% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Mona Vale itself are offering an average vendor discount of -4.34% to real estate investors.
A $870 per week rent on the median house gives suburb investors a gross yield of circa 2.65%, without taking into account capital value appreciation, which has been averaging out at 6.51%.
Mona Vale is an average performer in NSW when comparing median price capital growth over the last year. Mona Vale gave property investors a average capital gain figure when compared to the rest of the state, with 8.78%.
The five-year average increase in median property values for Mona Vale,2103 has given property investors a potential capital gain of 59.91% across each of those five years.
Mona Vale2103 is located in NSW which offers an average discount of -4.13% to property investors. Mona Vale itself is showing figures that indicate -3.60% is the average achievable by property buyers investing in the suburb.
The NSW suburb of Mona Vale, 2103 is in the Pittwater local government area.