Suburb Profile Report for Mona Vale NSW (2103)

Mona Vale House: Median price $1,459,500, Annual capital growth 5.84%, Number of sales 113, Weekly median advertised rent $825

Mona Vale Unit: Median price $850,000, Annual capital growth 3.94%, Number of sales 86, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1805th in the list of Australian suburbs ordered by increase in median house value over the last year, Mona Vale, 2103 is in the top half with a property value increase of 6.15% recorded in median house prices.

While Mona Vale,2103 ranked number 658th in NSW for increase in median house value (annualised) increase, it is ranked 473th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Mona Vale itself are offering an average vendor discount of -4.94% to real estate investors.

A $825 per week rent on the median house gives suburb investors a gross yield of circa 2.94%, without taking into account capital value appreciation, which has been averaging out at 5.84%.

At number 592th in the list of Australian suburbs ordered by increase in median house value over the last year, Mona Vale, 2103 is in the top 40% with a property value increase of 6.92% recorded in median house prices.

While Mona Vale,2103 ranked number 14th in NSW for increase in median house value (annualised) increase, it is ranked 257th over the last 5 years.

Mona Vale, 2103 is offering NSW ‘s 33th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.

Mona Vale, 2103’s gross rental yield is 3.67%

HOUSE UNIT
$1,459,500 $850,000
1.07% 11.11%
6.15% 6.92%
5.84% 3.94%
$825 $600
113 86
2.94% 3.67%
60.85 41.86

Source: CoreLogic

DSR Score for property investment : Very good (U), Very 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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