Suburb Profile Report for Mona Vale NSW (2103)

Mona Vale House: Median price $1,600,000, Annual capital growth 6.99%, Number of sales 80, Weekly median advertised rent $950

Mona Vale Unit: Median price $945,000, Annual capital growth 6.10%, Number of sales 83, Weekly median advertised rent $630

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

NSW has seen average median house prices change by -4.21% which means that Mona Vale, 2103 has not done well for property investors by showing a capital gain of -6.98% over the last year

A 33.33% growth in median value for property investors in Mona Vale,2103 puts this suburb at number 433th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Mona Vale should be aiming for at least -8.01% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Mona Vale have been waiting around 81.1 days to sell a property.

Advertised rents are around the $950 mark per week – giving a return of 3.09% based on the median price in Suburb

NSW has seen average median house prices change by -4.02% which means that Mona Vale, 2103 has not done well for property investors by showing a capital gain of -4.06% over the last year

Mona Vale,2103 was ranked 329 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -7.16% to buyers in Mona Vale at the moment, which is less than average for the rest of NSW.

Property investors should expect to get $630 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,600,000 $945,000
0.00% 2.72%
-6.98% -4.06%
6.99% 6.10%
$950 $630
80 83
3.09% 3.47%
81.1 75.3392857142857

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (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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