Property value increases in Mona Vale have tracked higher than the NSW average of 1.14% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Mona Vale comes in at number 597th in NSW.
Vendor discounting in Mona Vale is giving property investors an average Vendor Discount of around -8.26%. This puts suburb at number 115th in NSW when ranking the most discounted suburbs.
Residents and property investors in Mona Vale have been waiting around 79.9091 days to sell a property.
Advertised rents are around the $885 mark per week – giving a return of 2.63% based on the median price in Suburb
Mona Vale, 2103 ranked 26th 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
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mona Vale has increased when compared to the 5 year average annual rate.
Property buyers and investors in Mona Vale 2103 should be seeing an average reduction in asking price of around -6.91% . This means that Mona Vale is holding prices well when compared to other suburbs in NSW.
In the last year 99 properties changed hands in Mona Vale, which puts it as the 131th most active market in NSW when comparing the number of sales per suburb.