Mona Vale has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 30.83% to date .
A 0.00% growth in median value for property investors in Mona Vale,2103 puts this suburb at number 224th in terms of best performing suburbs in NSW
Property buyers and investors in Mona Vale 2103 should be seeing an average reduction in asking price of around -9.87% . This means that Mona Vale is holding prices well when compared to other suburbs in NSW.
In the last year 126 properties changed hands in Mona Vale, which puts it as the 257th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Mona Vale being $2580000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 9.27%
Property value increases in Mona Vale have tracked higher than the NSW average of 9.41% over the last 12 months.
If we look at median property appreciation over just the last three months, Mona Vale has given property investors a paper return of 1.95%. This puts Suburb as 158 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Mona Vale should be aiming for at least -3.50% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $470 weekly from the median priced house in this suburb.