Mona Vale is a well-established suburb in New South Wales within the Northern Beaches local government area (postcode 2103). With a population of 10,877, the suburb has a mature demographic with a median age of 46. Households earn a median income of $119K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Mona Vale is $3.0 million, having grown strongly 7.9% over the past year. Units have a median price of $2.5 million (+109.2% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $3,033.
Mona Vale is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 62 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Mona Vale offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 25.3x is considered stretched. House prices have moved +7.9% year-on-year.
Mona Vale is a well-established suburb in New South Wales within the Northern Beaches local government area (postcode 2103). With a population of 10,877, the suburb has a mature demographic with a median age of 46. Households earn a median income of $119K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Mona Vale is $3.0 million, having grown strongly 7.9% over the past year. Units have a median price of $2.5 million (+109.2% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $3,033.
Mona Vale is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 62 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Mona Vale offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 25.3x is considered stretched. House prices have moved +7.9% year-on-year.