Mona Vale

POSTAL CODE: NSW, 2103
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Property investors enjoyed capital gains of 9.11% over the last 12 months in MONA VALE, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in MONA VALE are low, as opposed to average gains per annum over the past five years.

The suburb posted a 12.91% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $1195 based on current median home prices for the suburb.

On average, rents on listings have reached the $1195 mark, reflecting a 2.26% increase in returns based on the current median price in MONA VALE.

MONA VALE, 2103 ranks 445th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 965th on the list of best yielding suburbs for rental properties in NSW, posting a 2.26% return.

Surburb overview

Mona Vale is a coastal suburb located approximately 28 kilometres north of Sydney's central business district, within the Northern Beaches Council area. 

As of the 2021 Census, Mona Vale had a population of 10,877 residents, with a median age of 44 years. A significant portion of the population is aged 60 and above, accounting for 29.7%, which is higher than the Northern Beaches average of 21.9%. The majority of residents were born in Australia (71.3%), followed by England (7.4%) and New Zealand (2.0%).

Public transportation in Mona Vale is primarily serviced by the B-Line bus route, which offers frequent connections to Wynyard Station in the Sydney Central Business District (CBD). The journey takes approximately 54 minutes, with services departing every five minutes. Additional bus routes, including the 190x and 199, connect Mona Vale to surrounding suburbs such as Avalon, Newport, and Manly.

Essential establishments in the area include Mona Vale Hospital, which has been undergoing redevelopment since the opening of the Northern Beaches Hospital. Educational facilities in the area include Mona Vale Public School, Sacred Heart Catholic Primary School, and Pittwater High School. The suburb also hosts a variety of shops, supermarkets, and a public library.

Recreational activities are abundant, with Mona Vale Beach offering a one-kilometre stretch of sand, a café, a playground, and parking facilities. The beach features two rock pools: a larger 30-metre pool and a smaller pool suitable for children and less confident swimmers. The Mona Vale Golf Club provides golfing opportunities with scenic ocean views. The suburb also features parks, walking tracks, and a skate park, catering to a range of outdoor interests.

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