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Mona Vale, NSW 2103

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketWalkable

Median House

$2,850,000

market range $2.7M-$3.1M

Median Unit

$1,725,000

market range $1.6M-$1.8M

Gross Yield (houses)

2.4%

1yr Growth (houses)

+2.4%

market range -7.5% to +10.0%

Investment snapshot for Mona Vale

Mona Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Mona Vale market and investor summary

In Mona Vale, NSW 2103, the median house sells for around $2.9M, on a gross rental yield of 2.4% for houses. House prices have moved +2.4% over the past year and +0.2% over three years. At 1.1% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.4% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking.

Living in Mona Vale: people, income and schools

Mona Vale is home to around 10,877 people, a number that has held fairly steady over five years. At a median age of 46, it reads as skewed a little older, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $119,000 a year (about $2,300 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 23.9 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 34% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 16 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Mona Vale sits about 23 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 70 for walkability and 63 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.

Population
10,877
+3% over 5yr
Median age
46 years
Median household income
$119,000/yr
Households renting
22%
Family households
74%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
16
avg ICSEA 1099
Unemployment
2.9%
Distance to CBD
23 km
Walk score
70/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Mona Vale

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Frequently asked questions about Mona Vale

What should I check before investing in Mona Vale?

Mona Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Walkability score of 70 broadens the tenant pool beyond car-dependent renters. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Mona Vale?

The median property price in Mona Vale, NSW 2103 is $2.9M for houses and $1.7M for units.

What rental yield does Mona Vale show?

The gross rental yield in Mona Vale is 2.4% for houses and 2.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Mona Vale?

House prices in Mona Vale are up 2.4% over the past year and up 0.2% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Mona Vale?

The current vacancy rate in Mona Vale is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Mona Vale?

Mona Vale has a population of approximately 10,877 residents, with a median age of 46.

What schools are near Mona Vale?

There are 16 schools within roughly 5km of Mona Vale. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Mona Vale affordable to buy in?

A median house in Mona Vale costs about 23.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Mona Vale's population growing?

The population of Mona Vale has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Mona Vale from the CBD?

Mona Vale is about 23 km from the CBD.

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