23/59 Darley Street E, Mona Vale NSW 2103

23/59 Darley Street E, Mona Vale NSW 2103
Large strata block | 152sqm internal | 70% owner complex | Auction 19 May | Near Mona Vale Public. This townhouse offers a rare combination of generous internal space and a stable strata environment, with 70% owner-occupiers reducing turnover risk. The 152sqm floorplan is well above typical townhouse stock, and the complex’s 4,978sqm block provides a sense of openness uncommon in strata schemes. The property suits families prioritising school proximity, with Mona Vale Public within walking distance, and appeals to buyers seeking a low-maintenance home with solid long-term holding potential. The 2022 purchase price of $1,750,000 sets a clear floor, but the current estimate of $2,183,000 implies a significant jump that may test market appetite in a rising rate environment. The 26-day average days on market suggests quick turnover, yet the property has only been listed two days, leaving little price discovery. The 30% rental component in the complex introduces some investor-driven volatility, though long-term residents at 71% mitigate this. Hold for capital growth and family use, not short-term flipping.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23/59 Darley Street E, Mona Vale NSW 2103
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Mona Vale offers a coastal lifestyle with high tranquility and strong city access, attracting young professionals and downsizers seeking low-maintenance living. This diverse demand underpins robust house price growth, while the unit market presents a more varied performance. The suburb benefits from locked-in infrastructure upgrades, supporting its desirability and future prospects, though the significant strata composition indicates a varied housing supply.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1.23 acres

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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