7/36-38 Seabeach Avenue Mona Vale NSW 2103

1 bed apartment with single parking |Unit market up 4.41% quarterly |36 day avg days on market |3.19% rental yield fits downsizers|young pros |Stable coastal hold. This one-bedroom apartment with one bathroom and one parking space suits downsizers or young professionals seeking low-maintenance coastal living. Positioned in a strata-heavy street, it offers straightforward apartment living without the upkeep of houses, aligning with buyers prioritising convenience over space. Similar units in the area attract those transitioning from larger homes or entering the market, drawn by shorter sell times of around 36 days compared to houses at 50. The property’s single-bedroom layout positions it accessibly within the unit median of about $1.36 million, where recent quarterly growth outpaces annual figures. This suggests a consolidation phase with upside potential, as forecasts point to strong medium-term gains for units. Long-term, its coastal location underpins holding value amid Mona Vale’s 7.5% decade-long growth trajectory for properties. Buyers here typically include investors eyeing 3.19% yields from $850 weekly rents, providing steady income in a balanced market. Street-level stability from renovation-focused developments further bolsters its appeal without overdevelopment risks. Overall, it represents a pragmatic entry into a market favouring resilient, low-entry assets.