Manilla has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 26.44% to date .
Over the longer term, Manilla has seen property prices show investors a 52.78% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Manilla is $275000, with sellers offering an average of -7.04% off the asking price.
The NSW suburb of Manilla, 2346 is in the Tamworth Regional local government area.
The riverside suburb of Manilla may be a considerable distance from Sydney, but it is thriving. positive growth has been observed for the past five years, with the price increase over the previous 12 months reaching almost 30%.Full summary
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Aviation hub flies high
Median house price: $255,000
Three-year growth: 41.67%
Rental yield: 5.71%
The riverside suburb of Manilla may be a considerable distance from Sydney, but it is thriving. Positive growth has been observed for the past five years, with the price increase over the previous 12 months reaching almost 30%.
A major contributor to this suburb’s popularity is the extremely low house prices. The median price is just a little over $250,000, making it an excellent bargain for those on a budget. The average rental yield is also quite high at nearly 6%. Coupled with the long-term growth potential and the affordability, Manilla is an ideal investment.
Manilla is a destination for fishing, since it sits near both Manilla River and Namoi River. It is also internationally known as a hub for aviation sports like paragliding. Community activity is centred on the local library centre.Close