Suburb Profile Report for Manilla NSW (2346)

Manilla House: Median price $275,000, Annual capital growth 8.22%, Number of sales 54, Weekly median advertised rent $285

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

With a capital gain of 18.28% for the last 12 months, Manilla, 2346 has performed for property investments than its average annual 8.22% property growth over the last 5 years.

The five-year average increase in median property values for Manilla,2346 has given property investors a potential capital gain of 52.78% across each of those five years.

Our latest figures would indicate that property sellers in Manilla are currently offering property investors an average price cut of -6.68% below the asking price at the moment.

Renters in Suburb are facing rents around $3420 per annum or $285 every week.

Information supplied by:


May 2017

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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

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.
 

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Metrics i HOUSE UNIT
$275,000 N/A
2.80% N/A
18.28% N/A
8.22% N/A
$285 N/A
54 N/A
5.39% N/A
138.08 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 2507
Median household income ($/weekly) 658
Median age of persons 45
Median housing loan repayment ($/monthly) 900
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 347 13.8
    35-44 years 268 10.7
    45-54 years 311 12.4
    55-64 years 375 15.0
    65-74 years 337 13.4
    Others 869 34.7
    Age Group
    Census Count Percent(%)
    Registered Married 853 47.6
    Not Married 779 43.5
    Defacto Relationship 160 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2285 95.5
    Papua New Guinea 16 0.7
    United Kingdom 54 2.3
    United States of America 5 0.2
    Other 8 0.3
    Others 24 1.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1949 84.0
    No Religion 345 14.9
    Other Religious Groups 16 0.7
    Buddhism 6 0.3
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 152 17.2
    $400-$599 185 20.9
    $600-$799 152 17.2
    $800-$999 84 9.5
    $1,000-$1,249 68 7.7
    Others 244 27.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 997 52.4
    Employed, worked full-time 481 25.3
    Employed, worked part-time 283 14.9
    Unemployed, looking for work 89 4.7
    Employed, away from work 51 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 100 12.3
    Professionals 102 12.5
    Technicians & trades workers 122 15.0
    Community & personal service workers 90 11.0
    Labourers 143 17.5
    Others 259 31.7
    Occupation
    Census Count Percent(%)
    Pre-school 48 9.3
    Infants/Primary 230 44.7
    Secondary 150 29.1
    Technical or Further Educational Institution 44 8.5
    University or other Tertiary Institutions 36 7.0
    Others 7 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2129 91.0
    Semi-detached, row or terrace house, townhouse 135 5.8
    Flat, unit or apartment 47 2.0
    House or flat attached to a shop, office 29 1.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 449 46.1
    Being purchased 267 27.4
    Rented 251 25.7
    Other tenure type 8 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals