Manly Vale has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 19.19% to date .
Across a shorter period, Manly Vale, 2093 has seen a median price increase of 4.77% over the last quarter.
On average over the past year, suburb has had 3.00 sales per month, which equates to 36 per year.
Using the current median advertised rental of $972.5 and the average annual increase in value of a median property of 8.55%, investors should hope to achieve an overall return of 3.11%
With a capital gain of 15.53% for the last 12 months, Manly Vale, 2093 has performed for property investments than its average annual 7.53% property growth over the last 5 years.
Comparing Manly Vale,2093 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Manly Vale2093 is located in NSW which offers an average discount of -4.45% to property investors. Manly Vale itself is showing figures that indicate -4.50% is the average achievable by property buyers investing in the suburb.
Manly Vale is 413th on a list of best yielding suburbs for rents in NSW with a 3.72% return