Property value increases in Manly Vale have tracked just higher than the NSW average of 9.05% over the last 12 months.
If we look at median property appreciation over just the last three months, Manly Vale has given property investors a paper return of 6.88%. This puts Suburb as 251 on a list of fastest fasting appreciating suburbs in NSW
Situated 10.42km from the CBD, Manly Vale is one of Warringah localities in the postcode 2093.
Property investors who have had real estate in Manly Vale, 2093 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.49%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Manly Vale has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Manly Vale, 2093. Typically our figures indicate that -3.73% is being offered, which puts this NSW suburb at 1113th most discounted overall in Australia.
In the last year 105 properties changed hands in Manly Vale, which puts it as the 142th most active market in NSW when comparing the number of sales per suburb.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.48%, without taking into account capital value appreciation, which has been averaging out at 8.20%.