Manly Vale is an average performer in NSW when comparing median price capital growth over the last year. Manly Vale gave property investors a average capital gain figure when compared to the rest of the state, with 5.79%.
Across a shorter period, Manly Vale, 2093 has seen a median price increase of 0.25% over the last quarter.
Property investors should expect to get $910 weekly from the median priced house in this suburb.
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 19.63%
Comparing Manly Vale,2093 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Manly Vale is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 148th in terms of most discounted suburbs in NSW
In the last year 115 properties changed hands in Manly Vale, which puts it as the 133th most active market in NSW when comparing the number of sales per suburb.
A $545 per week rent on the median house gives suburb investors a gross yield of circa 3.63%, without taking into account capital value appreciation, which has been averaging out at 7.80%.