Suburb Profile Report for Manly Vale NSW (2093)

Manly Vale House: Median price $1,725,000, Annual capital growth 8.39%, Number of sales 29, Weekly median advertised rent $1,000

Manly Vale Unit: Median price $844,000, Annual capital growth 8.14%, Number of sales 104, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1032th in the list of Australian suburbs ordered by increase in median house value over the last year, Manly Vale, 2093 is in the top 30% with a property value increase of 12.75% recorded in median house prices.

Across a shorter period, Manly Vale, 2093 has seen a median price increase of 2.03% over the last quarter.

Sellers are offering property buyers an average discount of -5.95% to buyers in Manly Vale at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $1000 and the average annual increase in value of a median property of 8.39%, investors should hope to achieve an overall return of 3.01%

Giving property investors a a solid capital gain of 20.53% for the last year, Manly Vale, 2093 is the 147th highest performer in Australia in this respect.

Manly Vale,2093 has offered an average of 20.53% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Manly Vale is giving property investors an average Vendor Discount of around -3.06%. This puts suburb at number 346th in NSW when ranking the most discounted suburbs.

Advertised rents are around the $550 mark per week – giving a return of 3.39% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,725,000 $844,000
2.03% 1.82%
12.75% 20.53%
8.39% 8.14%
$1,000 $550
29 104
3.01% 3.39%
40.3 18.74

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 5701
Median household income ($/weekly) 1555
Median age of persons 36
Median housing loan repayment ($/monthly) 2383
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 598 10.5
    25-34 years 1039 18.2
    35-44 years 1038 18.2
    45-54 years 726 12.7
    55-64 years 540 9.5
    Others 1762 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 2001 46.8
    Not Married 1803 42.2
    Defacto Relationship 468 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3575 64.9
    Croatia 117 2.1
    Papua New Guinea 178 3.2
    United Kingdom 496 9.0
    Other 411 7.5
    Others 728 13.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 123 2.3
    Christianity 3381 63.8
    Hinduism 84 1.6
    Islam 87 1.6
    No Religion 1553 29.3
    Others 71 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 174 8.4
    $1,250-$1,499 169 8.2
    $1,500-$1,999 285 13.8
    $2,000-$2,499 185 8.9
    $2,500-$2,999 252 12.2
    Others 1004 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2101 46.7
    Not in the labour force 1197 26.6
    Employed, worked part-time 918 20.4
    Employed, away from work 178 4.0
    Unemployed, looking for work 107 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 488 15.3
    Professionals 906 28.4
    Technicians & trades workers 386 12.1
    Community & personal service workers 311 9.7
    Clerical & administrative workers 454 14.2
    Others 649 20.3
    Occupation
    Census Count Percent(%)
    Pre-school 129 10.2
    Infants/Primary 419 33.2
    Secondary 273 21.6
    Technical or Further Educational Institution 146 11.6
    University or other Tertiary Institutions 242 19.2
    Others 52 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2656 49.6
    Separate house 2537 47.4
    Semi-detached, row or terrace house, townhouse 143 2.7
    House or flat attached to a shop, office 16 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 816 36.7
    Rented 815 36.6
    Fully owned 579 26.0
    Other tenure type 15 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals