NSW has seen average median house prices change by 7.15% which means that Manly Vale, 2093 has done well for property investors by showing a capital gain of 17.85% over the last year
A 76.44% growth in median value for property investors in Manly Vale,2093 puts this suburb at number 483th in terms of best performing suburbs in NSW
Using the current median advertised rental of $972.5 and the average annual increase in value of a median property of 8.17%, investors should hope to achieve an overall return of 3.24%
Property value increases in Manly Vale have tracked just higher than the NSW average of 6.59% over the last 12 months.
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.
Sellers are offering property buyers an average discount of -4.01% to buyers in Manly Vale at the moment, which is less than average for the rest of NSW.
The NSW suburb of Manly Vale, 2093 is in the Warringah local government area.