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