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 17.19%
The five-year average increase in median property values for Manly Vale,2093 has given property investors a potential capital gain of 73.49% across each of those five years.
Advertised rents are around the $950 mark per week – giving a return of 3.18% based on the median price in Suburb
Manly Vale, 2093 ranked 205th in NSW when comparing growth in median property values or capital gain over the last 12 months. Manly Vale is one of 3162 in our list for NSW
While Manly Vale,2093 ranked number 125th in NSW for increase in median house value (annualised) increase, it is ranked 115th over the last 5 years.
Sellers are offering property buyers an average discount of -4.14% to buyers in Manly Vale at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Manly Vale the average time real estate has been on the market is 30.08 days.
Manly Vale is 374th on a list of best yielding suburbs for rents in NSW with a 3.89% return