Manly has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 27.62% to date .
Over the longer term, Manly has seen property prices show investors a 58.81% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -7.37% to buyers in Manly at the moment, which is less than average for the rest of NSW.
A $1325 per week rent on the median house gives suburb investors a gross yield of circa 2.57%, without taking into account capital value appreciation, which has been averaging out at 8.84%.
Manly, 2095 ranked 256th in NSW when comparing growth in median property values or capital gain over the last 12 months. Manly is one of 3162 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Manly has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.95% to buyers in Manly at the moment, which is less than average for the rest of NSW.