Giving property investors a a solid capital gain of 21.75% for the last year, Manly, 2095 is the 196th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Manly,2095 has racked up an average of 21.75% over the period. This ranks it number 464th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Manly is offering property investors an average of -5.55. This rate of discount on properties puts Suburb at number 207th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 5.08 sales per month, which equates to 61 per year.
Renters in Suburb are facing rents around $16200 per annum or $1350 every week.
At number 443th in the list of Australian suburbs ordered by increase in median house value over the last year, Manly, 2095 is in the top 30% with a property value increase of 9.45% recorded in median house prices.
Manly,2095 was ranked 811 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Manly are currently offering property investors an average price cut of -4.96% below the asking price at the moment.
In the last year 316 properties changed hands in Manly, which puts it as the 15th most active market in NSW when comparing the number of sales per suburb.
Manly, 2095’s gross rental yield is 3.52%