Manly has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 31.84% to date .
Manly,2095 has offered an average of 31.84% return per annum in house price rises to property investors over the last three years.
The most recent median price for Manly is $3085000, with sellers offering an average of -7.11% off the asking price.
With the median price for a house in Manly being $3085000 and the advertised rent reaching $1385 the gross rental yield for property investors calculates out to be 2.33%
If you compare the increase in value of investment property in Manly, 2095 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.83%.
Taking the average capital gain, or increase in median house value, Manly,2095 has racked up an average of 13.83% over the period. This ranks it number 206th in the whole country for real estate investors looking at median house price increases.
Manly, 2095 is offering NSW ‘s 335th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Advertised rents are around the $750 mark per week – giving a return of 3.22% based on the median price in Suburb