Property investors who have had real estate in North Manly, 2100 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 15.48%
If we look at median property appreciation over just the last three months, North Manly has given property investors a paper return of 9.35%. This puts Suburb as 146 on a list of fastest fasting appreciating suburbs in NSW
A $975 per week rent on the median house gives suburb investors a gross yield of circa 3.05%, without taking into account capital value appreciation, which has been averaging out at 7.42%.
Renters in Suburb are facing rents around $6300 per annum or $525 every week.