Suburb Profile Report for Mannering Park NSW (2259)

Mannering Park House: Median price $415,000, Annual capital growth 4.44%, Number of sales 57, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Mannering Park, 2259 should be relatively 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 9.21%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mannering Park has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Mannering Park itself are offering an average vendor discount of -5.77% to real estate investors.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 4.44%, investors should hope to achieve an overall return of 4.64%

HOUSE UNIT
$415,000 N/A
5.06% N/A
9.21% N/A
4.44% N/A
$370 N/A
57 N/A
4.64% N/A
57.44 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 2398
Median household income ($/weekly) 892
Median age of persons 39
Median housing loan repayment ($/monthly) 1434
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 364 15.2
    25-34 years 251 10.5
    35-44 years 320 13.3
    45-54 years 335 14.0
    55-64 years 272 11.3
    Others 856 35.7
    Age Group
    Census Count Percent(%)
    Registered Married 762 43.9
    Not Married 750 43.2
    Defacto Relationship 224 12.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2073 91.2
    Greece 11 0.5
    Papua New Guinea 43 1.9
    United Kingdom 70 3.1
    Other 21 0.9
    Others 54 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1639 75.1
    No Religion 519 23.8
    Buddhism 17 0.8
    Judaism 3 0.1
    Other Religious Groups 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 137 17.6
    $600-$799 95 12.2
    $800-$999 82 10.5
    $1,000-$1,249 75 9.6
    $1,500-$1,999 88 11.3
    Others 301 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 741 41.8
    Employed, worked full-time 566 31.9
    Employed, worked part-time 299 16.9
    Employed, away from work 86 4.9
    Unemployed, looking for work 80 4.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 121 12.8
    Technicians & trades workers 176 18.6
    Clerical & administrative workers 114 12.0
    Sales 114 12.0
    Labourers 146 15.4
    Others 277 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 50 9.5
    Infants/Primary 231 43.7
    Secondary 164 31.0
    Technical or Further Educational Institution 39 7.4
    University or other Tertiary Institutions 28 5.3
    Others 17 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2189 96.6
    Semi-detached, row or terrace house, townhouse 40 1.8
    Flat, unit or apartment 20 0.9
    Caravan, cabin, houseboat 18 0.8
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 350 40.3
    Fully owned 289 33.3
    Rented 224 25.8
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals