At number 419th in the list of Australian suburbs ordered by increase in median house value over the last year, Manilla, 2346 is in the top 20% with a property value increase of 17.65% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Manilla,2346 has racked up an average of 17.65% over the period. This ranks it number 888th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Manilla is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 145th in terms of most discounted suburbs in NSW
Advertised rents are around the $270 mark per week – giving a return of 6.46% based on the median price in Suburb