Over the last year, property investments in Manly West, 4179 have given investors a capital gain of 4.61%. This compares favourably with the 2.51% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Manly West has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Manly West should be aiming for at least -4.66% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors who have had real estate in Manly West, 4179 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.79%
The five-year average increase in median property values for Manly West,4179 has given property investors a potential capital gain of 8.61% across each of those five years.
Vendor discounting in Manly West is giving property investors an average Vendor Discount of around -8.24%. This puts suburb at number 43th in QLD when ranking the most discounted suburbs.
Property investors should expect to get $410 weekly from the median priced house in this suburb.