If you compare the increase in value of investment property in Manly West, 4179 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.46%.
Across a shorter period, Manly West, 4179 has seen a median price increase of 0.00% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Manly West, 4179. Typically our figures indicate that -4.49% is being offered, which puts this QLD suburb at 2902th most discounted overall in Australia.
At number 539 in a list of fastest selling suburbs, Manly West is in the TOP 20% of suburbs in Australia with an average of days on market 50.31 for properties listed there.
Manly West is 590th on a list of best yielding suburbs for rents in QLD with a 4.00% return
Manly West, 4179 ranked 39th in QLD when comparing growth in median property values or capital gain over the last 12 months. Manly West is one of 2415 in our list for QLD
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 buyers and investors in Manly West 4179 should be seeing an average reduction in asking price of around -6.51% . This means that Manly West is holding prices well when compared to other suburbs in QLD.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.97%, without taking into account capital value appreciation, which has been averaging out at 6.06%.