Manly is in the TOP 30% in QLD when comparing median price capital growth over the last year. Manly gave property investors a good capital gain figure when compared to the rest of the state, with 7.80%.
While Manly,4179 ranked number 439th in QLD for increase in median house value (annualised) increase, it is ranked 2nd over the last 5 years.
The most recent median price for Manly is $815000, with sellers offering an average of -8.02% off the asking price.
Property investors should expect to get $455 weekly from the median priced house in this suburb.
Manly, 4179 ranked 268th in QLD when comparing growth in median property values or capital gain over the last 12 months. Manly 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 has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Manly are currently offering property investors an average price cut of -3.76% below the asking price at the moment.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 7.31%, investors should hope to achieve an overall return of 4.74%