Giving property investors a an average capital gain of 3.90% for the last year, Manly, 4179 is the 2231th highest performer in Australia in this respect.
While Manly,4179 ranked number 747th in QLD for increase in median house value (annualised) increase, it is ranked 30th over the last 5 years.
Sellers are offering property buyers an average discount of -6.72% to buyers in Manly at the moment, which is less than average for the rest of QLD.
At number 1958 in a list of fastest selling suburbs, Manly is just in the bottom half of suburbs in Australia with an average of days on market 83.3 for properties listed there.
The QLD suburb of Manly, 4179 is in the Brisbane local government area.
Investment property in Manly has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.84%
Manly, 4179 is offering QLD ‘s 296th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 4.76%.