At number 3238th in the list of Australian suburbs ordered by increase in median house value over the last year, Manoora, 4870 is in the BOTTOM 30% with a property value increase of -2.42% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Manoora,4870 has racked up an average of -2.42% over the period. This ranks it number 2407th in the whole country for real estate investors looking at median house price increases.
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 Manoora, 4870. Typically our figures indicate that -10.31% is being offered, which puts this QLD suburb at 305th most discounted overall in Australia.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 6.02%, without taking into account capital value appreciation, which has been averaging out at 1.93%.
At number 1030th in the list of Australian suburbs ordered by increase in median house value over the last year, Manoora, 4870 is in the BOTTOM 50% with a property value increase of 0.95% recorded in median house prices.
Comparing Manoora,4870 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
LACK OF BUYER INTEREST may well be the reason that Manoora is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 35th in terms of most discounted suburbs in QLD
Situated 1388.74km from the CBD, Manoora is one of Cairns localities in the postcode 4870.