If you compare the increase in value of investment property in Manoora, 4870 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.93%.
The five-year average increase in median property values for Manoora,4870 has given property investors a potential capital gain of 27.08% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Manoora itself are offering an average vendor discount of -10.56% to real estate investors.
Manoora, 4870’s gross rental yield is 5.97%
Property investors who have had real estate in Manoora, 4870 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.13%
Manoora,4870 has offered an average of -6.13% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Manoora should be aiming for at least -8.50% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $3120 per annum or $260 every week.