Manifold Heights has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 28.42% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Manifold Heights has increased when compared to the 5 year average annual rate.
Manifold Heights, 3218 is offering VIC ‘s 459th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.
Manifold Heights is in the bottom 30% in VIC when comparing median price capital growth over the last year. Manifold Heights gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.75%.
When looking at the potential capital gains offered to property investors over the last 3 years, Manifold Heights comes in at number 313th in VIC.
Property investors looking for a bargain in Manifold Heights should be aiming for at least -4.76% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Manifold Heights the average time real estate has been on the market is 44.33 days.
Property investors should expect to get $270 weekly from the median priced house in this suburb.