Giving property investors a a stable capital gain of 12.59% for the last year, Manifold Heights, 3218 is the 883th highest performer in Australia in this respect.
Manifold Heights,3218 was ranked 597 in Australia by increase in median property value over the quarter.
Property buyers and investors in Manifold Heights 3218 should be seeing an average reduction in asking price of around -4.50% . This means that Manifold Heights is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 3.67 sales per month, which equates to 44 per year.
Situated 66.02km from the CBD, Manifold Heights is one of Greater Geelong localities in the postcode 3218.
Investment property in Manifold Heights has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.16%
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.
Our latest figures would indicate that property sellers in Manifold Heights are currently offering property investors an average price cut of -6.61% below the asking price at the moment.
Property investors should expect to get $252.5 weekly from the median priced house in this suburb.