NSW has seen average median house prices change by 10.96% which means that Manilla, 2346 has done well for property investors by showing a capital gain of 14.00% over the last year
Manilla,2346 has offered an average of 14.00% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Manilla is giving property investors an average Vendor Discount of around -7.05%. This puts suburb at number 182th in NSW when ranking the most discounted suburbs.
The riverside suburb of Manilla may be a considerable distance from Sydney, but it is thriving. positive growth has been observed for the past five years, with the price increase over the previous 12 months reaching almost 30%.Full summary
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Aviation hub flies high
Median house price: $255,000
Three-year growth: 41.67%
Rental yield: 5.71%
The riverside suburb of Manilla may be a considerable distance from Sydney, but it is thriving. Positive growth has been observed for the past five years, with the price increase over the previous 12 months reaching almost 30%.
A major contributor to this suburb’s popularity is the extremely low house prices. The median price is just a little over $250,000, making it an excellent bargain for those on a budget. The average rental yield is also quite high at nearly 6%. Coupled with the long-term growth potential and the affordability, Manilla is an ideal investment.
Manilla is a destination for fishing, since it sits near both Manilla River and Namoi River. It is also internationally known as a hub for aviation sports like paragliding. Community activity is centred on the local library centre.Close