Suburb Profile Report for Manly Vale NSW (2093)

Manly Vale House: Median price $1,782,500, Annual capital growth 8.30%, Number of sales 36, Weekly median advertised rent $1,000

Manly Vale Unit: Median price $845,000, Annual capital growth 7.65%, Number of sales 93, Weekly median advertised rent $560

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 11.67% which means that Manly Vale, 2093 has done well for property investors by showing a capital gain of 10.58% over the last year

Manly Vale,2093 has offered an average of 10.58% return per annum in house price rises to property investors over the last three years.

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 Manly Vale, 2093. Typically our figures indicate that -5.06% is being offered, which puts this NSW suburb at 363th most discounted overall in Australia.

A $1000 per week rent on the median house gives suburb investors a gross yield of circa 2.92%, without taking into account capital value appreciation, which has been averaging out at 8.30%.

Over the last year, property investments in Manly Vale, 2093 have given investors a capital gain of 14.97%. This compares favourably with the 8.39% for NSW as a whole.

Across a shorter period, Manly Vale, 2093 has seen a median price increase of -0.59% over the last quarter.

Property investors looking for a bargain in Manly Vale should be aiming for at least -5.22% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$1,782,500 $845,000
3.78% -0.59%
10.58% 14.97%
8.30% 7.65%
$1,000 $560
36 93
2.92% 3.45%
35 23.4

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5701
Median household income ($/weekly) 1555
Median age of persons 36
Median housing loan repayment ($/monthly) 2383
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 598 10.5
    25-34 years 1039 18.2
    35-44 years 1038 18.2
    45-54 years 726 12.7
    55-64 years 540 9.5
    Others 1762 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 2001 46.8
    Not Married 1803 42.2
    Defacto Relationship 468 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3575 64.9
    Croatia 117 2.1
    Papua New Guinea 178 3.2
    United Kingdom 496 9.0
    Other 411 7.5
    Others 728 13.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 123 2.3
    Christianity 3381 63.8
    Hinduism 84 1.6
    Islam 87 1.6
    No Religion 1553 29.3
    Others 71 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 174 8.4
    $1,250-$1,499 169 8.2
    $1,500-$1,999 285 13.8
    $2,000-$2,499 185 8.9
    $2,500-$2,999 252 12.2
    Others 1004 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2101 46.7
    Not in the labour force 1197 26.6
    Employed, worked part-time 918 20.4
    Employed, away from work 178 4.0
    Unemployed, looking for work 107 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 488 15.3
    Professionals 906 28.4
    Technicians & trades workers 386 12.1
    Community & personal service workers 311 9.7
    Clerical & administrative workers 454 14.2
    Others 649 20.3
    Occupation
    Census Count Percent(%)
    Pre-school 129 10.2
    Infants/Primary 419 33.2
    Secondary 273 21.6
    Technical or Further Educational Institution 146 11.6
    University or other Tertiary Institutions 242 19.2
    Others 52 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2656 49.6
    Separate house 2537 47.4
    Semi-detached, row or terrace house, townhouse 143 2.7
    House or flat attached to a shop, office 16 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 816 36.7
    Rented 815 36.6
    Fully owned 579 26.0
    Other tenure type 15 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals