Suburb Profile Report for Manly NSW (2095)

Manly House: Median price $2,925,000, Annual capital growth 8.77%, Number of sales 72, Weekly median advertised rent $1,545

Manly Unit: Median price $1,300,000, Annual capital growth 8.28%, Number of sales 299, Weekly median advertised rent $750

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Manly has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.44%

Over the longer term, Manly has seen property prices show investors a -2.09% return over the last 3 years. This is worse than over the last 12 months

At number 348 in a list of fastest selling suburbs, Manly is in the TOP 10% of suburbs in Australia with an average of days on market 48 for properties listed there.

Manly is 1019th on a list of best yielding suburbs for rents in NSW with a 2.75% return

Manly, 2095 ranked 249th in NSW when comparing growth in median property values or capital gain over the last 12 months. Manly is one of 3163 in our list for NSW

A 44.44% growth in median value for property investors in Manly,2095 puts this suburb at number 115th in terms of best performing suburbs in NSW

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.01% offered to property buyers. Sellers in Manly itself are offering an average vendor discount of -5.16% to real estate investors.

Residents and property investors in Manly have been waiting around 52.2772 days to sell a property.

Using the current median advertised rental of $750 and the average annual increase in value of a median property of 8.28%, investors should hope to achieve an overall return of 3.00%

Metrics i HOUSE UNIT
$2,925,000 $1,300,000
0.00% 3.59%
-9.44% -1.89%
8.77% 8.28%
$1,545 $750
72 299
2.75% 3.00%
48 52.2772277227723

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 15072
Median household income ($/weekly) 2084
Median age of persons 35
Median housing loan repayment ($/monthly) 3000
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 4011 26.6
    35-44 years 2766 18.4
    45-54 years 1642 10.9
    55-64 years 1350 9.0
    65-74 years 1035 6.9
    Others 4269 28.3
    Age Group
    Census Count Percent(%)
    Not Married 4797 43.2
    Registered Married 4217 38.0
    Defacto Relationship 2090 18.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 7839 57.4
    Papua New Guinea 626 4.6
    United Kingdom 2136 15.6
    United States of America 309 2.3
    Other 1105 8.1
    Others 1636 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 268 2.1
    Christianity 7843 60.6
    Judaism 50 0.4
    Other Religious Groups 64 0.5
    No Religion 4643 35.9
    Others 80 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 629 11.1
    $2,000-$2,499 425 7.5
    $2,500-$2,999 1029 18.1
    $3,000-$3,499 453 8.0
    $4,000 or more 694 12.2
    Others 2448 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5963 50.6
    Not in the labour force 3027 25.7
    Employed, worked part-time 2029 17.2
    Employed, away from work 436 3.7
    Unemployed, looking for work 328 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1664 19.7
    Professionals 3366 39.9
    Community & personal service workers 644 7.6
    Clerical & administrative workers 988 11.7
    Sales 624 7.4
    Others 1144 13.6
    Occupation
    Census Count Percent(%)
    Pre-school 226 8.8
    Infants/Primary 652 25.4
    Secondary 430 16.7
    Technical or Further Educational Institution 325 12.7
    University or other Tertiary Institutions 764 29.8
    Others 171 6.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 8513 64.9
    Separate house 2777 21.2
    Semi-detached, row or terrace house, townhouse 1774 13.5
    House or flat attached to a shop, office 46 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3285 53.2
    Fully owned 1550 25.1
    Being purchased 1297 21.0
    Other tenure type 39 0.6
    Tenure Type
Census 2011, ABS
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