Over the last year, property investments in Manly, 2095 have given investors a capital gain of -16.18%. This compares very badly with the -4.21% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Manly comes in at number 805th in NSW.
A $1500 per week rent on the median house gives suburb investors a gross yield of circa 2.74%, without taking into account capital value appreciation, which has been averaging out at 9.34%.
Over the last year, property investments in Manly, 2095 have given investors a capital gain of -8.76%. This compares badly with the -4.02% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Manly,2095 has racked up an average of -8.76% over the period. This ranks it number 477th in the whole country for real estate investors looking at median house price increases.
Manly2095 is located in NSW which offers an average discount of -6.83% to property investors. Manly itself is showing figures that indicate -4.73% is the average achievable by property buyers investing in the suburb.
In the last year 229 properties changed hands in Manly, which puts it as the 19th most active market in NSW when comparing the number of sales per suburb.
Situated 10.61km from the CBD, Manly is one of Northern Beaches (A) localities in the postcode 2095.