NSW has seen average median house prices change by 10.96% which means that Manly, 2095 has done well for property investors by showing a capital gain of 8.47% over the last year
Over the longer term, Manly has seen property prices show investors a 58.42% return over the last 3 years. This is worse than over the last 12 months
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, 2095. Typically our figures indicate that -7.53% is being offered, which puts this NSW suburb at 787th most discounted overall in Australia.
In the last year 64 properties changed hands in Manly, which puts it as the 501th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $1450 and the average annual increase in value of a median property of 9.24%, investors should hope to achieve an overall return of 2.36%
Investment property in Manly has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.75%
Manly,2095 has offered an average of 18.75% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Manly 2095 should be seeing an average reduction in asking price of around -4.98% . This means that Manly is holding prices well when compared to other suburbs in NSW.
Situated 10.05km from the CBD, Manly is one of Manly localities in the postcode 2095.