Suburb Profile Report for Mannering Park NSW (2259)

Mannering Park House: Median price $480,000, Annual capital growth 7.41%, Number of sales 83, Weekly median advertised rent $388

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

Source: CoreLogic

  • House Report

With a capital gain of 14.29% for the last 12 months, Mannering Park, 2259 has performed for property investments than its average annual 7.41% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Mannering Park has given property investors a paper return of 7.38%. This puts Suburb as 100 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Mannering Park is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 331th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Mannering Park the average time real estate has been on the market is 75.47 days.

Using the current median advertised rental of $387.5 and the average annual increase in value of a median property of 7.41%, investors should hope to achieve an overall return of 4.20%

Metrics i HOUSE UNIT
$480,000 N/A
7.38% N/A
14.29% N/A
7.41% N/A
$388 N/A
83 N/A
4.20% N/A
75.47 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2398
Median household income ($/weekly) 892
Median age of persons 39
Median housing loan repayment ($/monthly) 1434
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 364 15.2
    25-34 years 251 10.5
    35-44 years 320 13.3
    45-54 years 335 14.0
    55-64 years 272 11.3
    Others 856 35.7
    Age Group
    Census Count Percent(%)
    Registered Married 762 43.9
    Not Married 750 43.2
    Defacto Relationship 224 12.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2073 91.2
    Greece 11 0.5
    Papua New Guinea 43 1.9
    United Kingdom 70 3.1
    Other 21 0.9
    Others 54 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1639 75.1
    No Religion 519 23.8
    Buddhism 17 0.8
    Judaism 3 0.1
    Other Religious Groups 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 137 17.6
    $600-$799 95 12.2
    $800-$999 82 10.5
    $1,000-$1,249 75 9.6
    $1,500-$1,999 88 11.3
    Others 301 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 741 41.8
    Employed, worked full-time 566 31.9
    Employed, worked part-time 299 16.9
    Employed, away from work 86 4.9
    Unemployed, looking for work 80 4.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 121 12.8
    Technicians & trades workers 176 18.6
    Clerical & administrative workers 114 12.0
    Sales 114 12.0
    Labourers 146 15.4
    Others 277 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 50 9.5
    Infants/Primary 231 43.7
    Secondary 164 31.0
    Technical or Further Educational Institution 39 7.4
    University or other Tertiary Institutions 28 5.3
    Others 17 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2189 96.6
    Semi-detached, row or terrace house, townhouse 40 1.8
    Flat, unit or apartment 20 0.9
    Caravan, cabin, houseboat 18 0.8
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 350 40.3
    Fully owned 289 33.3
    Rented 224 25.8
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals