Suburb Profile Report for Manly West QLD (4179)

Manly West House: Median price $596,250, Annual capital growth 3.01%, Number of sales 148, Weekly median advertised rent $540

Manly West Unit: Median price $395,000, Annual capital growth 0.26%, Number of sales 42, Weekly median advertised rent $425

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Manly West, 4179 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.60%.

When looking at the potential capital gains offered to property investors over the last 3 years, Manly West comes in at number 515th in QLD.

Sellers are offering property buyers an average discount of -4.95% to buyers in Manly West at the moment, which is less than average for the rest of QLD.

Often selling an investment property can take time, and in Manly West the average time real estate has been on the market is 61.8952 days.

Manly West is 426th on a list of best yielding suburbs for rents in QLD with a 4.71% return

Investment property in Manly West has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.60%

A 12.22% growth in median value for property investors in Manly West,4179 puts this suburb at number 129th in terms of best performing suburbs in QLD

The most recent median price for Manly West is $395000, with sellers offering an average of -4.35% off the asking price.

Manly West, 4179’s gross rental yield is 5.59%

Metrics i HOUSE UNIT
$596,250 $395,000
-0.62% 0.00%
-4.60% 2.60%
3.01% 0.26%
$540 $425
148 42
4.71% 5.59%
61.8951612903226 79.7631578947368

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 11194
Median household income ($/weekly) 1458
Median age of persons 38
Median housing loan repayment ($/monthly) 2058
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1602 14.3
    25-34 years 1288 11.5
    35-44 years 1799 16.1
    45-54 years 1566 14.0
    55-64 years 1135 10.1
    Others 3804 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 4340 52.5
    Not Married 3117 37.7
    Defacto Relationship 804 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 8745 81.2
    Papua New Guinea 536 5.0
    South Africa 96 0.9
    United Kingdom 664 6.2
    Other 237 2.2
    Others 490 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 108 1.0
    Christianity 7957 76.0
    Islam 50 0.5
    Other Religious Groups 39 0.4
    No Religion 2281 21.8
    Others 28 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 341 9.2
    $600-$799 300 8.1
    $1,500-$1,999 501 13.5
    $2,000-$2,499 440 11.8
    $2,500-$2,999 377 10.1
    Others 1756 47.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3624 42.6
    Not in the labour force 2732 32.1
    Employed, worked part-time 1623 19.1
    Employed, away from work 283 3.3
    Unemployed, looking for work 253 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 690 12.5
    Professionals 1150 20.8
    Technicians & trades workers 790 14.3
    Clerical & administrative workers 971 17.6
    Sales 542 9.8
    Others 1388 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 162 6.2
    Infants/Primary 1105 42.4
    Secondary 689 26.4
    Technical or Further Educational Institution 219 8.4
    University or other Tertiary Institutions 377 14.5
    Others 55 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9400 87.5
    Semi-detached, row or terrace house, townhouse 1117 10.4
    Flat, unit or apartment 225 2.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1542 38.7
    Fully owned 1322 33.2
    Rented 989 24.8
    Other tenure type 130 3.3
    Tenure Type
Census 2011, ABS
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