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%