Property value increases in Manly have tracked just higher than the QLD average of 12.16% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Manly has increased when compared to the 5 year average annual rate.
Manly4179 is located in QLD which offers an average discount of -4.90% to property investors. Manly itself is showing figures that indicate -4.25% is the average achievable by property buyers investing in the suburb.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.93%, without taking into account capital value appreciation, which has been averaging out at 5.74%.
While Manly,4179 ranked number 269th in QLD for increase in median house value (annualised) increase, it is ranked 93th over the last 5 years.
Manly is 319th on a list of best yielding suburbs for rents in QLD with a 4.44% return