Manly has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.67% to date .
Across a shorter period, Manly, 4179 has seen a median price increase of -3.14% over the last quarter.
Manly4179 is located in QLD which offers an average discount of -6.78% to property investors. Manly itself is showing figures that indicate -5.42% is the average achievable by property buyers investing in the suburb.
With a capital gain of 16.67% for the last 12 months, Manly, 4179 has performed for property investments than its average annual 2.71% property growth over the last 5 years.
Comparing Manly,4179 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Manly should be aiming for at least -4.91% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Manly have been waiting around 87.72 days to sell a property.
Situated 11.29km from the CBD, Manly is one of Brisbane localities in the postcode 4179.