Suburb Profile Report for Manoora QLD (4870)

Manoora House: Median price $299,000, Annual capital growth 1.05%, Number of sales 37, Weekly median advertised rent $350

Manoora Unit: Median price $159,000, Annual capital growth -2.06%, Number of sales 83, Weekly median advertised rent $270

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

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

  • House Report
  • Unit Report

Investment property in Manoora has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -13.00%

When looking at the potential capital gains offered to property investors over the last 3 years, Manoora comes in at number 675th in QLD.

Property buyers and investors in Manoora 4870 should be seeing an average reduction in asking price of around -6.79% . This means that Manoora is holding prices well when compared to other suburbs in QLD.

In the last year 37 properties changed hands in Manoora, which puts it as the 528th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of 1.05%, investors should hope to achieve an overall return of 6.09%

Over the last year, property investments in Manoora, 4870 have given investors a capital gain of -4.24%. This compares badly with the 0.61% for QLD as a whole.

Taking the average capital gain, or increase in median house value, Manoora,4870 has racked up an average of -4.24% over the period. This ranks it number 1116th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Manoora is giving property investors an average Vendor Discount of around -6.83%. This puts suburb at number 68th in QLD when ranking the most discounted suburbs.

In the last year 83 properties changed hands in Manoora, which puts it as the 68th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $270 and the average annual increase in value of a median property of -2.06%, investors should hope to achieve an overall return of 8.83%

Metrics i HOUSE UNIT
$299,000 $159,000
-6.31% -0.63%
-13.00% -4.24%
1.05% -2.06%
$350 $270
37 83
5.98% 8.89%
71.67742 70.39344

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

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 5688
Median household income ($/weekly) 802
Median age of persons 32
Median housing loan repayment ($/monthly) 1387
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 803 14.1
    25-34 years 981 17.2
    35-44 years 854 15.0
    45-54 years 708 12.4
    55-64 years 545 9.6
    Others 1797 31.6
    Age Group
    Census Count Percent(%)
    Not Married 2375 62.4
    Registered Married 835 21.9
    Defacto Relationship 598 15.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3983 77.7
    Papua New Guinea 167 3.3
    Philippines 95 1.9
    United Kingdom 174 3.4
    Other 362 7.1
    Others 348 6.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 103 2.1
    Christianity 3306 69.0
    Hinduism 40 0.8
    Other Religious Groups 43 0.9
    No Religion 1288 26.9
    Others 14 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 245 12.1
    $400-$599 269 13.3
    $600-$799 301 14.9
    $800-$999 251 12.4
    $1,000-$1,249 237 11.7
    Others 722 35.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1465 37.0
    Employed, worked full-time 1410 35.6
    Employed, worked part-time 633 16.0
    Unemployed, looking for work 313 7.9
    Employed, away from work 142 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 295 13.5
    Technicians & trades workers 328 15.0
    Community & personal service workers 331 15.2
    Clerical & administrative workers 317 14.5
    Labourers 305 14.0
    Others 604 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 70 6.1
    Infants/Primary 444 38.7
    Secondary 282 24.6
    Technical or Further Educational Institution 148 12.9
    University or other Tertiary Institutions 156 13.6
    Others 47 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2522 48.4
    Flat, unit or apartment 2128 40.9
    Semi-detached, row or terrace house, townhouse 385 7.4
    Caravan, cabin, houseboat 168 3.2
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1406 63.4
    Being purchased 489 22.1
    Fully owned 315 14.2
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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