Manoora has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.87% to date .
While Manoora,4870 ranked number 67th in QLD for increase in median house value (annualised) increase, it is ranked 344th over the last 5 years.
The most recent median price for Manoora is $315000, with sellers offering an average of -7.96% off the asking price.
At number 1976 in a list of fastest selling suburbs, Manoora is just in the bottom half of suburbs in Australia with an average of days on market 80.0667 for properties listed there.
With the median price for a house in Manoora being $315000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 6.11%
Manoora is in the bottom 30% in QLD when comparing median price capital growth over the last year. Manoora gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.11%.
If we look at median property appreciation over just the last three months, Manoora has given property investors a paper return of 0.64%. This puts Suburb as 114 on a list of fastest fasting appreciating suburbs in QLD
Vendor discounting in Manoora is giving property investors an average Vendor Discount of around -7.92%. This puts suburb at number 40th in QLD when ranking the most discounted suburbs.
In the last year 91 properties changed hands in Manoora, which puts it as the 58th most active market in QLD when comparing the number of sales per suburb.
Situated 1392.12km from the CBD, Manoora is one of Cairns (R) localities in the postcode 4870.