Manoora is in the bottom 40% 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 -0.46%.
Over the longer term, Manoora has seen property prices show investors a 4.35% return over the last 3 years. This is worse than over the last 12 months
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.44% offered to property buyers. Sellers in Manoora itself are offering an average vendor discount of -6.23% to real estate investors.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 1.20%, investors should hope to achieve an overall return of 5.63%
With a capital gain of 0.00% for the last 12 months, Manoora, 4870 has performed for property investments than its average annual -2.53% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Manoora,4870 has racked up an average of 0.00% over the period. This ranks it number 1295th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Manoora itself are offering an average vendor discount of -6.75% to real estate investors.
In the last year 95 properties changed hands in Manoora, which puts it as the 61th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Manoora, 4870 is in the Cairns (R) local government area.