4 Key Takeaways From The Treasurer
Property appears to be front and centre of the federal government’s economic agenda, so what can investors expect fro...
Property investors enjoyed capital gains of 37.66% over the last 12 months in MANLY VALE, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 11.73% growth over a ten-year period. It ranks 3626th on our list of suburbs that property investors should look into.
MANLY VALE, 2093 has a capital gain of 37.66% for the past year, which is higher than average compared to its 70.97% growth within a five-year period.
With the median home price in MANLY VALE sitting at $2,650,000, and the average rent at $945, property owners could potentially earn a 1.85% increase in gross rental yield.
A 37.66% increase in median property prices in MANLY VALE, 2093 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 83rd.
Figures from the previous quarter show that capital gains for real estate buyers in MANLY VALE are low, as opposed to average gains per annum over the past five years.
MANLY VALE, 2093 in NSW belongs to the local government area of Northern Beaches (A).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||37.66%||13.02%|
|Median 3 years||45.21%||6.91%|
|Median 5 years||70.97%||28.06%|
|10 years average annual||11.73%||7.01%|
|Weekly media advert. rent||$945||$562.5|
|Time on Market||0.0 days||25.0 days|
|Gross Rental Yield Percent||1.85%||3.29%|