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2 MIN READ‘Nearology’ Factor Pushing Double-digit Growth In These WA Suburbs
Robust activity in Western Australia’s popular suburbs has caused property prices to skyrocket, yet buyers are still w...
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ManlyManly - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains MANLY, 2095 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MANLY, 2095 obtained a 13.74% growth over a ten-year period. It ranks 3571st on our list of suburbs that property investors should look into.
MANLY, 2095 in NSW belongs to the local government area of Northern Beaches (A).
MANLY, 2095 has a capital gain of 50.67% for the past year, which is higher than average compared to its 63.91% growth within a five-year period.
With the median home price in MANLY sitting at $4,467,500, and the average rent at $1400, property owners could potentially earn a 1.63% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MANLY are high, as opposed to average gains per annum over the past five years.
A 50.67% increase in median property prices in MANLY, 2095 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 26th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $4,467,500 | $1,717,500 |
| GROWTH REPORT | ||
| Median Quarterly | 16.34% | 3.9% |
| Median 12 month | 50.67% | 14.5% |
| Median 3 years | 34.97% | 22.46% |
| Median 5 years | 63.91% | 53.35% |
| 10 years average annual | 13.74% | 9.75% |
| Weekly media advert. rent | $1400 | $750 |
| Time on Market | 64.5 days | 54.5 days |
| Gross Rental Yield Percent | 1.63% | 2.27% |
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