Based on its average 5-year and quarterly capital gains NORTH MANLY, 2100 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 NORTH MANLY, 2100 obtained a 8.67% growth over a ten-year period. It ranks 335th on our list of suburbs that property investors should look into.
NORTH MANLY, 2100 in NSW belongs to the local government area of Warringah.
NORTH MANLY, 2100 has a capital gain of 24.92% for the past year, which is higher than average compared to its 96.61% growth within a five-year period.
With the median home price in NORTH MANLY sitting at $1,887,500, and the average rent at $1000, property owners could potentially earn a 2.75% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in NORTH MANLY are low, as opposed to average gains per annum over the past five years.
Property investors enjoyed capital gains of 1.19% over the last 12 months in NORTH MANLY, translating to lower returns compared with its peers in NSW.
NORTH MANLY, 2100 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $850,000.
Profits due to an upward trend in home prices in NORTH MANLY, 2100 averaged 14.73% per annum over a 3-year period.
Home owners selling their properties and realtors in NORTH MANLY usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $600 mark, reflecting a 3.67% increase in returns based on the current median price in NORTH MANLY.
NORTH MANLY, 2100 places 503rd in Australia based on median property value growth during the quarter.