MANIFOLD HEIGHTS ranks 334th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 6.93% for the past year is lower than average compared to its 61.65% growth within a five-year period.
Also in MANIFOLD HEIGHTS, the median home price is sitting at $687,000, and the average rent at $362.5, this suggests property owners could potentially earn a 2.74% increase in gross rental yield.
Property investors have seen a -3.92% drop in MANIFOLD HEIGHTS based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.76% growth over a ten-year period. It ranks 666th on our list of suburbs that property investors should look into.
MANIFOLD HEIGHTS, 3218 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $265,000.
Augmented property values in MANIFOLD HEIGHTS are trailing behind the VIC average of 7.89% for the past year.
Real estate investors could earn a rental income of $290 based on current median home prices for the suburb.
Home owners selling their properties and realtors in MANIFOLD HEIGHTS usually have to wait an average of 106.4 days days before their assets are lifted off the market.
MANIFOLD HEIGHTS ranks 26th on the list of best yielding suburbs for rental properties in VIC, posting a 5.69% return.
MANIFOLD HEIGHTS, 3218 places 362nd in Australia based on median property value growth during the quarter.