AREA REPORTS

Manifold Heights

 

 

VIC/
Manifold heights

Suburb Profile

Manifold Heights - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3218

house
unit
MANIFOLD HEIGHTS ranks 43rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 11.43% for the past year is higher than average compared to its 47.17% growth within a five-year period.

Also in MANIFOLD HEIGHTS, the median home price is sitting at $780,000, and the average rent at $360, this suggests property owners could potentially earn a 2.4% increase in gross rental yield.

Property investors have seen a 8.33% gain in MANIFOLD HEIGHTS based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on MANIFOLD HEIGHTS, 3218 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.43%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.36% growth over a ten-year period. It ranks 355th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $780,000 $331,000
GROWTH REPORT
Median Quarterly 8.33% -4.61%
Median 12 month 11.43% 4.42%
Median 3 years 64.21% 1.53%
Median 5 years 47.17% 20.36%
10 years average annual 8.36% 4.98%
Weekly media advert. rent $360 $300
Time on Market 38.2 days 46.2 days
Gross Rental Yield Percent 2.4% 4.71%
demographics (median values)
Total Population
2551
Weekly Household Income
942.6
Household Size
2.40
demographics
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