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Manifold Heights

POSTAL CODE: VIC, 3218
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MANIFOLD HEIGHTS ranks 496th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -20.16% for the past year is lower than average compared to its 18.01% growth within a five-year period.

Also in MANIFOLD HEIGHTS, the median home price is sitting at $1,006,000, and the average rent at $550, this suggests property owners could potentially earn a 2.84% increase in gross rental yield.

Property investors have seen a -1.61% 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 8.8% growth over a ten-year period. It ranks 629th on our list of suburbs that property investors should look into.

Surburb overview

Manifold Heights is an inner-western suburb of Geelong in Victoria, located approximately 2 kilometres from the Geelong central business district and about 75 kilometres south-west of Melbourne. The suburb lies within the City of Greater Geelong and is bordered by Geelong West, Herne Hill, and Newtown, forming part of a well-established residential area close to central Geelong.

According to recent census data, Manifold Heights has a relatively small population, with a demographic profile that includes families, professionals, and older residents, and a median age above the national average.

Housing in the suburb is characterised by detached dwellings, many of which are period homes dating from the early to mid-20th century, alongside renovated properties and some modern infill developments.

The suburb is known for its established streetscapes, with tree-lined streets and consistent residential character reflecting its historical development. Road connectivity is supported by local arterial routes, such as Shannon Avenue and Minerva Road, which provide access to the Geelong CBD and surrounding suburbs.

Public transport options include bus services that connect Manifold Heights to central Geelong and nearby areas, while Geelong railway station offers V/Line services to Melbourne and regional centres.

Local amenities are primarily accessed in neighbouring Geelong West, particularly along Pakington Street, which provides a range of retail, dining, and service options.

Educational facilities in the area include Manifold Heights Primary School, with additional primary and secondary schools located in surrounding suburbs, and access to tertiary institutions in central Geelong, including Deakin University.

Recreational opportunities include local parks and reserves, as well as proximity to the Geelong waterfront and Barwon River areas for outdoor activities.

Manifold Heights maintains a quiet residential environment while benefiting from its proximity to central Geelong and established infrastructure.

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