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Manifold Heights
AREA REPORTS

Manifold Heights

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

house
unit
MANIFOLD HEIGHTS ranks 599th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 8.45% for the past year is lower than average compared to its 49.11% growth within a five-year period.

Also in MANIFOLD HEIGHTS, the median home price is sitting at $924,500, and the average rent at $440, this suggests property owners could potentially earn a 2.47% increase in gross rental yield.

Property investors have seen a 5.66% gain in MANIFOLD HEIGHTS based on an increase 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 7.85% growth over a ten-year period. It ranks 975th on our list of suburbs that property investors should look into.

Data report can be found below

Manifold Heights
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $924,500 $515,000
GROWTH REPORT
Median Quarterly 5.66% 3.62%
Median 12 month 8.45% 11.71%
Median 3 years 18.53% 49.06%
Median 5 years 49.11% 90.04%
10 years average annual 7.85% 8.35%
Weekly media advert. rent $440 $320
Time on Market 62.3 days 23.5 days
Gross Rental Yield Percent 2.47% 3.23%
demographics (median values)*
Total Population
13437
Weekly Household Income
1286
Household Size
2.20
Age
37
Monthly Loan Repayment
1555
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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