The suburb’s capital gain of 31.26% for the past year is higher than average compared to its 71.18% growth within a five-year period.
Also in MANIFOLD HEIGHTS, the median home price is sitting at $727,500, and the average rent at $345, this suggests property owners could potentially earn a 2.47% increase in gross rental yield.
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 31.26%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.08% growth over a ten-year period. It ranks 3336th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||31.26%||9.86%|
|Median 3 years||47.27%||12.93%|
|Median 5 years||71.18%||11.43%|
|10 years average annual||10.08%||7.03%|
|Weekly media advert. rent||$345||$285|
|Time on Market||89.5 days||74.2 days|
|Gross Rental Yield Percent||2.47%||5.07%|