AREA REPORTS

Manning

Suburb Profile

Manning - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6152

house

MANNING, 6152 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $780,000.

Profits due to an downward trend in home prices in the suburb averaged -2.75% per annum over a 3-year period.

MANNING now ranks at the 313th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in MANNING are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $420 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MANNING, homes and units usually stay on listing for an average of 70.3 days.

In 2016, 61 properties were sold in MANNING during the past year, making it the 89th most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $780,000 N/A
GROWTH REPORT
Median Quarterly -3.7% N/A
Median 12 month 2.3% N/A
Median 3 years -8.24% N/A
Median 5 years 2.09% N/A
10 years average annual 2.3% N/A
Weekly media advert. rent $420 N/A
Time on Market 70.3 days N/A
Gross Rental Yield Percent 2.8% N/A
demographics (median values)
Total Population
3951
Weekly Household Income
1086
Household Size
2.50
demographics
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