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Manly Vale Suburb Insights
VICLocation Information
Suburb Name
Manly Vale, VIC
Distance from CBD
16.3 kmDemographics
Population
6,160
Median Income
$48,620
Area Information
Area
1.91 km²
Population Density
3225 people/km²
Property Market
Median Price
$465,871
Annual Growth
+18.7%Property Price Trend Analysis
Current Median Price
$465,871
Annual Growth
+18.7%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$574,982
+6%2024-02
$918,831
+5.9%2024-03
$440,470
+7.2%2024-04
$672,567
+12.6%2024-05
$415,446
+7.5%2024-06
$648,118
+11.7%Property Type Price Analysis
House
Median Price
$1,332,441
Growth Rate
+10.8%Available Listings
229 properties
Apartment
Median Price
$408,390
Growth Rate
+17.6%Available Listings
870 properties
Townhouse
Median Price
$828,841
Growth Rate
+11%Available Listings
335 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy