Manly QLD Property Investment

THE MARKET

Manly recorded 4.6% annual price growth over the past 5 years — a $1,700,000 house bought in 2019 would be worth approximately $1,357,658 today. Properties are sitting on the market for 22 days (sellers have the leverage).

- **Median house:** $1,700,000 | **Units:** $383,228 - **Gross yield:** 2.4% | **Net yield:** 0.9% - **Vacancy:** 2.4% (improving) | **Rental demand:** High - **5yr price growth:** 4.6%/yr | **3yr forecast:** 5.2%/yr - **Days on market:** 22 (improving)

STR potential: $185/night at 70% occupancy = ~$47,268/yr gross. That's a **17% premium** over long-term rent — but factor in higher management costs and council rules.

BULL CASE

If Manly maintains 3%+ annual growth and vacancy stays below 1.7%, median prices could reach $1,955,000 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Manly pull back 10-15% from $1,700,000, with vacancy rising to 4.3% and rental yields softening as tenants gain leverage.

WHAT TO DO

Manly offers balanced fundamentals but does not present an urgent buying signal. The market is in a growth phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.

- Entry range: $1,530,000 – $1,870,000 - Minimum yield to target: 4.5% - Watch signal: vacancy dropping below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.