Thinking about buying in Manningham? Now could not be a better time, with just 271 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $3,044,000 with prices in this suburb ranging from $674,000 to $9,414,000. The aproximate distance to the coast is 24 Km.
Median Weekly Rent | $556.75 |
Median Monthly Mortgage | $2422.63 |
Median Persons Per Bedroom | 0.79 |
Average Household Size | 3.00 |
Average Age | 45.00 |
Average Income | $962.75 |
Average Cars Per Dwelling | 2.66 |
Average Properties Within 50M | 3 |
1 Bed  $3,270,000 |
2 Bed  $1,026,000 |
3 Bed  $2,324,000 |
4 Bed  $2,800,000 |
5 Bed  $3,402,000 |
6 Bed+$4,748,000 |
In Manningham there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Manningham ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Manningham provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Manningham necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Manningham we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Manningham a better buying opportunity than it may have been in the past.
115-119 HALL RD, WARRANDYTE SOUTH, VIC, 3134 | 0 | 0 | 0 | 2100000 |
Warranwood Primary School
Melbourne Rudolf Steiner School
St Anne's School
Yarra Road Primary School
Park Orchards Primary School
Croydon Hills Primary School
Yarra Valley Grammar
Holy Spirit School
(While the above schools are located with the suburb of Manningham there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.9 | 13.9 | 27.5 | 38.2 | 89.7 | 2.7 | 25.0 |
Feb | 2.3 | 14.2 | 27.6 | 39.8 | 90.0 | 2.4 | 21.0 |
Mar | 1.6 | 12.7 | 24.6 | 44.4 | 90.7 | 2.2 | 15.4 |
Apr | 2.7 | 10.0 | 20.7 | 48.4 | 93.0 | 1.9 | 11.1 |
May | 2.3 | 8.0 | 16.8 | 56.1 | 92.3 | 2.1 | 8.2 |
Jun | 2.2 | 5.7 | 14.0 | 61.3 | 94.8 | 1.9 | 7.3 |
Jul | 2.0 | 6.5 | 13.8 | 59.1 | 91.3 | 2.5 | 7.2 |
Aug | 2.4 | 6.5 | 14.6 | 52.6 | 89.9 | 2.8 | 9.7 |
Sept | 2.5 | 7.9 | 17.7 | 47.2 | 89.9 | 2.8 | 14.1 |
Oct | 2.2 | 8.9 | 20.5 | 46.2 | 91.2 | 2.6 | 19.7 |
Nov | 3.0 | 10.9 | 22.8 | 45.3 | 93.3 | 2.5 | 22.0 |
Dec | 3.4 | 12.2 | 24.9 | 42.2 | 91.3 | 2.7 | 26.2 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!