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Manoora, QLD 4870

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Manoora, QLD 4870 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Manoora, QLD 4870”

  1. The total adult population (15 years or older) of Manoora 4870 QLD is 4,928, with a median age of 36. Of those, 24.09% are married, 17.59% are divorced or separated, 53.39% are single and 4.91% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,352. The median monthly mortgage repayment for households in this suburb is $1,100 which is 20.55% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Manoora, 4870, situated in Queensland is home to an estimated total of 3,287 households. As we approach the third quarter of 2023, housing prices in Manoora average at around $418,299, with a median weekly rent estimated to be around $451. These figures yield a solid indicative yield of approximately 5.61%, presenting potential investment opportunities for those focusing on cashflow.

    Contrary to the solid yield, socio-economic factors are slightly lower in the scale, with the IRSAD score for Manoora – serving as an indication of economic resource accessibility as well as professional skill levels – sitting at 841 out of a possible 1217. These figures suggest moderate resources and intricacies of the suburban community.

    Investors should consider market dynamics as Manoora presents a renter to owner’s ratio of 59%. This depicts a high renter presence, which can affect the long-term returns and potentially increase risks and competition among property investors.

    In line with the renter’s ratio, analysis reveals a high units to houses ratio of 66% in the suburb, indicating a rental market oversaturation. This oversaturation can stir competition among landlords for tenants, potentially impacting rental yields longevity and stability.

    In terms of housing affordability, Manoora’s index sits at 31 years. This factor signifies a slightly decreased affordability in the housing market, as this exceeds the standard 30-year mortgage assumption.

    Supply indicators present a relatively balanced scenario for the suburb. The stock on market Percentage for houses is currently at 0.4% and the suburb holds an inventory level of 0.84 months, both favourable to investors suggesting a low supply market. Further, the building approvals Ratio for houses rest at a favorably low 0.4%, indicating a limited increase in future supply.

    In terms of demand, houses remain an average of 35 days on the market before being purchased, implying a high demand scenario. The suburb’s vacancy rate, accounting for both units and houses, stands at a very low 0.46% indicating high demand and fewer properties available for rent. However, the buy search index for houses in Manoora, while not strongly unfavourable, somewhat limits the demand with a value of 3.

    It’s always crucial to understand that some market statistics can sit in unfavourable ranges without significantly impacting the overall attractiveness if offset by favourable values in other key metrics. Moreover, considering trends is essential as they can provide better insights into the market’s future direction. One must also be aware that HtAG Analytics’ Relative Composite Score (RCS) can simplify this research process by using over 80 metrics to analyse and predict the market performance.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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