Manar is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). It is home to about 112 residents, with an established demographic and a median age of 39. Households earn a median income of $103K per year, with an average household size of 2.5 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, labourers. Employment in the area leans toward professional services and agriculture. The top ancestries reported are Australian, English, Scottish.
Median house prices in Manar stand at $2.6 million, having risen steeply by 140.9% over the last twelve months. The current median weekly rent is $470. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $2,659.
Public transport access includes 9 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 0.9%, which reads as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 25.8x is considered stretched. House prices have moved +140.9% year-on-year.