Manar is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 112, the suburb has an established demographic with a median age of 39. Households earn a median income of $103K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Manar is $1.7 million, having surged 392.9% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 1.6%. 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 2,796 incidents per 100,000 population.
From an investment perspective, Manar offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 16.8x is considered stretched. House prices have moved +392.9% year-on-year.
Manar is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 112, the suburb has an established demographic with a median age of 39. Households earn a median income of $103K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Manar is $1.7 million, having surged 392.9% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 1.6%. 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 2,796 incidents per 100,000 population.
From an investment perspective, Manar offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 16.8x is considered stretched. House prices have moved +392.9% year-on-year.