Manilla is a smaller suburb in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 2,386, the suburb has a mature demographic with a median age of 48. Households earn a median income of $52K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Manilla is $300,000, having dropped significantly 26.8% over the past year. Units have a median price of $200,000 (-44% YoY). The current median weekly rent is $375. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $1,083.
Manilla is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 902, which is below the national average of 1,000. Public transport access includes 72 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Manilla offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($300K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved -26.8% year-on-year.
Manilla is a smaller suburb in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 2,386, the suburb has a mature demographic with a median age of 48. Households earn a median income of $52K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Manilla is $300,000, having dropped significantly 26.8% over the past year. Units have a median price of $200,000 (-44% YoY). The current median weekly rent is $375. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $1,083.
Manilla is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 902, which is below the national average of 1,000. Public transport access includes 72 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Manilla offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($300K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved -26.8% year-on-year.