Manly is an eastern bayside suburb in the City of Brisbane, Queensland that has been evolving and gentrifying and has become one of the more modern and flourishing residential precincts on Brisbane’s bayside.
The affordable prices relative to equivalent locations in Sydney and Melbourne has seen strong demand from both buyers and tenants.
The size of Manly is approximately 1.7 square kilometres and has 6 parks covering nearly 5.5% of total area. The population of Manly in 2011 was 3,701 people and by 2016 the population was 4,057 showing a population growth of 9.6% in the area during that time. The predominant age group in Manly is 50-59 years. Households in Manly are primarily couples with children and are likely to be repaying $1800-$2399 per month on mortgage repayments.
In general, people in Manly work in a professional occupation. In 2011, 63.7% of the homes in Manly were owner-occupied compared with 67.2% in 2016. Currently the median sales price of houses in the area is $1,222,500.