Manly
Real estate profile
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Location
17 km east of Brisbane CBD.
Features
Wynnum/Manly Yacht Club, Bayside lifestyle, Manly rail station, close to Wynnum Hospital.
Median Price
REIQ research shows that the median house price in the suburb for the calendar year 2006 was $437,500.
Median Weekly Rent
The median weekly rent paid for a 3-bedroom house in this area in the June 2007 quarter was $330. The median weekly rent paid for a 2-bedroom unit in this area for the same period was $250.
Profile
Manly continues to appeal to a variety of residents, due to its bayside location.
The suburb is located about 17km from the Brisbane CBD. It is serviced by train and the journey to the Brisbane CBD will take approximately 35 minutes. Distance by car to the CBD is about 20-25 minutes along Wynnum Road – longer in peak hour.
A wide cross section of couples and families are being attracted by the extensive redevelopment around the waterfront precinct and the inspired street scaping around the Wynnum and Manly areas.
With very little land left in close proximity to the waterfront, homebuyers wanting the bayside lifestyle are renovating older homes and cottages - contributing to median price growth.
The Wynnum/Manly area is well serviced by commercial and retail precincts, which continue to thrive as the area gains in popularity.
The suburb has access to all the major supermarket and retail chains; there is also Manly Harbour Shopping Village and street shopping available. In neighbouring suburbs, Capalaba Shopping Centre and Carindale are within 10-15 minutes.
The Wynnum Hospital is located in Whites Road, Wynnum. There are plenty of public and private schools (6 primary, 2 secondary, 6 kindergartens) in the area and the closest TAFE is at Alexandra Hills approximately 10 minutes away from Wynnum. There is also a School of the Arts and municipal hall acting as the hub of local activities.
Attracting homebuyers and visitors eager to make the most of the ‘outdoor lifestyle’, Manly has plenty of bike and walk ways, a community swimming pool and a seawater wading pool. In the summer, residents and visitors have access to outdoor activities such as canoeing, rollerblading, and biking (all available for hire).
With immediate access to Moreton Bay, Manly is a boat owner’s dream with easy access to the Manly Boat Harbour and the coastguard. The area’s yacht club attracts interest from people all over the region.
According to the 2006 Census there were 3,815 people living in the suburb with a median age of 44. The median individual income was $522 per week. Of all occupied private dwellings 59.2% were either fully owned or being purchased; 28.5% were being rented.
Source: REIQ
REIQ Copyright 2007. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy division of the The Real Estate Institute of Qld Ph 3249 7300.
This information has been carefully compiled by the REIQ and is not intended to be treated as a warranty or promise as to the correctness of the information.



