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Manilla suburb profile

Manilla is a charming rural town located in the New England region of New South Wales, approximately 45km northwest of Tamworth. Known for its picturesque landscapes and outdoor recreational opportunities, Manilla is a popular destination for paragliding and hang gliding enthusiasts, thanks to its ideal weather conditions and scenic views. The town offers a welcoming community atmosphere, with a range of local amenities including shops, cafes, and schools. Manilla's rich agricultural heritage and proximity to the Namoi River contribute to its appeal as a peaceful and scenic place to live or visit, offering a relaxed country lifestyle.

Manilla property market performance

Manilla’s property market has shown a rise in house values over the past 12 months, with a 6% increase bringing the median house price to $430,000. There have been no unit sales, reflecting a zero change in unit values. Over the past year, 16 houses have been sold, with a relatively short median market duration of 61 days.

The rental market for houses in Manilla has experienced a significant upswing, with average rents increasing by 13.8% over the last year, now averaging $478 per week. However, there is no rental data available for units.

HousesUnits
Median price
Past 3 months
$430KN/A
Change in value
Past 12 months
6.0%N/A
Sold
Past 3 months
16N/A
Median days on market
Past 12 months
61N/A
Average rent
Past 12 months
$478N/A
Change in rent
Past 12 months
13.8%N/A

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Manilla demographics

Manilla, located in the New England region of New South Wales, is a charming rural town known for its picturesque landscapes and close-knit community. With a population of 2,386, Manilla offers a peaceful lifestyle away from the hustle and bustle of larger cities. The median age of 48 indicates a mature population, with many residents enjoying the tranquility and slower pace of life that the town provides.

The town's housing market reflects a strong sense of stability, with 45.1% of properties owned outright, suggesting a community of long-term residents who have settled in for the long haul. Additionally, 27.6% of homes are owned with a mortgage, while 27.3% are rented, offering a balanced mix of ownership and rental opportunities. This balance caters to both established families and newcomers seeking to experience the rural lifestyle.

Family dynamics in Manilla are diverse, with 28.9% of families being couples with children and 39.5% being couples without children. One-parent families make up 28.4% of the community, highlighting the town's inclusive nature and support for various family structures. The median total household income of $994 per week reflects the town's modest economic environment, which is typical of rural areas where the cost of living is generally lower than in urban centers.

Manilla infrastructure, key developments and investment opportunities

Manilla has seen a notable health infrastructure improvement with the completed Manilla Multipurpose Service, which has strengthened local access to medical care and may support buyer confidence in the town. This kind of upgrade can improve liveability for residents and make the area more attractive to downsizers and families seeking essential services close to home.

Beyond that, there are no other major local redevelopments, transport upgrades, or planning changes identified in the available results that would materially alter the property outlook at present. Manilla’s appeal continues to be supported by its role as a regional service centre and its proximity to rivers, outdoor recreation, and agricultural employment. These factors help underpin steady local demand, particularly for buyers looking for lifestyle and affordability.

Manilla rental market trends

The rental market in Manilla has experienced notable growth, with house rents rising 13.8% over the past year to $478 per week. However, unit rents have remained static at $0 per week, indicating a potential lack of unit availability. Manilla's growth in house rentals suggests increasing demand in this regional area, offering opportunities for future development.

Suburbs near Manilla

Some popular suburbs near Manilla include:

Common questions about Manilla

  • Is Manilla a nice place to live?

    Manilla is a delightful rural town that offers a peaceful and scenic lifestyle, making it a wonderful place to live. Nestled in the New England region, it boasts a charming community atmosphere and is surrounded by picturesque landscapes that provide a serene backdrop for daily life. The town is known for its strong sense of community, where families can enjoy a relaxed pace of life and a welcoming environment. With local amenities such as shops, cafes, and schools, Manilla provides the essentials for comfortable living while maintaining its rural charm.

    For families, Manilla offers a supportive environment with a variety of family structures embraced within the community. The town's proximity to the Namoi River and its reputation for outdoor recreational activities, such as paragliding and hang gliding, make it an attractive location for those who love nature and adventure. Safety is generally not a concern, and the town's rural setting contributes to a sense of security and tranquility.

    However, living in Manilla does come with some trade-offs. While it provides a peaceful lifestyle away from the hustle and bustle of larger cities, it may lack the extensive entertainment options and nightlife found in urban areas. Additionally, the town's modest economic environment reflects the typical rural setting, which might not appeal to those seeking a fast-paced lifestyle. Despite these trade-offs, Manilla remains an appealing choice for those looking for a balance of affordability, community spirit, and access to outdoor activities.

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  • Is it expensive to live in Manilla?

    Living in Manilla, a rural town in New South Wales, is relatively affordable compared to many urban areas. The current median house price is $430,000, which is significantly lower than the prices found in larger cities. There are no units available, so the focus is primarily on houses. For those considering renting, the average rent for houses is approximately $478 per week, which is quite reasonable.

    When comparing the local income data, the median total household income in Manilla is $994 per week. This is lower than the New South Wales state average wage, which is about $95,000 annually, translating to roughly $1,827 per week. This suggests that while the cost of living, particularly in terms of housing, is lower in Manilla, the income levels are also below the state average. Therefore, if you are thinking of living in Manilla, you may find it more affordable than other parts of the state, especially if you are coming from a higher-income area. However, it's important to consider the local income levels when planning your budget.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Manilla a good place to invest?

    Manilla presents an interesting opportunity for property investors, especially those looking for steady growth and strong rental returns. Over the past year, the suburb has seen a 6.0% increase in median house values, indicating a healthy appreciation in property prices. This growth, combined with a significant 13.8% rise in house rents, suggests a strong demand for rental properties, making it an attractive option for investors seeking reliable rental income.

    While the unit market in Manilla has remained stable with no change in median values or rents, this stability can be appealing to investors who prefer a low-risk environment. The lack of volatility in the unit market might not offer rapid gains, but it does provide a consistent and predictable investment landscape.

    Overall, Manilla's combination of rising house values and rental yields, along with the stability in the unit market, makes it a promising suburb for investors looking for a balanced investment portfolio. The suburb's potential for steady growth and strong rental demand positions it as a solid choice for those aiming to build long-term wealth through property investment.

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