Question 1

Is North Manly a nice place to live?

Accepted Answer

North Manly is a quiet residential pocket tucked inland from Manly's beachfront, with tree-lined streets, single-storey homes, interwar cottages and pockets of low-rise apartments. Local life centres on small shops, cafés and sporting fields, while larger retail and leisure options are close by in Brookvale and Manly village. Regular buses link residents to the Manly ferry and the city, and there is easy access to beaches, headland walks and foreshore reserves for an outdoors-oriented lifestyle.

With a population of 3,396 and a median age of 40, the suburb is weighted towards couple families with children, who make up 59.3% of families, and around four in five homes are owner-occupied. The District Park precinct is being upgraded, including redevelopment of the Warringah Recreation Centre, a new Centre of Excellence on the former bowling club site and a new clubhouse for Warringah Golf Club. That combination of established housing, local shops and active-investment in park and sporting facilities helps define day-to-day life in North Manly.

Question 2

Is it expensive to live in North Manly?

Accepted Answer

North Manly's housing costs look uneven against local incomes recorded at the last Census. The median house price of $3,005,000 works out to about 18.2 times a typical local annual household income at the last Census. On the rental side, $1,595 a week for a house would take roughly 50.3% of a typical local household's weekly income, a large share, while $650 a week for a unit would take about 20.5%, a moderate share. On these figures, buying sits well above what people locally earned at the last Census, renting a house would take a large share of those incomes and renting a unit looks more manageable; whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is North Manly a good place to invest?

Accepted Answer

The clearest picture in North Manly is on the house side: median house values rose 14.0% over the past 12 months and house rents increased 10.0% in the same period, so both the price and the rent for houses moved strongly this year. For someone weighing North Manly as an investment, those two figures point to capital growth and higher rental income on houses over the last year.

Unit rents moved differently, falling 9.1% over the year, so rental income for units has trended down while houses have risen. Whether that mix of movements suits you will depend on whether you prioritise capital growth or rental income and on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$3M	N/A
Change in value Past 12 months	14.0%	N/A
Sold Past 3 months	10	3
Median days on market Past 12 months	44	N/A
Average rent Past 12 months	$1595	$650
Change in rent Past 12 months	10.0%	-9.1%

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