Manilla, NSW

OVERVALUED

2,584 sales · 36 years of data · NSW, Australia

$410,000
Median (All)
$410,000
Median (Houses)
$357,000
Median (Apartments)
7.4%
10yr CAGR
4.6%
36yr CAGR
1.2%
Strata %
36 years of data · 2,584 sales analysed · 2,500+ suburbs · Updated weekly

Manilla, NSW Property Market Overview

Manilla, NSW, postcode 2346, is a regional town with a well-established property market. Our analysis spans 36 years of data, encompassing 2,584 recorded sales, providing a comprehensive view of the area's real estate trends. The current median property price (all types) in Manilla is $410,000, with houses also at $410,000 and apartments at $357,000.

Manilla's property market showcases a blend of houses and units, with a small proportion of properties being apartments. The town offers a more affordable entry point compared to larger urban centres, appealing to a range of buyers. This long-term data set makes Manilla a suburb of interest for analysing long-term property market trends in regional New South Wales.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $1,020,970
Based on the 10-year compound annual growth rate of 7.4%
Predominantly houses1% apartments
99% of sales are houses and other non-strata properties
Loading chart...

Property Mix

99%
Houses 99%$410,000Apartments 1%$357,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Manilla

Street Rankings

Top streets in Manilla, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1South StHouse5$450,000
2Arthur StHouse11$330,000
3Strafford StHouse10$556,250
4Namoi StHouse5$335,000

... and 124 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1South StHouse5$445/m²
2Northbrook LaneHouse3$420/m²
3Carinya AveHouse4$413/m²
4Court StHouse7$373/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Carinya AveHouse+3.0%
2Rowan StHouse+12.3%
3Manilla StHouse+7.3%
4Kanangra RdHouse+7.5%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

4
apartment buildings analysed

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

40
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

1%
apartments across 4 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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128 streets and 4 buildings to explore

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3 street rankings
All 128 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
4 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,584 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Manilla at a Glance

Region
Regional NSW
CBD Distance
Approximately 450km north-west of Sydney CBD
Train Station
Nearest major station is Tamworth Station (CountryLink)
Council
Tamworth Regional Council
Property Character
Established residential with low-density housing
Community
Families and retirees seeking a rural lifestyle

Manilla, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Manilla, NSW

Manilla offers a relaxed, rural lifestyle, characteristic of regional New South Wales. The town is home to Manilla Central School, providing education from primary to secondary levels. Residents can enjoy local parks like the Manilla Riverside Park, offering recreational spaces along the Namoi River. Local shopping is centred around the main streets, providing essential services and amenities.

The community in Manilla is known for its friendly and welcoming atmosphere. The town hosts local events and festivals, fostering a strong sense of belonging. The pace of life in Manilla is generally slower than in larger cities, making it an appealing option for those seeking a quieter, more laid-back environment.


Who Buys in Manilla?

The buyer profile in Manilla typically includes families seeking affordable housing in a regional setting. First home buyers are also drawn to Manilla due to the relatively lower median property prices compared to metropolitan areas. The low strata percentage (1.2%) suggests that most buyers are looking for houses rather than apartments. The historical CAGR figures of 7.4% (10-year) and 5.0% (20-year) may attract some investors, but the primary market is owner-occupiers.

Market Analysis

Currently, Manilla's property market cycle is positioned above its long-term trend, indicating that the market is in overvalued territory. This means that property prices in Manilla are trading higher than what historical trends would suggest.

This cycle position indicates prices may be elevated compared to their underlying value. While this snapshot reflects the market as of early 2026, it's important to remember that market dynamics can shift, and this analysis serves as a historical observation, not a prediction.


Is Manilla a Good Investment?

Analysing Manilla's growth patterns reveals a property market with consistent, long-term appreciation. The 10-year CAGR of 7.4% and the 20-year CAGR of 5.0% indicate a steady increase in property values over time. The full-period CAGR of 4.6% further underscores this sustained growth.

Currently, the market is above its long-term trend, suggesting that prices are elevated. This observation, as of early 2026, highlights the importance of considering historical trends when assessing the market. The factors driving property values in Manilla likely include its affordability, lifestyle appeal, and location within regional NSW.


Manilla Market Outlook

As of early 2026, Manilla's property market is positioned above its long-term trend, indicating an overvalued market. This suggests that recent price growth may have outpaced the underlying economic fundamentals. While historical growth has been solid, potential buyers and sellers should be aware of the current market cycle position. It is important to note that market conditions can change, and this analysis reflects a snapshot in time.

Streets & Location in Manilla, NSW

Manilla, postcode 2346, offers a variety of streets with varying property values. Among the top streets by median price are MARKET ST, STODDART ST, and MERINDAH AVE. With a total of 128 streets, Manilla provides a diverse range of residential options. The town's location in regional NSW contributes to its unique character and property market dynamics.

Market Dynamics

The average settlement time for properties in Manilla is approximately 40 days, indicating a relatively efficient transaction process. Investor activity, as measured by quick-flip percentage, is not applicable in this dataset, suggesting longer-term holding patterns. This data provides insights into the typical market transaction patterns observed in Manilla's property market.

Development & Density

Manilla features a low level of apartment development, with only 4 apartment buildings recorded. This contributes to the suburb's predominantly low-density residential character. The housing composition in Manilla is largely comprised of detached houses, reflecting a traditional Australian suburban landscape. This development density shapes the overall lifestyle and property market dynamics within Manilla.

Growth & Property Mix

Manilla's property market has shown steady growth over the long term. The 10-year Compound Annual Growth Rate (CAGR) stands at 7.4%, while the 20-year CAGR is 5.0%. Over the full 36-year period, the CAGR is 4.6%. The property mix in Manilla is predominantly houses, with a relatively small percentage of strata title apartments, only around 1.2% of the total housing stock.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Manilla, NSW

What is the median property price in Manilla?
The current median property price in Manilla (all types) is $410,000. Houses and apartments have slightly different medians, with houses at $410,000 and apartments at $357,000. This provides a general indication of property values in the area.
Is Manilla overvalued or undervalued?
Manilla's property market is currently positioned above its long-term trend. This indicates that the market is in overvalued territory. This suggests that prices are currently higher than what historical trends would suggest.
How has the Manilla property market performed over 10 years?
The Manilla property market has shown solid growth over the past 10 years. The Compound Annual Growth Rate (CAGR) for the last decade is 7.4%, indicating a steady increase in property values.
What percentage of Manilla is apartments vs houses?
Apartments make up a small percentage of the property market in Manilla. Only 1.2% of the properties are strata title apartments, with the vast majority being detached houses. This reflects the suburb's low-density residential character.
Where is Manilla in the property cycle?
Manilla's property market is currently positioned above its long-term trend. This means the market is considered to be in an overvalued position within its cycle. Market conditions can change, making it important to monitor trends over time.
What schools are near Manilla?
Manilla is home to Manilla Central School, which provides education from primary through to secondary levels. This makes it a convenient option for families with children of all ages. There may be other smaller schools or childcare centres in the surrounding area.
What is Manilla like to live in?
Manilla offers a relaxed, rural lifestyle with a strong sense of community. The town provides essential amenities, local parks, and recreational opportunities. It's a quieter pace of life than you'd find in the big smoke.
Is Manilla good for families?
Manilla can be a good option for families seeking affordable housing in a regional setting. The presence of Manilla Central School is a definite plus for families with school-aged children. The town offers parks and recreational spaces, contributing to a family-friendly environment.
How far is Manilla from Sydney CBD?
Manilla is located approximately 450km north-west of the Sydney CBD. Travel to Sydney typically involves a drive to Tamworth and then connecting via train or plane.
What transport options are in Manilla?
Manilla itself does not have a train station. The nearest major station is Tamworth Station, which is serviced by CountryLink trains. Local bus services operate within Manilla and surrounding areas, and the town is connected by major roads.
How does Manilla compare to nearby suburbs?
Compared to nearby suburbs, Manilla generally offers more affordable property prices. Growth rates may vary, but Manilla provides a viable option for those seeking a regional lifestyle at a lower cost. Neighbouring towns like Tamworth typically have higher median prices.
Is Manilla a good first home buyer suburb?
Manilla's relatively lower median property prices may make it an attractive option for first home buyers. The predominantly house-based property market means there may be fewer apartment options. Historical growth figures suggest long-term appreciation, though current market conditions should always be considered.
What are the best streets in Manilla?
While 'best' is subjective, MARKET ST, STODDART ST, and MERINDAH AVE are among the streets with the highest median property prices in Manilla. These streets may offer desirable locations or features that contribute to their higher values. Further details are behind the paywall.
How many properties have been sold in Manilla?
Over the 36 years of data analysed, there have been 2,584 recorded property sales in Manilla. This provides a substantial dataset for understanding the suburb's property market trends.
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