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Manly vs Palm Beach

Property investment comparison - Manly, NSW 2095 vs Palm Beach, NSW 2108

Head-to-head across core investment metrics: Manly wins 5, Palm Beach wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricManlyPalm Beach
Median house price$5M$5.3M
Median unit price--
Gross rental yield (houses)2.11%1.78%
Gross rental yield (units)2.81%2.67%
1-year house growth+3.1%estimate-1.9%estimate
3-year house growth--
Vacancy rate2.0%2.8%
Population16,2961,652

Manly vs Palm Beach: what the numbers say

The median house price is $5M in Manly and $5.3M in Palm Beach, so Manly is the cheaper entry point, with Palm Beach houses about 5% dearer.

On cash flow, Manly leads: houses there return a gross rental yield of 2.11%, compared with 1.78% in Palm Beach, a gap of 0.33 percentage points.

Over the past year house prices moved +3.1% in Manly (an estimate) and -1.9% in Palm Beach (an estimate), so recent momentum favours Manly, while Palm Beach went backwards.

Rental vacancy is 2.0% in Manly and 2.8% in Palm Beach, so landlords in Manly face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Manly is the bigger suburb, with a population of 16,296 against 1,652, roughly 10 times the size of Palm Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Manly for rental income, Manly for a lower purchase price, Manly for recent price momentum, Manly for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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