Manly vs Toowong
Property investment comparison - Manly, QLD 4179 vs Toowong, QLD 4066
Head-to-head across core investment metrics: Manly wins 2, Toowong wins 2. 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.
| Metric | Manly | Toowong |
|---|---|---|
| Median house price | $1.9M | $1.9M |
| Median unit price | - | $890K |
| Gross rental yield (houses) | - | 2.50% |
| Gross rental yield (units) | 3.80% | 4.08% |
| 1-year house growth | +16.4%estimate | +4.5%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.1% | 1.2% |
| Population | 4,273 | 12,556 |
Manly vs Toowong: what the numbers say
The median house price is $1.9M in Manly and $1.9M in Toowong, so Toowong is the cheaper entry point, with Manly houses about 2% dearer.
Over the past year house prices moved +16.4% in Manly (an estimate) and +4.5% in Toowong (an estimate), so recent momentum favours Manly, although both suburbs recorded growth.
Rental vacancy is the same in both, at 1.1%.
Toowong is the bigger suburb, with a population of 12,556 against 4,273, roughly 2.9 times the size of Manly; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Toowong for a lower purchase price, Manly for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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