Skip to main content

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.

MetricManlyToowong
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 rate1.1%1.2%
Population4,27312,556

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

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison
Manly vs Toowong: Property Investment Comparison (2026)