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Mannerim, VIC 3222

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$2,875,000

market range $1.8M-$2.9M

Median Unit

$625,000

Gross Yield (units)

4.1%

1yr Growth

-

Investment snapshot for Mannerim

Mannerim has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Mannerim market and investor summary

Mannerim (VIC 3222) runs a median house price of $2.9M. At 1.9% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking. Houses also take time to sell, around 839 days on market, so plan for a slower exit if you ever need one.

Living in Mannerim: people, income and schools

Mannerim has a resident population of roughly 108, and the area has been growing steadily, up about 11% over five years. The median age is 50, an older, established demographic, and 88% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $147,000 a year, or roughly $2,830 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 19.5 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 30% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 3 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 56 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
108
+11% over 5yr
Median age
50 years
Median household income
$147,000/yr
Households renting
13%
Family households
87%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
3
avg ICSEA 1045
Unemployment
3.8%
Distance to CBD
56 km

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Mannerim

No properties currently listed in Mannerim

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Frequently asked questions about Mannerim

What should I check before investing in Mannerim?

Mannerim has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.1% gives a usable rent-to-price starting point. Tight rental market (1.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Mannerim?

The median property price in Mannerim, VIC 3222 is $2.9M for houses and $625K for units.

What rental yield does Mannerim show?

The gross rental yield in Mannerim is 4.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Mannerim?

The current vacancy rate in Mannerim is 1.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Mannerim?

Mannerim has a population of approximately 108 residents, with a median age of 50.

What schools are near Mannerim?

There are 3 schools within roughly 5km of Mannerim. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Mannerim affordable to buy in?

A median house in Mannerim costs about 19.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Mannerim's population growing?

The population of Mannerim has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Mannerim from the CBD?

Mannerim is about 56 km from the CBD.

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