Free market report · Data to July 2026

Manningham property market

Manningham is one of the 453 council areas we track on the Momentum Dial, our property clock. This page is the plain-numbers read: where it sits in the cycle, who lives there, what's being built, and the suburbs inside it.

Manningham is home to 132,912 people. On the Buyers First Momentum Dial its house market currently reads Rising, and units read the same. The number that matters most here: 6,954 more residents are in work than five years ago, +11.4%. Jobs lead prices. Here's the rest of the picture, in plain numbers.

Houses · cycle position

Rising

The Manningham house market is accelerating. Growth is building pace rather than fading, which is the phase most investors wish they had caught in hindsight.

-4% to +10%

Modelled 12-month price range

+3.1%

Modelled 12-month rent change

Units · cycle position

Rising

The unit market is accelerating. Growth is building pace rather than fading, which is the phase most investors wish they had caught in hindsight.

-1% to +6%

Modelled 12-month price range

+3.3%

Modelled 12-month rent change

At a glance · houses

$1,577,614

Typical house, August 2026

+4.5% a year since 2010

+2.1%

Growth a year, last 10 years

+0.6% a year over the last 5

$719

Rent a week

2.4% gross yield

5 of 15

Years prices fell since 2010

Worst: 2018, -6%

The clock measures growth momentum, not price. Peak means growing fastest, not about to fall. Cycle data and projections sourced from HtAG Analytics. See Manningham on the clock.

Free · One per person

Want all of this written up for Manningham?

The full report is this data as a written document, plus the current price, rent, yield and growth on one suburb inside Manningham, and the numbers that cut against the area. I write them by hand, so it comes from me rather than out of a system.

Leave your details and I'll get in touch about it myself, by email or phone, usually within one business day. It comes from dan@buyersfirstagency.com.au, and it lands in junk more often than it should, so check there if you don't see it. You'll also go on the Market Pulse mailing list, one email a month on where the market is actually heading. Unsubscribe whenever you like, and I never pass your details to anyone else.

The numbers, explained

Manningham in charts.

The typical house in Manningham went from $765,031 in 2010 to $1,577,614 in August 2026. That is +106% in total, +4.5% a year. 5 down years out of 15, never more than 2 in a row. Cycles, not collapses.

Houses · price change each year · 2011 to 2026

Prices in Manningham fell in 5 of the last 15 years

Okay
-3.3% '11 '12 '13 '14 16.0% 2015 '16 '17 -5.7% '18 -2.4% '19 2020 '21 '22 '23 -1.3% '24 -2.5% 2025 1.5% '26 ytd

+106%

Since 2010

+2.1%

Per year, last 10 years

5 of 15

Years going backwards

-5.7%

Worst year (2018)

What this shows. How much the typical house price in Manningham went up or down each year. Teal bars are up years, red bars are down years, and the faded bar is this year so far.

Why it matters. The size of a good year matters less than how many bad years there were and whether they came in a row. Boring? Absolutely. But the length of the down stretch is what decides whether you get out the other side. Typical price at December each year, data from HtAG Analytics.

You don't need to know property to read this. Every chart below opens with the point in one line, then says what it shows and why we care. Teal is a good sign, amber is okay, red means watch it.

The scorecard · 7 things we check

Manningham scores 21 out of 35. Mixed.

Okay
Cycle 4Down years 2Supply 5People 3Jobs 3Affordability 1Rentals 3 5 = best
Where it is in the cycle

prices are rising and speeding up

Years prices fell since 2010

5 of 15 years

New homes being built

1.0 new homes approved per 100 that exist

People moving in

population growing 0.8% a year

Jobs

4.4% unemployed, Australia 4.2%

Can locals afford it

a house costs 13.3 years of a local household's income

Empty rentals

2.1% of rentals are empty, so about 2 in every 100

What this shows. Seven quick checks on Manningham, each scored out of five. Five is the reading we most want to see.

Why it matters. No single number tells you whether an area is a good buy. Together they show whether the pieces line up. These are bands, not rules: a council outside a band can still be the right buy for the right person, and one inside every band can still be wrong for you.

House prices since 2010 · Manningham vs the 5 most similar councils in VIC

Manningham has grown more slowly than similar councils over ten years

Watch this
$436k $872k $1.31m $1.74m Manningham $1.55m 20102012201420162018202020222024
ManninghamSimilar councils (middle of 5)

+0.6% vs +1.2%

A year, last 5 years

+2.1% vs +3.3%

A year, last 10 years

+4.5% vs +4.0%

A year, last 15 years

What this shows. The typical house price in Manningham every year, in teal, next to the middle of the five councils in VIC closest to it in size and starting price: Banyule, Moonee Valley, Frankston, Maroondah, Port Phillip. The small "vs" number in each tile is those councils.

Why it matters. Sometimes a slower market is catching up, sometimes it is being passed. The jobs and supply readings on this page tell you which.

Momentum · the last 36 months

Prices in Manningham are moving at a steady pace

Okay
$1.50m $1.59m $1.68m 0 218 sold September '23March '24September '24March '25September '25March '26
Last 3 months' priceLast 12 months' priceHouses sold each month

$1,575,883

3-month price, August 2026

+0.7%

3-month price vs 12-month price

1,589 vs 1,867

Houses sold, last 12 months vs the 12 before

What this shows. Two versions of the same price. The dotted teal line averages the last three months, so it reacts fast. The grey line averages the last twelve, so it moves slowly. The bars are how many houses sold each month.

Why it matters. The three-month and twelve-month prices are moving together. No acceleration either way.

New homes · approvals as a share of all the homes here

Not many new homes are being built in Manningham

Good sign
balanced · 1.5% to 3% a year above this, a lot of building 1% 2% 3% 4% 5% 1.4% FY24 · 665 approved 0.9% FY25 · 460 approved 1.0% FY26 · 486 approved · now

What this shows. For every 100 homes already in Manningham, how many new ones the council approved each year. The teal band is the range we call balanced.

Why it matters. Fewer new homes means the ones that exist stay in demand. It can also mean building here is hard or slow, which cuts the same way. The home count is the population divided by the average household size, so treat the rate as a guide rather than a census.

Affordability · house price in years of local household income

A house in Manningham costs 13.3 years of a local family's income

Watch this
expensive · over 8 years stretched · 6 to 8 years affordable · under 6 years 15.6 2016 15.9 2017 14.5 2018 13.7 2019 14.7 2020 15.8 2021 15.4 2022 15.1 2023 14.4 2024 13.6 2025 13.3 2026 so far

What this shows. Take the typical house price and divide it by what a typical household here earns in a year. A bar of 7 means seven years of the whole household's income buys one house.

Why it matters. Expensive for the people who live here. Prices at this level need outside buyers to keep moving, and outside buyers are the first to leave when things wobble. Income is the 2021 Census figure carried forward at 3.5% a year, so it is an estimate, not a measurement.

Rents · typical weekly house rent, last 36 months · and how many rentals sit empty

Rent in Manningham is $719 a week, up 4.7% in a year

Good sign
$527 $645 $762 $719 a week now September '23March '24September '24March '25September '25March '26

$719

A week, August 2026

+4.7%

Change in the last year

2.1%

Rentals sitting empty (balanced)

What this shows. What a typical house in Manningham rents for each week, month by month. The empty-rentals number is the share of rental homes with nobody in them: under 1.5% is tight, over 3% means tenants have plenty of choice.

Why it matters. Rents rising faster than inflation means more people want to live here than there are homes to rent. That pressure eventually shows up in prices.

Rental yield · a year of rent as a share of the price, Manningham vs similar councils

Rent covers 2.4% of the price each year in Manningham

1.4% 2.3% 3.3% 202120232025
ManninghamSimilar councils

What this shows. Yield is simple: a whole year of rent divided by the house price. A $500,000 house renting for $500 a week earns $26,000 a year, which is a 5.2% yield.

Why it matters. Lower than similar councils, which are around 2.9%. Prices have run ahead of rents, so you are paying more of the loan yourself while you wait for growth. We don't buy on yield alone and we never set a yield cut-off; it is one piece of the picture, next to growth.

The people

Who lives in Manningham.

The population has grown a steady +0.8% a year over the last five years. Interesting mix underneath: locals have been leaving on net (-2,312 over three years) while overseas migration more than filled the gap (9,166). Worth understanding who is arriving and what housing they need. The median age is 43 and the median household brings in $1,920 a week (Census 2021). 76% of households own or are paying off their home. Owner-occupier markets like this tend to hold their nerve through the cycle, because nobody is forced to sell an address they live at.

Population · ABS estimates 2015 to 2025

Manningham is growing steadily: 132,912 people, up +0.8% a year

Okay
120,785 132,912 201520202025

132,912

People, 2025

+0.8% vs +0.6%

A year, last 5 years · typical VIC council

+1.0%

A year, last 10 years

Why it matters. Steady growth is enough to keep demand ahead of supply, as long as building stays sensible.

Where the growth came from · last 3 years

Overseas arrivals are doing the heavy lifting in Manningham: 9,166 in three years

Okay
Births minus deaths
-321
Moved from elsewhere in Australia
-2,312
Moved from overseas
+9,166

Net change: +6,533 people over three years.

What this shows. Three ways a place gains or loses people: babies born minus people who died, people who moved here from another part of Australia, and people who arrived from overseas. Bars to the right add people, bars to the left take them away.

Why it matters. Overseas arrivals usually rent first, so this kind of growth shows up in rents before it shows up in prices.

Age and households · Census 2021

Manningham is about the same age as the typical VIC council: median age 43

Typical age
Median age 43 vs 42
People per household 2.7 vs 2.4

Manningham Typical VIC council (middle of 78)

Why it matters. A mixed-age area has demand for most housing types, which makes it easier to sell to whoever the next buyer is.

Income and who owns the homes · Census 2021

Most homes in Manningham are owner-occupied: 76% own or are paying off, 20% rent

Owner market
Household income a week $1,920 +28% vs typical
Who lives in the homes 76% own · 20% rent

Own or paying off Renting Other

Why it matters. Owner-occupier markets hold their nerve through the cycle, because nobody is forced to sell the address they live at.

New supply

What's being approved to build.

486 dwellings were approved in FY26, 250 of them houses. Approvals are trending down. If demand holds, thinning supply is how pressure builds under prices and rents. On the non-residential side, $218 million of building was approved in FY26, $97 million of it public money. Governments build where they expect people. Within that, $60 million of education and health buildings have been approved across the last three financial years. Schools and hospitals are the most honest signal governments give about where they expect families.

Homes approved · ABS, by financial year

Not much new is being built in Manningham: 486 homes approved in FY26

Good sign
FY24
665
FY25
460
FY26
486

Houses Units, townhouses and other

486

Homes approved, FY26

51%

Of them houses

1.0%

New homes per 100 that exist

What this shows. How many new homes the council approved each financial year, split into houses and everything else. Approved is not built, but it is the earliest warning of supply on the way.

Why it matters. When little gets built, the homes already here do not have much competition. Good for prices, as long as people keep arriving.

Non-residential building approved · ABS

Government spending on buildings in Manningham is rising: $97m approved in FY26

Good sign
FY24
$45m
FY25
$196m
FY26
$218m

Government projects All non-residential

$218m

All sectors, FY26

$97m

Government, FY26

$60m

Schools and health, last 3 years

What this shows. The dollar value of shops, offices, schools, hospitals and other non-home buildings approved each year. The darker bar is the government's share.

Why it matters. Governments build where they expect people. Schools and hospitals are the most honest signal they give about where families are heading. For the named projects behind these numbers, ask for the full report.

Jobs

Who's working in Manningham.

Work here runs on health care and social assistance (14% of jobs), ahead of professional services and retail trade. 6,954 more residents are in work than five years ago (+11.4%). That is strong jobs growth, and it usually shows up in housing demand with a lag. Unemployment tracks close to the national average at 4.4%. On the ABS advantage index this council ranks in the top 10% of the country, which you'll notice in the price tags.

Jobs · SALM, March 2026

6,954 more people in Manningham have a job than five years ago

Good sign

67,869

Residents in work

4.4% vs 4.2%

Unemployed · Australia

+11.4%

Jobs change, 5 years

Unemployment rate 4.4% vs 3.7% typical VIC council

Manningham Australia

Why it matters. Strong jobs growth shows up in housing demand with a lag. People get the job first and buy the house a year or two later.

Who employs people here · Census 2021

Health care and social assistance is the biggest employer in Manningham, 14% of jobs

Advantage 10 of 10
Health care and social assistance
14%
Professional services
11%
Retail trade
11%
Education and training
9%
Construction
9%

What this shows. The five industries that employ the most residents, as a share of all jobs. The pill is the ABS advantage score: Manningham sits in decile 10 of 10 nationally, where 10 is the most advantaged.

Why it matters. A spread of employers means no single closure can empty the town. That is the kind of job base that holds house prices through a downturn.

The outlook

Is Manningham worth buying into?

Put the drivers together and the case for Manningham is: a job base that has expanded, public building spend trending up, new supply thinning out. None of this guarantees anything. It tells you where to look harder, which is what a report like this is for.

Free · Written by hand · One per person

This page is the public data. The full report is that written up as a document, plus the current price, rent, yield and growth on one suburb inside Manningham. One per person.

Name, email and phone. I write these by hand, one per person, and the conversation afterwards is the only thing the report costs.

Leave your details and I'll get in touch about it myself, by email or phone, usually within one business day. It comes from dan@buyersfirstagency.com.au, and it lands in junk more often than it should, so check there if you don't see it. You'll also go on the Market Pulse mailing list, one email a month on where the market is actually heading. Unsubscribe whenever you like, and I never pass your details to anyone else.

Inside the LGA

The suburbs of Manningham.

We hold live snapshot data for one suburb in Manningham. Click through for the full numbers.

Suburb Typical price Rent/wk Gross yield 1yr growth Listings
Doncaster $1,674,920 $721 2.2% +4% REA · Domain

Next step. See what's for sale in Doncaster on realestate.com.au or Domain. Then send me the address before you make an offer. That is the part the data cannot do.

All 10 suburbs and localities in Manningham

Bulleen · Doncaster · Doncaster East · Donvale · Park Orchards · Templestowe · Templestowe Lower · Warrandyte · Warrandyte South · Wonga Park

Written up suburb by suburb in Manningham: Doncaster

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Want the full workup on Manningham?

This page is the public data. The full report is the written workup: current price, rent, gross yield and vacancy, growth over 1, 3, 5 and 10 years, days on market and demand, and the supply coming down the pipe, for Manningham or any suburb in it. Same data we run for clients. I pull it and email it through, usually within a business day. One per person, no charge, and no 14-part email sequence afterwards. All I ask is that if it lands, you take the fifteen minute call at the end of it.

Name, email and phone. I write these by hand, one per person, and the conversation afterwards is the only thing the report costs.

Leave your details and I'll get in touch about it myself, by email or phone, usually within one business day. It comes from dan@buyersfirstagency.com.au, and it lands in junk more often than it should, so check there if you don't see it. You'll also go on the Market Pulse mailing list, one email a month on where the market is actually heading. Unsubscribe whenever you like, and I never pass your details to anyone else.

Keep comparing

Markets of a similar size in VIC.

A council only makes sense in context. These are the VIC markets closest to Manningham in population, each with its own written report.

General information only, not financial or investment advice. Cycle positions and projections are modelled LGA-level figures to July 2026, sourced from HtAG Analytics. Population and approvals are ABS estimates; employment is SALM smoothed data; income, age and tenure are Census 2021. None of it can see street quality, flood maps, zoning or the contract, which is where deals are actually won and lost. Get advice on your own situation before acting.

Data finds the area. It doesn't buy the house.

We narrow 15,000 suburbs to the top 5 for each client, then find the street and the property. If Manningham is on your list, that's a conversation worth having early.

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