We sat down with our Manningham directors to explore how the past year has unfolded and what lies ahead for the local property market.
How has the Manningham property market performed in the last 12 months?
Manningham has demonstrated resilience across sales and rentals. Well-presented family homes and quality townhouses continue to attract strong competition despite fluctuating interest rates. Price growth has been measured compared to peak years, but owner-occupier demand has remained consistent. The rental market has been exceptionally tight, with low vacancy rates, sustained tenant demand and improved yields for investors.
Manningham has demonstrated resilience across sales and rentals. Well-presented family homes and quality townhouses continue to attract strong competition.
Which suburbs in Manningham look best placed for stability over the next 12 months?
Doncaster East stands out for its access to quality schools, transport links and consistent buyer demand. Templestowe continues to attract buyers seeking larger land holdings and lifestyle appeal, which provides insulation from broader market fluctuations.
How do you expect the Manningham market will respond to further potential cash rate adjustments?
Manningham has absorbed rate movements well, supported by its demographic profile and desirability. Further increases may temper buyer urgency in the short term, but underlying demand should hold. Buyers in this region tend to be financially stable, and any softening in conditions is likely to be short-lived for well-located, well-presented properties.
Median property prices
Cotality, 01/04/2025 - 31/03/2026 Where a suburb is split across a LGA, the whole suburb has been used to determine a median. Where there are insufficient sales within a suburb over a 12-month period, a median price has not been calculated.Manningham
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Bulleen
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Doncaster
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Doncaster East
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Donvale
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Park Orchards
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Templestowe
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Templestowe Lower
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Warrandyte
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Wonga Park
Median days on market
Cotality, 01/04/2025 - 31/03/2026Manningham
Rental yield
Cotality, 01/04/2025 - 31/03/2026Manningham
Current population
ABS Census 2021 DataManningham
- Houses
- Units
We continue to see investors flock to Doncaster. What makes Doncaster such an attractive suburb for investors?
Constrained rental supply is translating into favourable conditions for investors — consistent tenant demand and shorter leasing periods resulting in upward pressure on rents, consequently improving yields. Quality of tenant applications is high given the area's desirability, and properties are less likely to sit vacant. Manningham continues to present as a stable option for investors seeking income security and long-term capital growth.
At Jellis Craig, Doncaster East records 42 average inspection groups per listing¹. Why is this neighbourhood so coveted?
Doncaster East balances lifestyle, education and accessibility. Proximity to top-performing schools, expansive parklands and convenient CBD access drive consistent demand. The suburb's diverse housing mix appeals to a wide buyer demographic, driving strong inspection numbers and interest.
Ownership
ABS Census 2021 DataManningham
- Own
- 43%
- Purchasing
- 33%
- Rent
- 20%
- Other
- 4%
- Own
- Purchasing
- Rent
- Other
Dwelling type
ABS Census 2021 DataManningham
- House
- 72%
- Semi detached
- 17%
- Unit / apartment
- 11%
- House
- Semi detached
- Unit / apartment
What does FY27 and beyond look like for the Manningham property market?
The outlook remains positive. Population growth, infrastructure investment and Manningham's reputation as a premium family destination will continue to underpin demand. We anticipate steady, sustainable price growth, with strong interest in turnkey homes and quality townhouses. The rental market is also expected to remain tight, supporting investor confidence in the medium to long term.
Fast Four with Dallas Taylor
Favourite area
The acre belts of Manningham, Donvale and Park Orchards.
Local secret
Walking along the Yarra River from the Warrandyte bakery.
Memorable sale
6 Bayles Court, Donvale, which attracted four bidders, over 40 bids and the result exceeded expectations.
One to watch
Lifestyle properties in Donvale and Park Orchards.
