Manchester statistics & growth factors
Statistics
With the largest economy outside London, Greater Manchester, the knowledge capital of the UK, has a population of 2.6 million and a workforce of 1.2 million.
25% of the UK's motorways run through the city and over 11 million people live within 50 miles of the city centre.
The city centre population currently stands at 20,000, from 1,000 in 1990 and promises great growth potential with large, blue-chip organisations from Finance Houses, Law Firms and the BBC relocating their activities to the city - Learn more about the BBC location to Manchester.
Unemployment is far lower than UK averages, at 2.9% and with well-paid jobs, Manchester attracts a young, upbeat population; around 65% of whom are under 45 years of age.
The city boasts one of the world's premier airports, a well-integrated public transport system, and a wealth of cultural, shopping, sports and heritage potential to explore.
Growth factors
- Manchester boasts the largest UK economy outside London
- The rental market is sustained by high numbers of well paid city workers and domestic and international students living in the city and achieves yields of 5.6% on new property
- Property prices have shown strong growth as the city's economy continues to expand
- Demand for property continues to rise with the population, growing from 1,000 in 1990 to 20,000 in 2005
- Over £1 billion of public and private investment in office, retail and leisure facilities is encouraging tens of thousands of affluent young professionals into the city centre and its surrounds
Contact us
Contact our investment specialists to find out more about our current opportunities within Manchester:
Investment Sales Manchester
Telephone: +44 (0) 161 829 3020
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Email: invest@dandara.com
Featured development
Situated on the banks of the River Clyde and only minutes away from Glasgow’s chic West End district, the multi-award winning gh2o is set to become the city’s most desirable address.