Over the last year, property investments in Menai, 2234 have given investors a capital gain of 6.82%. This compares badly with the 11.06% for NSW as a whole.
Comparing Menai,2234 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Menai 2234 should be seeing an average reduction in asking price of around -4.81% . This means that Menai is holding prices well when compared to other suburbs in NSW.
At number 370 in a list of fastest selling suburbs, Menai is in the TOP 10% of suburbs in Australia with an average of days on market 39.38 for properties listed there.
A $675 per week rent on the median house gives suburb investors a gross yield of circa 3.32%, without taking into account capital value appreciation, which has been averaging out at 6.77%.
If you compare the increase in value of investment property in Menai, 2234 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.48%.
Taking the average capital gain, or increase in median house value, Menai,2234 has racked up an average of 6.48% over the period. This ranks it number 285th in the whole country for real estate investors looking at median house price increases.
Menai2234 is located in NSW which offers an average discount of -4.13% to property investors. Menai itself is showing figures that indicate -2.07% is the average achievable by property buyers investing in the suburb.
Menai is 399th on a list of best yielding suburbs for rents in NSW with a 3.60% return