With a capital gain of 1.90% for the last 12 months, Menai, 2234 has performed for property investments than its average annual 5.87% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Menai has given property investors a paper return of 0.00%. This puts Suburb as 936 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Menai is $990000, with sellers offering an average of -2.22% off the asking price.
Residents and property investors in Menai have been waiting around 44.26 days to sell a property.
Menai, 2234’s gross rental yield is 3.68%
Giving property investors a a stable capital gain of 9.77% for the last year, Menai, 2234 is the 402th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Menai has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Menai are currently offering property investors an average price cut of -2.28% below the asking price at the moment.
Menai, 2234’s gross rental yield is 3.83%