Menai has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.07% to date .
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.
At number 408th of NSW’s most discounted properties, Menai is in the bottom 40% of the state/territory when listing in order of most discounted to least.
In the last year 123 properties changed hands in Menai, which puts it as the 192th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Menai, 2234 is in the Sutherland Shire local government area.
At number 636th in the list of Australian suburbs ordered by increase in median house value over the last year, Menai, 2234 is in the top 40% with a property value increase of 6.85% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Menai comes in at number 205th in NSW.
The most recent median price for Menai is $780000, with sellers offering an average of -2.04% off the asking price.
Renters in Suburb are facing rents around $6540 per annum or $545 every week.