With a capital gain of 7.61% for the last 12 months, Menai, 2234 has performed for property investments than its average annual 5.80% property growth over the last 5 years.
The five-year average increase in median property values for Menai,2234 has given property investors a potential capital gain of 45.48% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Menai is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 1165th in terms of most discounted suburbs in NSW
Residents and property investors in Menai have been waiting around 40.58 days to sell a property.
Property investors who have had real estate in Menai, 2234 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.18%
Across a shorter period, Menai, 2234 has seen a median price increase of 2.10% over the last quarter.
Menai2234 is located in NSW which offers an average discount of -4.45% to property investors. Menai itself is showing figures that indicate -2.81% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $540 and the average annual increase in value of a median property of 6.78%, investors should hope to achieve an overall return of 3.85%