Giving property investors a an average capital gain of 5.30% for the last year, Menai, 2234 is the 2027th 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.
At number 655th of NSW’s most discounted properties, Menai is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 106 properties changed hands in Menai, which puts it as the 269th 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.
Menai, 2234 ranked 280th in NSW when comparing growth in median property values or capital gain over the last 12 months. Menai is one of 3163 in our list for NSW
The five-year average increase in median property values for Menai,2234 has given property investors a potential capital gain of 55.96% across each of those five years.
Sellers are offering property buyers an average discount of -2.70% to buyers in Menai at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Menai the average time real estate has been on the market is 29.24 days.
Using the current median advertised rental of $540 and the average annual increase in value of a median property of 7.04%, investors should hope to achieve an overall return of 3.74%