Suburb Profile Report for Menai NSW (2234)

Menai House: Median price $1,042,500, Annual capital growth 6.48%, Number of sales 106, Weekly median advertised rent $700

Menai Unit: Median price $750,000, Annual capital growth 7.04%, Number of sales 59, Weekly median advertised rent $540

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$1,042,500 $750,000
3.99% 0.00%
5.30% 4.90%
6.48% 7.04%
$700 $540
106 59
3.49% 3.74%
34.66 29.24

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Menai NSW
Demographics
Total population 10529
Median household income ($/weekly) 1967
Median age of persons 35
Median housing loan repayment ($/monthly) 2350
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1684 16.0
    25-34 years 1064 10.1
    35-44 years 1587 15.1
    45-54 years 1775 16.9
    55-64 years 1181 11.2
    Others 3239 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 4426 57.5
    Not Married 2885 37.5
    Defacto Relationship 389 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 8177 80.2
    Papua New Guinea 133 1.3
    South Africa 140 1.4
    United Kingdom 379 3.7
    Other 364 3.6
    Others 1005 9.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 92 0.9
    Christianity 8418 83.9
    Hinduism 93 0.9
    Islam 163 1.6
    No Religion 1229 12.2
    Others 40 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 226 7.6
    $1,500-$1,999 415 14.0
    $2,000-$2,499 361 12.2
    $2,500-$2,999 430 14.6
    $3,000-$3,499 312 10.6
    Others 1211 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3667 46.4
    Not in the labour force 1958 24.8
    Employed, worked part-time 1754 22.2
    Employed, away from work 320 4.1
    Unemployed, looking for work 202 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 824 14.4
    Professionals 1262 22.0
    Technicians & trades workers 737 12.8
    Clerical & administrative workers 1110 19.3
    Sales 688 12.0
    Others 1121 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 238 7.5
    Infants/Primary 1070 33.7
    Secondary 1011 31.8
    Technical or Further Educational Institution 279 8.8
    University or other Tertiary Institutions 516 16.2
    Others 62 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8039 79.1
    Semi-detached, row or terrace house, townhouse 1701 16.7
    Flat, unit or apartment 416 4.1
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1669 51.1
    Fully owned 1001 30.7
    Rented 586 17.9
    Other tenure type 9 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals