NSW has seen average median house prices change by -3.87% which means that Menai, 2234 has not done well for property investors by showing a capital gain of -6.67% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Menai comes in at number 1012th in NSW.
Sellers are offering property buyers an average discount of -7.63% to buyers in Menai at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $725 and the average annual increase in value of a median property of 5.09%, investors should hope to achieve an overall return of 3.85%
Property value increases in Menai have tracked just higher than the NSW average of -3.67% over the last 12 months.
Menai,2234 was ranked 619 in Australia by increase in median property value over the quarter.
Menai2234 is located in NSW which offers an average discount of -6.75% to property investors. Menai itself is showing figures that indicate -4.58% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $560 and the average annual increase in value of a median property of 5.67%, investors should hope to achieve an overall return of 3.99%