With a capital gain of 5.88% for the last 12 months, Menai, 2234 has performed for property investments than its average annual 20.53% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Menai,2234 has racked up an average of 5.88% over the period. This ranks it number 3036th in the whole country for real estate investors looking at median house price increases.
Menai, 2234 is offering NSW ‘s 749th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
Often selling an investment property can take time, and in Menai the average time real estate has been on the market is 103.133 days.
With the median price for a house in Menai being $1322000 and the advertised rent reaching $815 the gross rental yield for property investors calculates out to be 5.54%
Investment property in Menai has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.23%
Across a shorter period, Menai, 2234 has seen a median price increase of 2.34% over the last quarter.
At number 342th of NSW’s most discounted properties, Menai is in the TOP 30% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Menai being $895500 and the advertised rent reaching $0 the gross rental yield for property investors calculates out to be 0.00%