Property value increases in Menai have tracked just higher than the NSW average of 4.27% over the last 12 months.
Taking the average capital gain, or increase in median house value, Menai,2234 has racked up an average of 11.20% over the period. This ranks it number 2710th in the whole country for real estate investors looking at median house price increases.
A $720 per week rent on the median house gives suburb investors a gross yield of circa 3.51%, without taking into account capital value appreciation, which has been averaging out at 5.34%.
Menai has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.42% to date .
A 12.40% growth in median value for property investors in Menai,2234 puts this suburb at number 305th in terms of best performing suburbs in NSW
Renters in Suburb are facing rents around $28600 per annum or $550 every week.