If you compare the increase in value of investment property in Menai, 2234 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.77%.
The five-year average increase in median property values for Menai,2234 has given property investors a potential capital gain of 51.94% across each of those five years.
Menai, 2234 is offering NSW ‘s 242th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
Property investors should expect to get $672.5 weekly from the median priced house in this suburb.
With a capital gain of 0.65% for the last 12 months, Menai, 2234 has performed for property investments than its average annual 7.12% property growth over the last 5 years.
Menai,2234 was ranked 764 in Australia by increase in median property value over the quarter.
Property buyers and investors in Menai 2234 should be seeing an average reduction in asking price of around -5.43% . This means that Menai is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $585 mark per week – giving a return of 3.93% based on the median price in Suburb