Over the last year, property investments in Menai, 2234 have given investors a capital gain of -9.15%. This compares badly with the -2.96% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Menai comes in at number 1119th in NSW.
Sellers are offering property buyers an average discount of -7.83% to buyers in Menai at the moment, which is less than average for the rest of NSW.
A $700 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at 5.83%.
Giving property investors a an unimpressive capital gain of -5.81% for the last year, Menai, 2234 is the 1026th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Menai,2234 has racked up an average of -5.81% over the period. This ranks it number 855th in the whole country for real estate investors looking at median house price increases.
At number 563 in a list of fastest selling suburbs, Menai is just in the top half of suburbs in Australia with an average of days on market 70.6667 for properties listed there.
Property investors should expect to get $580 weekly from the median priced house in this suburb.