If you compare the increase in value of investment property in Menai, 2234 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.79%.
A 18.51% growth in median value for property investors in Menai,2234 puts this suburb at number 830th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Menai, 2234. Typically our figures indicate that -4.28% is being offered, which puts this NSW suburb at 2552th most discounted overall in Australia.
In the last year 111 properties changed hands in Menai, which puts it as the 181th most active market in NSW when comparing the number of sales per suburb.
Menai is 568th on a list of best yielding suburbs for rents in NSW with a 3.67% return
With a capital gain of -2.03% for the last 12 months, Menai, 2234 has performed for property investments than its average annual 5.09% property growth over the last 5 years.
Menai,2234 has offered an average of -2.03% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Menai is giving property investors an average Vendor Discount of around -3.09%. This puts suburb at number 314th in NSW when ranking the most discounted suburbs.
Advertised rents are around the $560 mark per week – giving a return of 4.02% based on the median price in Suburb