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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Menai has 97 properties available for sale. The median property price for a house is currently 1,560,000 with annual capital growth of 38.67 . There were 105 house sales in the past 12 months. On average, houses spend 18 days on market.

If you're thinking about buying an investment property in Menai, consider that rental yields for houses are currently 2.78 with an average median rent of 750 weekly. Houses have seen 7.59 growth in the past quarter, and 38.67 growth in the past 12 months.

The size of Menai is approximately 13.6 square kilometres. It has 8 parks covering nearly 14% of total area. The population of Menai in 2011 was 10,529 people. By 2016 the population was 10,275 showing a population decline of 2.4% in the area during that time. The predominant age group in Menai is 50-59 years.

Households in Menai are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Menai work in a professional occupation. In 2011, 80.6% of the homes in Menai were owner-occupied compared with 80.7% in 2016.

Menai has 45 properties available for sale. The median property price for a unit is currently 922,500 with annual capital growth of 19.81 . There were 56 unit sales in the past 12 months. On average, units spend 19 days on market.

If you're thinking about buying an investment property in Menai, consider that rental yields for units are currently 3.43 with an average median rent of 620 weekly. Units have seen 0.27 growth in the past quarter, and 19.81 growth in the past 12 months.

The size of Menai is approximately 13.6 square kilometres. It has 8 parks covering nearly 14% of total area. The population of Menai in 2011 was 10,529 people. By 2016 the population was 10,275 showing a population decline of 2.4% in the area during that time. The predominant age group in Menai is 50-59 years.

Households in Menai are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Menai work in a professional occupation. In 2011, 80.6% of the homes in Menai were owner-occupied compared with 80.7% in 2016.

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Key Market Data House Unit
Median price 1,560,000 922,500
Quarterly growth +7.59 +0.27
12-month growth +38.67 +19.81
Average annual growth +8.16 +3.41
Weekly median rent 750 620
Gross rental yield 2.78 3.43
Number of sales 105 56
Days on market 18 19
Jump to Market Trends
Key Demographics 2011 2016
Total population 10,529 10,275
5YR Population change -2.34 -2.40
Median household income (p/w) 2,000 2,209
5YR Household income change +20.41 +10.45
Median loan repayment (p/m) 199 197
Median age of persons 34 37
Jump to Demographics Trends
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