Menai has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 17.99% to date .
If we look at median property appreciation over just the last three months, Menai has given property investors a paper return of 9.31%. This puts Suburb as 334 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Menai 2234 should be seeing an average reduction in asking price of around 0.00% . This means that Menai is holding prices well when compared to other suburbs in NSW.
Property value increases in Menai have tracked higher than the NSW average of 8.55% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Menai has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Menai is offering property investors an average of -1.85. This rate of discount on properties puts Suburb at number 305th in terms of most discounted suburbs in NSW
In the last year 55 properties changed hands in Menai, which puts it as the 275th most active market in NSW when comparing the number of sales per suburb.
Situated 24.26km from the CBD, Menai is one of Sutherland Shire (A) localities in the postcode 2234.