Get In Touch | Call Us: 1300 655 615 |
The Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer. |
Listen to many more |
The Propertybuyer
Podcast
Fri 1 Nov '24 with Rich Harvey Sydney’s Lower North Shore - Perspectives and Insights |
|
Fri 20 Sep '24 with Rich Harvey How to Invest or Buy Commercial Property |
|
Fri 6 Sep '24 with Rich Harvey Breaking Gender Barriers, Creating Empathy & Other Empowering Strategies |
|
Fri 23 Aug '24 with Rich Harvey Where to invest for around $500k? |
|
Fri 9 Aug '24 with Rich Harvey How to Find the Ideal Investment Suburbs? |
|
Fri 26 Jul '24 with Rich Harvey Property Market Pulse, Predictions & Policies to fix the housing market. |
|
Listen to many more
podcasts on our
Podcasts page.
Menai is located 29 kilometres south of the Sydney central business district in the local government area of the Sutherland Shire.
Houses are the most common dwelling style dominating the suburb. 72% of dwellings in the area are houses. 18% semi-detached, 6% are Units and 4% other/commercial.
Age mix for the suburb is 0 to 29 yo is 43%, 30 to 49 yo is 29%, 50 & above is 34% so it’s a very attractive suburb for families and younger people.
According to Residex, Menai experienced market growth of around 6.9% from February 2016 to January 2020.
The south west suburb of Menai ist 29km from the centre of Sydney. Menai is a world removed from the rest of Sydney but still has access to all of its advantages. It’s an hour between both Wollongong to the south and Sydney to the north and seems to draw both home buyers and renters looking for quietness and seclusion. The lower price point makes in attractive proposition for investors and home buyers.
Rocksalt Tapas Bar on Allison Cres is a standout with locals with great cocktails and live music. Club central Menai is beautifully renovated modern club serving the usual fare. If you’re just after a quick coffee try steam brothers on Carter Road or Cafe Vostro at the local Menai Market place which is also home to the usual local shops, Banks and Woolworths.
The Menai Hawks Football club is the largest sporting club in the area with 1,200 members playing soccer every weekend at Buckle Reserve Menai. An indoor sporting complex is opposite the Menai Marketplace shopping centre with its own gym and swimming pool with swim schools running most of the year. Menai is also home to the Menai Junior Rugby League Football Club. Menai is also home to the Menai Dragons basketball association. The local council operates the Menai Indoor Sports Centre.
Menai's schools include Menai Primary, Aquinas College and Holy Family Primary School [Catholic]. Menai High School is not in Menai, but in Illawong.
Price growth in recent years hasn’t happened in Menai with prices retreating slightly from 2017 to now. Residex notes Only 0.32% of properties in the suburb are currently on the market which shows there is very limited stock available. Growth has been consistently healthy for houses averaging at 9.4% p.a and units achieving 9.3% for the last 10 years though so perhaps the market is poised for growth.
Residex notes the median house price now sits at around $1.05m. Around $1m to $1.2m will buy you a 3–4-bedroom 1-2 bathroom fully detached, on around 500m2 without views. Units vary significantly depending on the age of the building number in the block and proximity to amenities and views.
To get a buyers’ agent / advocate on your side searching for a property in Menai, please call us on 1300 655 615, email us, or send us your buyers wishlist today by clicking here.
Complete A Quick Property Brief To Get Started
Get an expert in your corner.
Step 1 – Tell us your requirements in the short Property Brief to be matched with one of our expert buyers’ agents who specialise in that area. Once you’ve hit send, we will review the Brief and arrange a consultation to discuss your details and the next steps. Please note the first consultation is obligation free.
Propertybuyer Inner West, South Sydney & CBD
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
Propertybuyer Inner West, South Sydney & CBD
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
© Copyright 2024 Propertybuyer | Privacy Statement