Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Menai, NSW 2234
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,815,000
market range $1.8M-$1.9M
Median Unit
$1,150,000
market range $950K-$1.2M
Gross Yield (houses)
2.8%
1yr Growth (houses)
+7.8%
market range +5.0% to +12.5%
Investment snapshot for Menai
Menai has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Menai verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Menai - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Menai market and investor summary
In Menai, NSW 2234, the median house sells for around $1.8M, on a gross rental yield of 2.8% for houses. House prices have moved +7.8% over the past year and +13.8% over three years. At 0.7% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Menai: people, income and schools
About 10,419 people live in Menai, a number that has held fairly steady over five years. At a median age of 39, it reads as broadly working-age, and 84% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $134,000 a year (about $2,580 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 13.6 times local household income, so affordability is a genuine constraint on local buyers.
Families have 28 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Menai sits about 24 km from the CBD. It is fairly car-dependent; the suburb scores 43 for walkability and 24 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 10,419
- -1% over 5yr
- Median age
- 39 years
- Median household income
- $134,000/yr
- Households renting
- 15%
- Family households
- 86%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 28
- avg ICSEA 1089
- Unemployment
- 2.1%
- Distance to CBD
- 24 km
- Walk score
- 43/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Menai
View all →Frequently asked questions about Menai
What should I check before investing in Menai?
Menai has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +7.8% in the past year shows positive recent price momentum. Tight rental market (0.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Menai?
The median property price in Menai, NSW 2234 is $1.8M for houses and $1.1M for units.
What rental yield does Menai show?
The gross rental yield in Menai is 2.8% for houses and 4.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Menai?
House prices in Menai are up 7.8% over the past year and up 13.8% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Menai?
The current vacancy rate in Menai is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Menai?
Menai has a population of approximately 10,419 residents, with a median age of 39.
What schools are near Menai?
There are 28 schools within roughly 5km of Menai. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Menai affordable to buy in?
A median house in Menai costs about 13.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Menai's population growing?
The population of Menai has fallen about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Menai from the CBD?
Menai is about 24 km from the CBD.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API