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Menai suburb profile

Menai is a picturesque suburb located in the southern part of Sydney, known for its family-friendly atmosphere and natural surroundings. Situated approximately 29km from the Sydney CBD, Menai offers a peaceful retreat with a strong sense of community. The suburb features a mix of modern homes and established residences, surrounded by bushland and parks, providing ample opportunities for outdoor activities. Menai's local amenities include shopping centres, schools, and recreational facilities, making it an ideal location for families. Its blend of suburban tranquility and convenient access to urban amenities continues to attract residents seeking a balanced lifestyle.

Menai property market performance

Current median dwelling price$1,242,500Past 3 months

Property growth+5.9%Past 12 months

Menai's property market has shown positive growth over the past 12 months, with house values increasing by 6.3%. The current median house price stands at $1.58 million. Although unit values have risen by 3.4%, the median unit price is not available, indicating limited data or sales activity in this segment.

Sales activity has been moderate, with 23 houses and 6 units sold over the past 12 months. Houses are selling relatively quickly, with a median of 37 days on the market, while units are moving even faster at 16 days, suggesting strong demand for units despite the limited sales.

In the rental market, house rents have increased by 4.1% over the last 12 months, with an average rent of $885. Unit rents have remained stable, with no change over the same period, maintaining an average rent of $650.

HousesUnits
Median price
Past 3 months
$1.53MN/A
Change in value
Past 12 months
7.0%4.7%
Sold
Past 3 months
123
Median days on market
Past 12 months
3915
Average rent
Past 12 months
$880$725
Change in rent
Past 12 months
3.5%10.7%

5 year median price trend for houses and units

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Menai demographics

Menai, located in the southern suburbs of Sydney, is a family-friendly area known for its leafy streets and community-oriented lifestyle. With a population of 10,419, Menai offers a suburban retreat with a strong sense of community, making it an attractive choice for families. The median age of 39 reflects a mature community, with many residents enjoying the balance of family life and proximity to Sydney's urban amenities.

The suburb is characterized by a high percentage of couple families with children, accounting for 55% of the population, which underscores its appeal to families seeking a supportive environment. Additionally, 29.8% of households are couple families without children, and 14.5% are one-parent families, indicating a diverse family structure within the community.

Property ownership in Menai is predominantly stable, with 36.7% of homes owned outright and 48.4% owned with a mortgage. This high level of home ownership reflects the suburb's appeal to long-term residents and those looking to invest in a family home. Only 15% of properties are rented, suggesting a community with deep roots and a preference for home ownership. The median total household income of $2,575 per week further highlights the suburb's affluence and the quality of life it offers to its residents.

Menai infrastructure, key developments and investment opportunities

Menai has seen continued focus on community amenities, with recent upgrades to local parks and recreational spaces supporting a family-friendly environment and enhancing neighbourhood desirability. The area benefits from established shopping centres and proximity to the Georges River, as well as easy access to natural reserves, contributing positively to the suburb’s appeal for home buyers.

While there are no major new infrastructure or transport projects announced at this stage, Menai continues to attract demand due to its reputable schools, walkability, and strong community facilities. There are no significant planned developments or council rezoning proposals currently impacting property values beyond general suburban renewal and minor enhancements to public amenities.

Menai rental market trends

The rental market in Menai has shown modest growth, with house rents increasing by 4.1% over the past year to $885 per week, while unit rents have remained stable at $650 per week. Menai continues to attract renters with its family-friendly environment and proximity to natural reserves, making it a desirable suburb for those seeking a balanced lifestyle.

Suburbs near Menai

Some popular suburbs near Menai include:

How does Menai compare to nearby suburbs?

  • Median house prices: Menai’s median house price is 4.1% higher than Revesby’s.
  • Median unit prices: Menai’s median unit price is 27.0% higher than Sutherland’s.
  • House price growth: Over the past 12 months, house prices in Menai have grown 1.4% higher than in Sutherland.
  • Unit price growth: Over the past 12 months, unit prices in Menai have grown 0.7% higher than in Jannali.
  • Selling speed for houses: Properties in Menai are selling 2.5% faster than in Sutherland.
  • Selling speed for units: Properties in Menai are selling 48.3% faster than in Sutherland.
  • Investment considerations: In Menai, the rental yield for house is 1.0% higher than the Sydney average, while the rental yield for units is 3.1% lower.
  • House price growth: Over the past 12 months, house prices in Menai have grown 15.1% lower than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Menai have grown 3.3% higher than the average rate of growth for units across Sydney.

Common questions about Menai

  • Is Menai a nice place to live?

    Menai is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the southern part of Sydney, Menai is known for its charming blend of suburban tranquility and natural beauty. The suburb is surrounded by lush bushland and parks, providing residents with ample opportunities for outdoor activities and a peaceful lifestyle. The strong sense of community in Menai is palpable, with friendly neighbors and a welcoming atmosphere that makes it particularly appealing to families.

    Living in Menai means enjoying the convenience of local amenities, including shopping centres, reputable schools, and recreational facilities. The suburb's proximity to the Georges River and natural reserves adds to its allure, offering residents a chance to enjoy nature while still being within reach of urban conveniences. Safety is generally not a concern in Menai, as it is known for its secure and peaceful environment, making it an ideal place for families to settle down.

    While Menai offers a fantastic lifestyle, there are a few trade-offs to consider. The suburb does not have major new infrastructure or transport projects, which means commuting to the Sydney CBD might require some planning. However, for those who prioritize a family-oriented lifestyle and a strong community feel, these trade-offs are often outweighed by the benefits. Menai's leafy streets and community-oriented vibe make it a charming suburb for families seeking a supportive and peaceful environment. Whether you're looking for a place to raise a family or simply enjoy a quieter lifestyle, Menai is a suburb that offers a balanced and fulfilling way of life.

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  • Is it expensive to live in Menai?

    Living in Menai can be quite costly, especially when compared to other suburbs in Sydney. The median house price in Menai is around $1,580,000, which is a significant investment. If you're considering renting, the average rent for houses is about $885 per week, while units, although not as prevalent, average around $650 per week.

    When we look at the income side of things, the median total household income in Menai is approximately $2,575 per week. This is slightly above the Sydney average wage, which is around $98,000 per year or roughly $1,885 per week. Despite the higher household income, the substantial property prices and rental costs mean that living in Menai could take up a large chunk of your earnings.

    Overall, while Menai offers a peaceful suburban lifestyle with its green spaces and family-friendly atmosphere, the cost of living, particularly in terms of housing, can be demanding. If you're thinking of living in Menai, it's important to weigh your financial capabilities against the expenses associated with this appealing suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Menai a good place to invest?

    Menai presents a promising opportunity for property investors looking for steady growth and rental income. Over the past year, the suburb has seen a 6.3% increase in median house values, indicating a healthy demand for housing. This growth, coupled with a 4.1% rise in house rents, suggests that Menai is attracting renters and buyers alike, making it a stable choice for investment.

    While unit values have experienced a more modest increase of 3.4%, the lack of change in unit rents over the past year might appeal to investors seeking long-term tenants. Menai's family-friendly environment and proximity to natural reserves make it an attractive location for families and professionals, ensuring a consistent demand for housing. Overall, Menai offers a balanced investment landscape with potential for capital growth and rental returns, making it a solid option for those looking to invest in the real estate market.

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Choose the right real estate agents in Menai

There are 50 real estate agents working in Menai, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 45.3% of all sales in the past year.

Commission rates in Menai typically range from 1.55% to 2.7%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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