Property Statistics

Menai

Suburb Profile

Area Profile

The size of Menai is approximately 15 square kilometres. It has 4 parks.

The population of Menai in 2006 was 9,206 people. By 2011 the population was 10,532 showing a population growth of 14% in the area during that time.

The predominant age group in Menai is 0-14 years.

Households in Menai are primarily couples with children and are likely to be repaying between $3000 - $4000 per month on mortgage repayments.

In general, people in Menai work in a Professional occupation.

In 2006, 77.7% of the homes in Menai were owner-occupied compared with 80.6% in 2011.

Currently the median sales price of houses in the area is 747,000.


Median Sale Price

 

Year 2012

Year 2013

Year 2014

 

Period

Median Price

Median Price

Median Price

 

January

$614,500

$660,000

$679,000

 

February

$695,000

$702,000

$878,000

 

March

$769,250

$732,500

$747,000

 

April

$683,000

$865,000

$0

 

May

$612,500

$735,000

$0

 

June

$710,000

$615,000

$0

 

July

$758,000

$745,000

$0

 

August

$637,500

$725,000

$0

 

September

$707,000

$790,000

$0

 

October

$738,000

$820,000

$0

 

November

$732,500

$735,000

$0

 

December

$690,100

$768,000

$0

 

 

Recent Median House Sale Prices

 

Menai

Sutherland LGA

 

Period

Median Price

Median Price

 

March 2014

$747,000

$870,000

 

February 2014

$878,000

$855,000

 

January 2014

$679,000

$850,000

 

December 2013

$768,000

$860,000

 

November 2013

$735,000

$861,500

 

October 2013

$820,000

$870,000

 

September 2013

$790,000

$863,000

 

August 2013

$725,000

$812,500

 

July 2013

$745,000

$757,500

 

June 2013

$615,000

$787,500

 

May 2013

$735,000

$800,000

 

April 2013

$865,000

$806,500

 

 

Recent Median Unit Sale Prices

 

Menai

Sutherland LGA

 

Period

Median Price

Median Price

 

March 2014

$608,000

$574,250

 

February 2014

$556,750

$536,000

 

January 2014

$556,000

$570,000

 

December 2013

$561,000

$550,000

 

November 2013

$587,500

$565,000

 

October 2013

$558,000

$535,000

 

September 2013

$552,000

$539,625

 

August 2013

$480,000

$531,000

 

July 2013

$486,000

$512,500

 

June 2013

$580,000

$506,000

 

May 2013

$530,000

$531,000

 

April 2013

$490,000

$490,000

 

 

Recent Median Land Sale Prices

 

Menai

Sutherland LGA

 

Period

Median Price

Median Price

 

March 2014

$902,000

$1,200,000

 

February 2014

$385,000

$500,000

 

January 2014

$385,000

$465,000

 

December 2013

$702,500

$550,000

 

November 2013

$702,500

$550,000

 

October 2013

$702,500

$550,000

 

September 2013

$450,000

$521,000

 

August 2013

$450,000

$671,750

 

July 2013

$450,000

$545,000

 

June 2013

$450,000

$545,000

 

May 2013

$605,000

$810,000

 

April 2013

$515,000

$490,000

 

 

House Sales Per Annum

 

Menai

 

Period

Number

 

2014

32

 

2013

116

 

2012

93

 

2011

107

 

2010

123

 

2009

119

 

2008

104

 

2007

138

 

2006

78

 

2005

101

 

 

Unit Sales Per Annum

 

Menai

 

Period

Number

 

2014

15

 

2013

51

 

2012

46

 

2011

68

 

2010

59

 

2009

76

 

2008

52

 

2007

65

 

2006

65

 

2005

67

 

 

Land Sales Per Annum

 

Menai

 

Period

Number

 

2014

2

 

2013

11

 

2012

9

 

2011

13

 

2010

44

 

2009

1

 

2008

1

 

2007

2

 

2006

6

 

2005

8

 

 

House Sale by Price (12 months)

 

Menai

 

Price

Number

 

0 - 100k

0

 

101 -150k

0

 

151 - 200k

0

 

201 - 250k

0

 

251 - 300k

0

 

301 - 400k

0

 

401 - 500k

0

 

501 - 600k

7

 

601 - 750k

43

 

751 - 1m

40

 

> 1m - 1.25m

6

 

1.25m+

2

 

 

Unit Sale by Price (12 months)

 

Menai

 

Price

Number

 

0 - 50k

0

 

51 - 75k

0

 

76 - 100k

0

 

101 - 125k

0

 

126 - 150k

0

 

151 - 175k

0

 

176 - 200k

0

 

201 - 250k

0

 

251 - 300k

1

 

301 - 400k

0

 

401 - 500k

4

 

501 - 750k

37

 

751 - 1m

2

 

1m +

0

 

 

Land Sale by Price (12 months)

 

Menai

 

Price

Number

 

0 - 50k

0

 

51 - 75k

0

 

76 - 100k

0

 

101 - 125k

0

 

126 - 150k

0

 

151 - 175k

0

 

176 - 200k

0

 

201 - 250k

0

 

251 - 300k

0

 

301 - 400k

1

 

401 - 500k

1

 

501 - 750k

1

 

751 - 1m

2

 

1m +

0

 

 

Capital Growth in Median Prices (Houses)

 

Menai

Sutherland LGA

 

Period

% Change

% Change

 

2013

3.7%

6.9%

 

2012

0.3%

2.7%

 

2011

4.1%

0.7%

 

2010

9.7%

13.1%

 

2009

3.3%

4.8%

 

2008

8.8%

0%

 

2007

-7.6%

3.5%

 

2006

5.6%

0.7%

 

2005

-3%

-6.5%

 

2004

3.5%

1.8%

 

 

Capital Growth in Median Prices (Unit)

 

Menai

Sutherland LGA

 

Period

% Change

% Change

 

2013

6.4%

6.1%

 

2012

3.5%

5.4%

 

2011

3.4%

1.1%

 

2010

8.4%

13.6%

 

2009

8.4%

9.2%

 

2008

1.8%

-3.6%

 

2007

3.7%

1.3%

 

2006

-5.8%

-1.8%

 

2005

-4.2%

-3.9%

 

2004

2.4%

0.6%

 

 

Capital Growth in Median Prices (Land)

 

Menai

Sutherland LGA

 

Period

% Change

% Change

 

2013

14.1%

3.3%

 

2012

-6.1%

6%

 

2011

0%

2%

 

2010

40%

25.8%

 

2009

-23.9%

-15.3%

 

2008

28.2%

-7.4%

 

2007

-38.7%

-5.9%

 

2006

31.5%

5.6%

 

2005

-13.6%

-2.9%

 

2004

6.7%

19.8%

 

 

Household Structure

Type

Percent

 

Couples with Children

58.3

 

Childless Couples

19.0

 

Single Parents

8.8

 

Other

7.8

 

Lone Households

5.1

 

Group Households

1.0

 

 

Household Occupancy

Type

Percent

 

Purchaser

50.4

 

Owns Outright

30.2

 

Renting

17.5

 

Other

2.0

 




 

Age Sex Ratio 

 

Menai

Sutherland LGA

 

Age Group

Male %

Female %

Male %

Female %

 

0-14

12.0

11.0

10.0

9.0

 

15-24

8.0

8.0

6.0

6.0

 

25-34

5.0

5.0

6.0

6.0

 

35-44

7.0

8.0

7.0

8.0

 

45-54

8.0

9.0

7.0

7.0

 

55-64

6.0

6.0

6.0

6.0

 

65-74

2.0

3.0

4.0

4.0

 

75-84

1.0

1.0

2.0

3.0

 

85-

0.0

0.0

1.0

1.0

 

 

 Household Income

Income Range

Menai %

Sutherland LGA %

 

0-15K

2.8

2.8

 

15-31K

8.3

11.3

 

31-52K

10.7

13.0

 

52-78K

11.7

12.9

 

78-130K

23.9

21.2

 

130-180K

22.1

18.2

 

180K-

9.8

9.4