Menai, NSW
UNDERVALUED8,582 sales · 36 years of data · NSW, Australia
Menai, NSW Property Market Overview
Menai, NSW, postcode 2234, is a well-established residential suburb located in the Sutherland Shire, south of Sydney. With a rich history of property transactions, the area boasts 8,582 recorded sales over the past 36 years. The current median property price across all dwelling types in Menai is $1,330,000.
Menai offers a diverse range of housing options, reflected in its separate median prices for houses ($1,690,000) and apartments ($1,140,000). This suburb provides a blend of established homes and more recent apartment developments, catering to a variety of lifestyles and budgets. Its long-term growth, measured by compound annual growth rates (CAGR), showcases its enduring appeal to homeowners and investors alike.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Menai
Top streets in Menai, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Hall Dr | $1,640,000 |
| 2 | Beaumaris Dr | $1,865,000 |
| 3 | Windle Pl | $1,720,000 |
| 4 | Menai Rd | $1,260,500 |
... and 308 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Menai Rd | $4,522/m² |
| 2 | Allen Pl | $3,289/m² |
| 3 | Popperwell Dr | $3,764/m² |
| 4 | Ashwood Cl | $4,266/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Portmadoc Dr | +6.5% |
| 2 | Nicolson Cct | +9.1% |
| 3 | Carter Rd | +7.5% |
| 4 | Catalpa Gr | +5.7% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 92 Allison Cres | $835,000 |
| 2 | 35 Menai Rd | $1,177,500 |
... and 83 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Menai analysis
312 streets and 87 buildings to explore
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Menai at a Glance
Menai, NSW
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Local Amenities
Living in Menai, NSW
Menai offers a blend of suburban tranquility and convenient access to amenities. Families are drawn to the area for its reputable schools, including Menai High School and Menai Public School. The suburb boasts several parks and recreational areas, such as Parc Menai, providing ample green space for outdoor activities.
Shopping needs are well catered for by the Menai Marketplace, which features a variety of retail outlets and supermarkets. While Menai doesn't have its own train station, nearby stations like Sutherland and Loftus provide access to the Sydney rail network. The community in Menai is generally considered family-oriented and community-minded, fostering a welcoming atmosphere for residents.
Who Buys in Menai?
Menai attracts a diverse range of buyers, including families, professionals, and downsizers. The presence of quality schools makes it appealing to families with children. The median house price of $1,690,000 suggests an established demographic, while the median apartment price of $1,140,000 may attract first home buyers or those seeking more affordable options. The 4.5% 10-year CAGR indicates a history of steady growth, which can appeal to buyers looking for long-term value. The 20.2% strata percentage provides options for those seeking apartment living.
Market Analysis
The Menai property market, as of early 2026, is currently positioned below its long-term trend. This indicates that Menai is in undervalued territory within its historical property cycle.
This cycle position suggests that property prices in Menai are currently lower than what historical trends would indicate. While this doesn't guarantee future price increases, it does provide a snapshot of the market's current standing relative to its past performance.
Is Menai a Good Investment?
Menai's property market has demonstrated consistent growth over the long term, as evidenced by its 5.4% full-period CAGR. The 4.5% 10-year CAGR and 5.3% 20-year CAGR further highlight its historical performance. These growth rates, coupled with the suburb's established infrastructure and family-friendly environment, contribute to its appeal.
Currently, as of early 2026, Menai is positioned below its long-term trend, indicating an undervalued market. This cycle position suggests that property values are currently lower than what historical trends would predict. The long-term growth combined with the current cycle position could be of interest to those observing the Menai property market.
Menai Market Outlook
As of early 2026, the Menai property market is currently in undervalued territory, positioned below its long-term trend. Recent price trends indicate a market that is currently in a recovery phase. This cycle position, combined with historical growth rates, suggests a market that is worthy of observation for those interested in the Sutherland Shire property landscape.
Streets & Location in Menai, NSW
Menai, postcode 2234, is characterised by a network of established streets, with a total of 312 streets shaping the suburb's layout. Among the notable streets, Menai Road, Nicolson Circuit, and Carter Road are recognised for their higher median property prices. The suburb's location within the Sutherland Shire provides residents with access to a range of amenities and natural surroundings.
Market Dynamics
The Menai property market demonstrates a relatively efficient transaction process, with an average settlement timeframe of 54 days. This suggests a streamlined process from sale agreement to finalisation. Data related to quick-flip activity is currently unavailable. These settlement times provide insights into the pace of property transactions within Menai.
Development & Density
Menai features a mix of housing types, with 87 apartment buildings contributing to the overall development density. The suburb maintains a balance between detached houses and higher-density living options. The strata percentage of 20.2% reflects the proportion of apartment-style living within Menai. This mix caters to diverse housing preferences within the community.
Growth & Property Mix
Historically, Menai has experienced solid growth in property values. Over the past 10 years, the suburb has seen a compound annual growth rate (CAGR) of 4.5%. Looking further back, the 20-year CAGR stands at 5.3%, while the full-period CAGR, encompassing the entire 36-year dataset, is 5.4%. The property mix in Menai consists of both houses and apartments, with approximately 20.2% of properties being strata titled apartments.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.