3H/6 Schofield Place

Menai NSW 2234

The size of Menai is approximately 13.6 square kilometres. It has 24 parks covering nearly 17.8% of total area. The population of Menai in 2011 was 10,529 people. By 2016 the population was 10,275 showing a population decline of 2.4% in the area during that time. The predominant age group in Menai is 50-59 years. Households in Menai are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Menai work in a professional occupation. In 2011, 80.6% of the homes in Menai were owner-occupied compared with 80.7% in 2016.

Menai has 3,984 properties. Over the last 5 years, Houses in Menai have seen a 60.58% increase in median value, while Units have seen a 43.01% increase. As at 30 September 2024:

• The median value for Houses in Menai is $1,595,456 while the median value for Units is $1,047,847.
• Houses have a median rent of $850 while Units have a median rent of $750.