Menah (postcode 2850) is a small, quiet locality in New South Wales within the Mid-Western Regional local government area. The area has roughly 186 residents and an older-leaning population, with a median age of 46. Households earn a median income of $115K per year, with an average household size of 2.7 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, professionals. Employment in the area leans toward agriculture and mining. The top ancestries reported are English, Australian, Irish.
Menah has a median house price of $1.0 million, which has dropped significantly by 19.4% year-on-year. The current median weekly rent is $590. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,282.
Public transport access includes 6 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 8.7x is considered moderate. House prices have moved -19.4% year-on-year.