23/587 Old Illawarra Rd, Menai NSW 2234
Menai Unit
Technical details
How this sale compares
Sold for $1,090,000 in Aug 2024, up $330,000 (43%) on the $760,000 paid in Dec 2015. That is about 4.2% a year over 8.7 years.
Over the same period the median unit price in Menai rose 42%, from $688,000 in 2015 to $980,000 in 2024.
The 2024 sale was 11% above the Menai median unit price for that year ($980,000 across 51 sales).
Since then the median unit price in Menai has risen 17%, from $980,000 in 2024 to $1,150,000 over the last 12 months (44 sales).
Menai medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Menai sold prices by year.
Rent and yield
Units in postcode 2234 rented for a median $680 a week, from 39 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $1,090,000 on 7 Aug 2024, that rent is a gross yield of 3.2% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Menai.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 7 Aug 2024 | 18 Sep 2024 | $1,090,000 | - | - | - | 23/SP62900 |
| 2 Dec 2015 | 23 Dec 2015 | $760,000 | - | - | - | 23/SP62900 |
$1,090,000 Sold 7 Aug 2024
Settled18 Sep 2024
Beds-
Baths-
Cars-
Title reference: 23/SP62900
$760,000 Sold 2 Dec 2015
Settled23 Dec 2015
Beds-
Baths-
Cars-
Title reference: 23/SP62900
Other sales at 587 Old Illawarra Rd
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 8 | 14 Aug 2026 | 9 Oct 2026 | $1,160,000 | - | - | - | 8/SP62900 |
| 20 | 12 Aug 2022 | 7 Oct 2022 | $820,000 | - | - | - | 20/SP62900 |
| 14 | 27 Jun 2022 | 19 Jul 2022 | $875,000 | - | - | - | 14/SP62900 |
| 1 | 10 Feb 2022 | 30 Mar 2022 | $907,000 | - | - | - | 1/SP62900 |
| 19 | 7 May 2021 | 2 Jul 2021 | $867,000 | - | - | - | 19/SP62900 |
| 12 | 6 Aug 2020 | 17 Sep 2020 | $770,000 | - | - | - | 12/SP62900 |
| 18 | 27 Oct 2019 | 29 Nov 2019 | $821,000 | - | - | - | 18/SP62900 |
| 15 | 24 Jan 2018 | 6 Apr 2018 | $765,000 | - | - | - | 15/SP62900 |
| 17 | 22 Dec 2014 | 13 Feb 2015 | $620,000 | - | - | - | 17/SP62900 |
$1,160,000 Sold 14 Aug 2026
Title reference: 8/SP62900
$820,000 Sold 12 Aug 2022
Title reference: 20/SP62900
$875,000 Sold 27 Jun 2022
Title reference: 14/SP62900
$907,000 Sold 10 Feb 2022
Title reference: 1/SP62900
$867,000 Sold 7 May 2021
Title reference: 19/SP62900
$770,000 Sold 6 Aug 2020
Title reference: 12/SP62900
$821,000 Sold 27 Oct 2019
Title reference: 18/SP62900
$765,000 Sold 24 Jan 2018
Title reference: 15/SP62900
$620,000 Sold 22 Dec 2014
Title reference: 17/SP62900
Recent sales on Old Illawarra Rd
Sold in the last two years.
- 4/595 Old Illawarra Rd, Menai 2234 $1,400,000 sold 2 Apr 2026
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 9 Miller Pl, Menai 2234 $1,765,000 sold 19 Aug 2026, 655 m²
- 10/31 Mina Rd, Menai 2234 $1,250,000 sold 28 Jul 2026
- 8 Kippax Pl, Menai 2234 $1,785,000 sold 8 Jul 2026, 858 m²
- 2 Davidson Rd, Menai 2234 $1,900,000 sold 6 Jul 2026, 754 m²
- 3 D/6 Schofield Pl, Menai 2234 $920,000 sold 18 May 2026
- 12 E/6 Schofield Pl, Menai 2234 $900,000 sold 4 May 2026
- 6/18 Daintree Way, Menai 2234 $1,037,500 sold 24 Apr 2026
- 4 Oakwood Way, Menai 2234 $1,220,000 sold 16 Apr 2026, 6,161 m²