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Monkerai is a large rural area in the hills in the land between Dungog and Gloucester in Mid-Coast Council, in the Hunter Region, New South Wales, Australia.
Monkerai was traditionally timber and dairy country but in subsequent years has become grazing country. In 1981 the Tanelorn Music Festival was held on the property "Riverwood Downs" at Monkerai hosting 30,000 patrons. Riverwood Downs Mountain Valley Resort is now a major tourist resort and is the largest employer in the area.
Monkerai is in the foothills of World Heritage Barrington Tops and is surrounded by state forests and national parks, including the Black Bulga State Conservation Area.It boasts the following attractions - a public hall and a historic bridge.