FOR SALE
$489,000

11 Gum Tree Way
Medowie NSW 2318

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 753m2
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LARGE BLOCK, LARGE OPPORTUNITY!

This expansive 752.7 square metre block in the prestigious Gardens Estate, Medowie, offers a rare chance to build your ideal home in a serene and thriving community.
Key Features:
• Generous Size: A substantial 752.7 sqm, providing ample space for a spacious home, lush gardens, and outdoor entertaining areas.
• Prime Location: Situated in The Gardens Estate, known for its tranquil ambiance, family-friendly environment, and proximity to essential amenities.
• Convenience: Close to local schools, shopping centres, parks, and recreational facilities. Easy access to Medowie Road and a short drive to Newcastle CBD.
• Natural Beauty: Enjoy the scenic beauty and green spaces that The Gardens Estate is renowned for, creating a perfect backdrop for your new home.
• Future Growth: Medowie is a growing suburb with promising future developments, ensuring a wise investment for years to come.
Imagine the Possibilities:
• Design and build a custom home that suits your lifestyle.
• Create a backyard oasis for relaxation and entertainment.
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Property Details for 11 Gum Tree Way, Medowie

Building Type
Land
Land Size
753m2

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About Medowie 2318

The size of Medowie is approximately 42.8 square kilometres. It has 22 parks covering nearly 15.9% of total area. The population of Medowie in 2011 was 8,843 people. By 2016 the population was 9,581 showing a population growth of 8.3% in the area during that time. The predominant age group in Medowie is 0-9 years. Households in Medowie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Medowie work in a trades occupation. In 2011, 75.8% of the homes in Medowie were owner-occupied compared with 74.3% in 2016.

Medowie has 5,205 properties. Over the last 5 years, Houses in Medowie have seen a 65.70% increase in median value, while Units have seen a 50.92% increase. As at 31 October 2024:

  • The median value for Houses in Medowie is $827,440 while the median value for Units is $490,403.
  • Houses have a median rent of $620 while Units have a median rent of $450.
There are currently 60 properties listed for sale, and 8 properties listed for rent in Medowie on OnTheHouse. According to CoreLogic's data, 232 properties were sold in the past 12 months in Medowie.

Suburb Insights for Medowie 2318

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Kyra Curtis
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Craig Hesse
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Dowling Property Medowie
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.