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42 Brocklesby Road
Medowie NSW 2318

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Land area: 2.51ha
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6.2 Acres - Land Investment Opportunity

Unlock the potential of this expansive 2.51-hectare (6.2 acres) parcel in the heart of Medowie! This property features a 5-bedroom home that is in need of renovations, making it an ideal investment opportunity for those looking to capitalise on a prime location with significant growth potential.
Key Features:
With over 2.5 hectares of land, this property offers ample space for development or the creation of a private retreat. The existing home presents a unique opportunity to renovate or rebuild, allowing you to tailor the space to your vision and significantly increase its value.
Strategic Location:
Located conveniently close to local amenities, schools, and parks, this property is perfectly situated for future development. The appeal of a spacious family home in a friendly neighborhood adds to the attractiveness of this investment, making it a sought-after option for families and individuals alike.
Investment Highlights:
Medowie is a growing suburb, and with increasing demand for residential properties, this land investment is well-timed. The possibilities are endless-whether you envision a residential development, agricultural use, or a serene private oasis, this property can accommodate your plans.
Market Potential:
Invest in a property that benefits from a unique blend of urban conveniences and the tranquility of nature. This area's ongoing growth and development provide a strong market potential, ensuring that your investment will appreciate over time.
Don't miss this opportunity to invest in a property with endless potential!
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Property Details for 42 Brocklesby Rd, Medowie

42 Brocklesby Rd, Medowie is a 5 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 2.51ha. The place is currently for sale with Raine & Horne Newcastle.

Building Type
House
Land Size
2.51ha

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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.

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Tania Micallef
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Raine & Horne Newcastle
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