FOR SALE
EOI - Expires 16th Dec 24

42 Brocklesby Road
Medowie NSW 2318

Bedrooms: 5
Bathrooms: 2
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, 2 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 5,238 properties. Over the last 5 years, Houses in Medowie have seen a 63.04% increase in median value, while Units have seen a 49.06% increase. As at 30 November 2024:

  • The median value for Houses in Medowie is $825,229 while the median value for Units is $495,891.
  • Houses have a median rent of $620 while Units have a median rent of $460.
There are currently 63 properties listed for sale, and 24 properties listed for rent in Medowie on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Medowie.

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Suburb Insights for Medowie 2318

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Tania Micallef
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Raine & Horne Newcastle
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