FOR SALE
Sale Price Unavailable

Contact Agent For Address
Medowie NSW 2318

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 958m2
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MEDOWIE INVESTMENT 958SQM BLOCK - LEASED TO DHA UNTIL OCT 2026 - WITH OPTION TO OCCUPY OR EXTEND THE LEASE WITH DHA

INVESTORS take note, this DHA (Defence Housing Australia) investment property is set on a massive 958sqm block and situated in high demand Pacific Dunes Estate in Medowie. The property is currently under lease to DHA (Defence Housing Australia) with guaranteed rent until October 2026, there is no 3 year option to extend available, this means the owner/s can move in at lease end date (Oct 2026) with a new coat of paint and new carpets or potentially extend the lease with DHA (DHA will notify owner/s at least 6 months prior to lease end date of their desire to extend the lease).
LEASE DETAILS:
* Lease dates : 14/10/2011 - 13/10/2026
* Lease option: Used
* Right to vary: 1 x up to 12 month reduction and 1 x up to 12 month extension
* Important Note: The 12 month right to vary are at DHA’s discretion.
CURRENT RENT 2024 - $650 PW and adjusted annually through an independent professional valuation.
MEDOWIE is only a 30-minute drive to Newcastle CBD whilst also being in close proximity to Newcastle Airport and some of the most amazing beaches Port Stephens, and its surrounds, has to offer. Pacific Dunes Estate is built around an 18-hole championship golf course where residents enjoy exclusive luxuries with access to an on-site pool, tennis courts, parks and BBQ area, it's a short stroll to the Pacific Dunes Green House Eatery plus the brand-new Catherine McAuley Catholic college is only a short distance away.
PROPERTY FEATURES:
* 4 bedrooms / 2 bathrooms
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Property Details for Contact Agent For Address, Medowie

Contact Agent For Address, Medowie is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 958m2. The place is currently for sale with Hudson Property.

Building Type
House
Land Size
958m2

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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 5,236 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 60 properties listed for sale, and 20 properties listed for rent in Medowie on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Medowie.

Suburb Insights for Medowie 2318

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Contact agent
Jenny Andrew
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Hudson Property
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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.