SOLD
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Sold on 05 Aug 2024 for $450,000

1/8 Le Mottee Close
Medowie NSW 2318

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 677m2
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Property Details for 1/8 Le Mottee Cl, Medowie

1/8 Le Mottee Cl, Medowie is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 677m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Medowie in the last 12 months.

Building Type
House
Land Size
677m2

Last Listing description (August 2024)

Presenting to you, a two-bedroom investment property in a quiet cul-de-sac close to local parks and schools. 1/8 Le Mottee Close is currently tenanted, providing you immediate and steady rental income. Medowie is a rapidly growing suburb with a strong rental market, making this an ideal location for a property investment.

Property Features:
• two well sized bedrooms with built in wardrobes and a ceiling fan in the main

• neat and tidy kitchen with electric appliances
• well-appointed bathroom with tub
• reverse cycle air conditioning
• garden shed
• fully enclosed backyard backing on to Kindlebark Oval

Invest smartly with this property and watch your portfolio grow!

DISCLAIMER: This advertisement contains information provided by their parties. While all care is taken to ensure otherwise, Dowling Real Estate Medowie, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.

Property History for 1/8 Le Mottee Cl, Medowie, NSW 2318

A timeline of how this property has performed in the market
Last Sold
$450,000
05 Aug 2024
Listed for Rent
$250/w
06 Jan 2017
  • 05 Aug 2024
    Sold for $450,000
  • 19 Jun 2024
    Listed for Sale MARKET PREVIEW
  • 05 Jan 2017
    Listed for Rent $250 / week
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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.

Suburb Insights for Medowie 2318

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Contact agent
Craig Hesse
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Kyra Curtis
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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.