OFF MARKET

11 Sunningdale Circuit
Medowie NSW 2318

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 727m2
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Property Details for 11 Sunningdale Cct, Medowie

11 Sunningdale Cct, Medowie is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 727m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Land Size
727m2
Local Government
Port Stephens
Lot/Plan
23/DP280004

Last Listing description (June 2023)

Set & forget is the best way to describe the benefits that renting thru DHA provides, this very well presented family home is located on the highly regarded Pacific Dunes Golf complex which offers access to the swimming pool, tennis courts & other amenities to the resident. Approximately 10 years young always maintained to a high level & featuring spacious living areas & set on a generous 747m2 lot ensures this is a perfect investment opportunity & an ideal retirement location once the lease has expired. Other features include:
Air-conditioning
Ceiling fans

Built-in robes to all bedrooms
Double Garage

LEASE DETAILS :
* Lease start date: 31 August 2021
* Lease end date: 30 August 2027
* All options/extensions are in DHA's favour.
* Current Gross rent $620p/week and reviewed annually .
* Built approx 2011

DHA LEASE BENEFITS:
* Guaranteed rent paid in advance, even when the property is vacant
* Annual market rent review service (conducted by an independent licensed valuer)
* Online services portal to view and manage your property
* The lessor will be entitled to a lease-end make-good which includes new paint and carpets (refer to the DHA Lease Agreement)
* Property Care program - DHA are responsible for organising and covering the cost of most non-structural repair and maintenance works, including the replacement of fixed appliances as needed
* Tenancy management - DHA take the pressure off managing the tenants, you do not have to inspect the property (however, this can be arranged on request)
* Emergency repair - in the event of emergency DHA will act quickly on your behalf
* Zero re-letting fees
These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.
* Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Neil Ross at Dowling Property Medowie on 0427828641.
**In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.

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Property History for 11 Sunningdale Cct, Medowie, NSW 2318

A timeline of how this property has performed in the market
Last Sold
$800,000
27 Jun 2023
  • 27 Jun 2023
    Sold for $800,000
  • 27 Oct 2022
    Listed for Sale $819,000
  • 03 Aug 2012
    Sold for $485,000
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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 5,211 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 61 properties listed for sale, and 17 properties listed for rent in Medowie on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Medowie.

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