5 Lancewood StreetMedowie NSW 2318
Property Details for 5 Lancewood St, Medowie
Last Listing description (September 2023)
Discover the perfect canvas for your dream home in the heart of Medowie's newest boutique community - The Gardens Estate.
This vacant level 532 m2 block of land offers the ideal foundation for your vision, with all services conveniently connected for a smooth building process.
Embrace convenience with just a stroll to local shops, community facilities, making every day living a breeze.
Escape the hustle and bustle of city life - only approx. a 35 minute drive to Newcastle CBD, 13 minutes to Newcastle Airport (approx.) and approx. 25 minutes to the breathtaking Birubi Beach's rolling waves and white sandy shores.
Your dream home is limited only by your imagination. Create the sanctuary you've always wanted in this flourishing neighborhood.
Don't miss this rare opportunity to own a piece of the Gardens Estate. Contact Cath now to secure your future and build the life you've been dreaming of.
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Property History for 5 Lancewood St, Medowie, NSW 2318
- 12 Sep 2023Sold for $375,000
- 03 Aug 2023Listed for Sale AUCTION 26TH AUGUST
- 29 Jun 2022Sold for $377,000
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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 5,177 properties. Over the last 5 years, Houses in Medowie have seen a 71.27% increase in median value, while Units have seen a 27.39% increase. As at 31 July 2024:
- The median value for Houses in Medowie is $837,828 while the median value for Units is $399,963.
- Houses have a median rent of $615 while Units have a median rent of $443.
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