A rare opportunity has arisen to purchase what is arguably one of Medowie's best blocks on the outskirts of the town centre. This farm is an ideal future investment with potential for future subdivision (STCA).
The block is 65 acres of level land in the heart of one of Ports Stephens fastest growing suburbs. There is even a rustic 3 bedroom cabin that's being offered fully furnished with great size living areas, functional kitchen and sparkling in ground pool, surrounded by hedges and large trees for shade and pretty gardens.
This property has mains water connected and is on septic. The level pastures would be ideal for horses or cattle, or someone just wanting an escape from the rat race and be close to all of the stunning beaches of Nelson Bay only 25 minutes away, the airport just 10 mins down the road and 30 mins to Newcastle City.
Every care has been taken to verify the accuracy of the information contained in this advertising copy but no warranty (either expressed or implied) is given by Raine & Horne or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
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:
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