OFF MARKET

785 Medowie Road
Medowie NSW 2318

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 195m2
Land area: 1518m2
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Property Details for 785 Medowie Rd, Medowie

785 Medowie Rd, Medowie is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 1518m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1960
Floor Size
195m2
Land Size
1518m2
Local Government
Port Stephens
Lot/Plan
4/DP260883

Last Listing description (June 2023)

Are you in search of a fantastic investment opportunity in the beautiful Medowie area? Look no further! We are thrilled to present a rare find, an entire block with three residential units, now available for sale. This is your chance to secure not just one, but three properties in one go!

All being on one title on a 1,539 sqm block of land. Each 2 bedroom, 1 bathroom, 1 garage unit is currently tenanted with a combined income of $1,140 per week. The position of this block is right in the heart of Medowie backing onto the Town Centre Precinct and offering endless future potential (STCA). Surrounded by a rapidly growing commercial area will make this a keen purchase by the astute investor.

This location is always popular with prospective tenants due to its location and ease of access to all required amenities such as Coles, Woolworths, Chemists, Post Office/Newsagency, McDonald's, Doctors, Gym, Physios and other establishments currently under construction.

With loads of options and oozing with future potential, take advantage of this rare find and secure this property for a truly incredible investment.

For more information or to obtain a copy of the contract, please contact us via email - office@dowlingmedowie.com.au or by phone 02 4982 8955

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.

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Property History for 785 Medowie Rd, Medowie, NSW 2318

A timeline of how this property has performed in the market
Last Sold
$1,265,000
14 Jun 2023
  • 14 Jun 2023
    Sold for $1,265,000
  • 16 May 2023
    Listed for Sale $1,295,000
  • 27 Jun 2022
    Listed for Sale $1,425,000

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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.
There are currently 74 properties listed for sale, and 6 properties listed for rent in Medowie on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Medowie.

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