OFF MARKET

488 Medway Road
Medway NSW 2577

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 116m2
Land area: 1638m2
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Property Details for 488 Medway Rd, Medway

488 Medway Rd, Medway is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 1638m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
2000
Floor Size
116m2
Land Size
1638m2
Local Government
Wingecarribee
Lot/Plan
7/2/DP758665

Last Listing description (February 2018)

Situated on a 1625sqm block in a rural setting this property has great potential to value add.
- Four bedrooms, two with built in robes

- Combined living and dining area with lino flooring, external access to rear yard and slow combustion wood heater
- Kitchen with wooden joinery, electric cooking, dishwasher and pantry
- Main bathroom with separate bath, shower, vanity and w.c plus separate additional w.c
- Internal laundry with external access and storage
- Covered concrete verandah opening to fenced backyard
- Separate studio at rear of property with kitchenette and bathroom
- Water tank and solar panels
- Currently tenanted with a combined rental return for the house and studio of $590 per week, both on expired leases
Easy access to the Hume Highway and only 5 minutes drive from the heart of Berrima. Perfect for investment, a weekender or renovation!

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Property History for 488 Medway Rd, Medway, NSW 2577

A timeline of how this property has performed in the market
Last Sold
$555,000
20 Feb 2018
Listed for Rent
$380/w
03 Feb 2015
  • 20 Feb 2018
    Sold for $555,000
  • 29 Aug 2017
    Listed for Sale $570,000
  • 29 Nov 2014
    Listed for Rent - Price not available
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About Medway 2577

The size of Medway is approximately 17.6 square kilometres. It has 1 park. The population of Medway in 2011 was 388 people. By 2016 the population was 110 showing a population decline of 71.6% in the area during that time. The predominant age group in Medway is 40-49 years. Households in Medway are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Medway work in a community and personal service occupation. In 2011, 79% of the homes in Medway were owner-occupied compared with 104.8% in 2016.

Medway has 75 properties. Over the last 5 years, Houses in Medway have seen a 89.82% increase in median value. As at 31 August 2024:

  • The median value for Houses in Medway is $1,218,321.
There are currently 2 properties listed for sale, and no properties listed for rent in Medway on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Medway.

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