New South Wales

Medowie

This dual income property is the ideal investment: high growth, healthy rental yield & low vacancy.

Positive Income Of
$8,892 p.a.


Dual property and land available from $705,387.

  • Growth

    8%

    next 5 years

  • Rent P.W.

    $830

    6.1% yield

  • Vacancy

    0.9%

    last year



The property images are illustrations and artist impressions only. Facades, textures & colours may vary. The house statistics relate to statistical information obtained from Residex Pty Limited and ABS Census 2018 statistics for Medowie (NSW) SSC. See positive income calculation and assumptions here.

Location

A peaceful location for families

The estate borders on the tranquil Medowie State Conservation Area and has easy access to shops, schools, employment, the Newcastle Airport and the RAAF base at Williamtown.

Good area demographics

High proportion of owner-occupiers indicates Medowie is a desirable area to live.

  • OWNER-OCCUPIER

    74%

    vs 23% rented

  • AGE 20-34

    18%

    likely to rent

Amenities

Amenities easily accessible

The township of Medowie offers supermarkets, doctors, pharmacies, solicitors and a bakery. 5-10 mins drive are schools, sporting grounds, lifestyle and recreational facilities by Grahamstown Lake.

Population growth

In the Port Stephen's Council area, the population is set to increase by 7,200 to 17,500 by 2036.

  • Population

    9,563

    Median age: 36

  • Dwellings

    3,348

    Families: 2,643

  • EMPLOYMENT

    8,500
    jobs

    The RAAF Williamtown’s $500 million aerospace centre will add 8,500 jobs to the region.

  • DEVELOPMENT

    $700mln
    revitalisation project

    The second stage of the revitalisation project in the East End precinct will include 129 apartments.

  • EDUCATION

    2ha
    expansion plans

    Development of the 2 ha super-lot to increase education space, student accommodation and public area

Risk Minimisation Guarantees

Properties backed by our guarantees

  • Market Price

    Pay market price for DPN’s property with no extra fees for DPN's services

  • Fixed Price

    Locked-in prices for newly built homes with all inclusions ready for rental

  • Fixed build Time

    Build times are fixed ranging from 16 to 26 weeks or you’re paid compensation weekly

  • Tenant Gap

    If unrented 6 weeks after handover, receive 92% of the base rental estimate from week 7

  • Rental Yield

    You’re guaranteed a minimum of 92% of the base rental estimate for 2 years

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