Postcode: 2318
LGA: Port Stephens
Its high population turnover might be because of its proximity to the RAAF base, but Medowie is fast becoming a real estate magnet in its own right.
Home to larger blocks and newer homes, two fresh housing developments, and three retirement villages, the Port Stephens suburb is undergoing an economic boom.
Curtis and Blair Real Estate managing director Jane Blair, who has lived in the area for more than 25 years, says Medowie is the perfect “meet in the middle” for workers in Newcastle, Nelson Bay and Maitland.
With the Newcastle Airport expansion expected to be completed in 2024, Ms Blair says now is the best time to invest in the popular suburb.
Medowie means “the place of the tall trees”.
Located on the edge of Grahamstown Dam, Medowie is surrounded by open bushland, the Medowie State Conservation Area, The Tilligerry State Conservation Area and the Moffatt Swamp Nature Reserve.
By 2040, Medowie’s population is projected to grow to 15,000 people.
Median House Price: $890,000
House price growth: up 9.93 in 12 months
Median Rent: $590/week
Suburb snapshot:
In recent years Medowie has welcomed its first McDonald’s Restaurant, 24-hour gym and Chemist Warehouse, as well as a six-bay ambulance station, 7-Eleven service station, tavern, and commercial precinct comprising a retail, medical and childcare centre.
The Port Stephens suburb has also had a population boom, growing from a little over 9,500 in 2016, to 10,800 in 2021.
“It’s such an in demand area at the moment,” Ms Blair says.
“Everyone is craving more open space and we have that here.
“It’s also about getting more ‘bang for your buck’ and you can do that in Medowie.”
MEDOWIE
Schools: 4
Childcare: 7
Dining: 7
Churches: 3
Sports Centre: 1
Golf Course: 1
8 Turnberry Lane Medowie
4 bed 2bath 2 car
Detail $1,100,000 Sold on 10/02/23
Agent Jane Blair
45 Portmarnock Close Medowie
4 bed 2bath 2 car
Detail $1,550,000 Sold on 02/05/23
Agent Jane Blair
49 Maya Drive Medowie
5 bed 3bath 4 car
Detail $1,190,000 Sold on 23/01/23
Agent Jane Blair
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