Suburb Profile Report for Medowie NSW (2318)

Medowie House: Median price $477,500, Annual capital growth 4.22%, Number of sales 194, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Medowie has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.30%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Medowie has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Medowie, 2318. Typically our figures indicate that -3.18% is being offered, which puts this NSW suburb at 3513th most discounted overall in Australia.

Residents and property investors in Medowie have been waiting around 62.52 days to sell a property.

Medowie, 2318’s gross rental yield is 4.30%

HOUSE UNIT
$477,500 N/A
1.38% N/A
7.30% N/A
4.22% N/A
$395 N/A
194 N/A
4.30% N/A
62.52 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 8843
Median household income ($/weekly) 1501
Median age of persons 34
Median housing loan repayment ($/monthly) 1777
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1460 16.5
    25-34 years 1147 13.0
    35-44 years 1390 15.7
    45-54 years 1248 14.1
    55-64 years 941 10.6
    Others 2658 30.1
    Age Group
    Census Count Percent(%)
    Registered Married 3547 58.2
    Not Married 1847 30.3
    Defacto Relationship 698 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 7716 90.4
    New Zealand 34 0.4
    Papua New Guinea 90 1.1
    United Kingdom 396 4.6
    Other 71 0.8
    Others 231 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 49 0.6
    Christianity 6289 76.2
    Judaism 8 0.1
    Other Religious Groups 18 0.2
    No Religion 1890 22.9
    Others 4 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 265 10.3
    $1,250-$1,499 257 10.0
    $1,500-$1,999 424 16.4
    $2,000-$2,499 349 13.5
    $2,500-$2,999 271 10.5
    Others 1012 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2776 43.3
    Not in the labour force 1927 30.0
    Employed, worked part-time 1222 19.1
    Employed, away from work 268 4.2
    Unemployed, looking for work 221 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 430 10.1
    Professionals 610 14.3
    Technicians & trades workers 924 21.7
    Community & personal service workers 486 11.4
    Clerical & administrative workers 669 15.7
    Others 1144 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 230 9.5
    Infants/Primary 994 40.9
    Secondary 676 27.8
    Technical or Further Educational Institution 212 8.7
    University or other Tertiary Institutions 256 10.5
    Others 60 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8259 98.6
    Flat, unit or apartment 67 0.8
    Semi-detached, row or terrace house, townhouse 45 0.5
    Improvised home, tent, sleepers out 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1409 49.7
    Fully owned 772 27.3
    Rented 647 22.8
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals