Get a property report and suburb profile for any property in Medowie

Medowie is a semi-rural suburb with leafy streets, larger lifestyle blocks and family-sized homes, so it tends to attract families and people who want room for gardens, hobby farms or outdoor pursuits. The town has a compact centre with local shops, schools and sporting fields and good road links to Williamtown and the wider Hunter region. Coastal beaches, estuaries and waterways of Port Stephens are within easy reach for boating and weekend getaways.

About 10,879 people live in Medowie and the community is largely family based, with couple families making up most households and owner-occupiers accounting for 77.7% of homes. A major local education upgrade is under way with a new high school due to open with an inaugural Year 7 intake, and the Medowie Town Centre Masterplan guides staged renewal and traffic, pedestrian and cycling improvements. That mix of space, local services and planned upgrades will suit people after a settled, owner-occupied suburb with room to spread out; whether it suits you depends on your priorities.

A median house in Medowie sits at $997,500, which is about 9.4 times a typical local household's annual income when using the weekly household income of $2,044 as recorded at the last Census. On that measure, buying a house sits well above what people locally earned at the last Census.

Renting is gentler by comparison: a house rent of $680 a week would take roughly a third of a typical local household's weekly income at the last Census (about 33.3%), while a unit at $500 a week would be around 24.5% of that weekly income. If you are renting the rent share is the number that matters; for buyers the price multiple is the relevant measure, and whether it feels expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

House values in Medowie climbed 18.3% over the past 12 months, a strong rise in capital value. Over the same period house rents edged up 1.5% while unit rents rose a modest 2.0%, so house price growth has outpaced rental growth this year and unit rents increased slightly more than house rents.

If rental income is your priority, the 2.0% rise in unit rents is the most relevant figure; if capital growth is your focus, the 18.3% lift in house values is the key number. Whether that suits your plans depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.