Thinking about buying in Medway? Now could not be a better time, with just 90 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,131,000 with prices in this suburb ranging from $123,000 to $6,955,000. The aproximate distance to the coast is 50 Km.

Medway Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Medway is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Medway changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Medway the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Medway

494 MEDWAY RD, MEDWAY, NSW, 2577

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1350000

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Recently Sold Properties / House Prices

18-12-2023	$550,000	496 MEDWAY RD
20-03-2023	$1,950,000	106 LIEBMAN RD
09-05-2022	$3,000,000	298 MEDWAY RD
18-03-2022	$60,431,950	339 MEDWAY RD
22-10-2021	$1,090,000	2 RAILWAY PDE
13-10-2021	$415,000	494 MEDWAY RD
12-08-2021	$1,650,000	481 MEDWAY RD
26-07-2021	$853,500	22 RAILWAY PDE
21-05-2021	$1,300,000	486 MEDWAY RD
27-07-2020	$92,000	123 MEDWAY RD
19-03-2020	$699,000	504 MEDWAY RD
18-12-2018	$675,000	508 MEDWAY RD
15-10-2018	$725,000	465 MEDWAY RD
23-04-2018	$555,000	488 MEDWAY RD
08-02-2018	$1,500,000	298 MEDWAY RD
17-01-2018	$635,000	2 RAILWAY PDE
22-11-2017	$590,000	500 MEDWAY RD
09-06-2017	$3,410,000	65 LIEBMAN RD
19-08-2016	$445,000	510 MEDWAY RD
14-08-2015	$310,000	16 RAILWAY PDE
24-06-2015	$230,000	486 MEDWAY RD
20-03-2015	$855,000	299 MEDWAY RD
23-01-2015	$369,000	6 RAILWAY PDE
30-07-2014	$387,000	4 RAILWAY PDE
02-07-2014	$866,000	339 MEDWAY RD
15-04-2014	$335,000	10 RAILWAY PDE
09-01-2014	$475,000	423 MEDWAY RD
18-12-2013	$525,000	477 MEDWAY RD
30-05-2013	$419,000	20 RAILWAY PDE
15-04-2013	$760,000	425 MEDWAY RD
29-11-2012	$770,000	72 MEDWAY RD
29-11-2012	$2,440,000	66 LIEBMAN RD
28-09-2012	$525,000	136 LIEBMAN RD
14-09-2012	$135,000	500 MEDWAY RD
01-06-2011	$270,000	480 MEDWAY RD

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Nearby Suburbs

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Public Transport

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General Points of Interest

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