23 Ferodale Road, Medowie NSW 2318
23 Ferodale Road, Medowie NSW 2318
4.34 ha rural parcel | 4 bed house with shed potential | quiet acreage pocket near Medowie shops | septic and horse-friendly land | lifestyle buyer draw
A rare large-land holding is offered within Medowie’s rural-residential belt, where 4.34 hectares are provided at a scale rarely found so close to the township. The four-bedroom, two-bathroom house is supported by two car spaces and a layout suited to families, hobby farmers, or those seeking space and privacy. Land this size is sought after for horse keeping, sheds, and outdoor lifestyles, and the street’s established acreage character reinforces the appeal. The property is best suited to buyers who value land over polished finishes and are prepared to manage septic systems and ongoing grounds maintenance.
Value may be shaped by house condition and outbuilding quality, as older finishes might affect perceived appeal. A premium might be commanded by the large land area, but septic, slashing, and fencing obligations may narrow demand. Marketability may be affected by slower acreage selling periods, so patient buyers might hold negotiating room.
>> Comparable Sales: 24 Ferodale Road sold for $1.1M in July 2025 | Property Price Band: $1.1M–$1.2M | Value Drivers: 4.34 ha land size, house condition, rural lifestyle position
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Ferodale Road, Medowie NSW 2318
Checks found:
Value Risk
✕
2
Liquidity Risk
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1
Planning Risk
✕
2
Income Risk
✓
Execution Risk
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1
Market Insight
Medowie, 34km north of Newcastle, combines semi-rural living with commuter access. Families, Defence personnel, and professionals drive demand, drawn by value for money, generous land sizes, and proximity to Newcastle. Median house prices range from $862,500 to $1.025m, with annual growth of 6.4%–11.6%. Houses sell in a median 30 days. Rental yields are 4.2% for houses and 5.2% for units, with Defence relocations underpinning rental demand. Future growth rests on residential development, retail expansion, infrastructure projects, and strong projected population growth. The key risk is that the market is overvalued and above its long-term trend as of early 2026, despite a 10-year CAGR of 8.1%.