41 Lewis Drive, Medowie NSW 2318

| 4,566sqm block | four-bedroom family house | Medowie’s long-owner street | 88% owner-occupied | urgent sale with motivated vendors | This property offers a rare combination of scale and configuration in a street with 88% long-term owner-occupiers, which suppresses turnover and supports price stability. The 4,566 square metre block with fully fenced perimeter, shed facilities, and outdoor entertaining areas positions it as a strong candidate for a family seeking space and privacy without leaving the Medowie market. The multiple living and dining areas and split system air conditioning add functional depth, and the rental yield of 3.38% provides a credible fallback if holding is preferred. It best suits a buyer who values land content and street quality over proximity to secondary schooling, given Irrawang High School is 9.8 kilometres away. The primary risk is the 31-day average days on market in Medowie, which suggests this property may require price discipline to transact quickly, especially with the urgent sale signal. The 2014 purchase price of $494,000 and current mid-range estimate of $1.24 million imply strong land appreciation, but the 3.38% rental yield is below many investors’ thresholds, reducing exit flexibility. The opportunity lies in the 4,566 square metre block’s potential for subdivision or future development, though no current approvals exist. For a buyer, this property should be held as a long-term family home or land bank, not flipped, and the motivated vendor context means a well-timed offer below the mid-range estimate is commercially sensible.