Medway
NSW, 2577
-
Wingecarribee
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.
Household Makeup
| Median Weekly Rent | $392.75 |
| Median Monthly Mortgage | $2270.75 |
| Median Persons Per Bedroom | 0.68 |
| Average Household Size | 3.00 |
| Average Age | 49.75 |
| Average Income | $862.50 |
| Average Cars Per Dwelling | 2.36 |
| Average Properties Within 50M | 4 |
Housing Stock
Average Property Prices
| 3 Bed $1,285,000 |
| 4 Bed $1,518,000 |
| 5 Bed $2,842,000 |
| 6 Bed+$343,000 |
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 |  4 |
 2 |
 2 |
1350000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Medway there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Medway weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.6 | 17.6 | 26.7 | 58.6 | 97.6 | 3.6 | 19.8 |
| Feb | 7.6 | 18.0 | 25.6 | 62.8 | 97.6 | 3.6 | 17.0 |
| Mar | 5.2 | 15.6 | 24.6 | 58.2 | 97.5 | 3.4 | 14.2 |
| Apr | 1.0 | 11.2 | 23.5 | 48.4 | 97.2 | 3.2 | 13.2 |
| May | 3.8 | 9.4 | 20.1 | 50.8 | 92.6 | 3.9 | 10.0 |
| Jun | 0.9 | 8.2 | 18.2 | 52 | 91.7 | 3.9 | 9.7 |
| Jul | 6.2 | 7.4 | 17.9 | 53.5 | 94.8 | 4.1 | 9.9 |
| Aug | 4.1 | 7.0 | 19.0 | 42.5 | 89.4 | 4.6 | 12.8 |
| Sept | 0.9 | 9.0 | 21.6 | 43.4 | 93.9 | 4.1 | 16.5 |
| Oct | 3.7 | 12.2 | 22.9 | 54 | 96.6 | 3.6 | 17.6 |
| Nov | 1.2 | 13.2 | 25.8 | 47.3 | 96 | 4.2 | 22.9 |
| Dec | 2.4 | 16.3 | 24.7 | 57.5 | 96 | 4 | 18 |
source: Australian Government Bureau of Meteorology
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 |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Marulan - Greater then 10KM
Bundanoon - Greater then 10KM
Exeter - Greater then 10KM
Burradoo - Greater then 10KM
Moss Vale - Greater then 10KM
Yerrinbool - Greater then 10KM
Bowral - Greater then 10KM
Tallong - Greater then 10KM
Penrose - Greater then 10KM
Wingello - Greater then 10KM
General Points of Interest
Highlands Equestrian Centre - Less than 10 KM
Berrima Correctional Centre - Less than 5 KM
Red Cow Farm Garden - Less than 10 KM
Backpacker Memorial - Less than 10 KM
Eling Forest Winery - Less than 10 KM
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