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WA › Medina › Medina Ave

22 Medina Ave, Medina WA 6167

For saleHouse for Sale

$549,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

961 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $549,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $549,000(Listing record · 6 July 2026)
  • FactLand 961 m²; no building size recorded.(Property record)
  • CalculationAsk is 22% below the Medina median recorded sale ($701,500, n=48, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Medina's advertised median rent ($542/wk), implied gross yield would be 5.13% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$549,000

Asking · $571/m² of land

No recorded sale for this property.

Medina at a glance

2,408

People

$701,500

Median sale

$542/wk

Median rent

4.02%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Medina report →

Vs Medina

-21.7%

Median sale

Suburb $701,500

+1.11 pp

Gross yield

Suburb 4.02%

Suburb median $701,500 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$549,000
Stamp Duty (Western Australia)
$20,093
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$573,018

$24,018 on top of the price (4.4% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Medina's advertised median rent — not a rent for this listing.

Net yield
3.63%
Annual cashflow (pre-tax)
$-8,599
Interest cover (DSCR)
0.70
Annual rent
$28,184
Operating expenses
$8,235
Loan amount
$439,200
Annual interest
$28,548
Gross yield
5.13%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$549,000available6 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 961 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $542/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 961 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Medina in one glance

Medina at a glance

2,408

People

$701,500

Median sale

$542/wk

Median rent

4.02%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Medina report →

Keep researching

  • Why Medina? Read the area thesis →
  • What else is on the market in Medina →
  • Other records on Medina Ave →

Listing material

Listed by O'Neil Real Estate

961SQM OF HUGE OPPORTUNITY

This one is for the buyer who knows how to do stuff. Or, at the very least, it's the one for the buyer who knows someone who knows how to do stuff. And even if you don't know how to do stuff and don't know anyone who can do stuff for you... this one's still for you.

It's far from the perfect house. But it just might be about the closest thing to the perfect opportunity.

Set on a huge 961 square metre corner block in a prime Medina location, this property has serious potential. Yes, the house is going to need work. Plenty of it. But with R20 zoning and the recently proposed changes to the Residential Design Codes, there's another interesting box being ticked here. If you're not sure what that's all about, have a look at the recent news and see why so many people are paying attention to those proposed changes.

Read the full description

WHAT IT IS

It's far from the perfect house. But it's got to be about the closest thing to the perfect opportunity.

A 961 square metre corner block in a prime position in Medina.

Firstly, the house is going to need some work. But on this big R20 zoned block, you've got some serious options. In particular, with the recently proposed changes to the Residential Design Codes. If you're not sure what that's all about, look it up in the recent news and you'll see that it just ticks yet another box for this brilliant property.

The location. If you're a local, this is no doubt a somewhat iconic location. Set on a corner block opposite two parks, it's an established beauty with a fair bit of history.

In its day, this home was picture perfect, with the sort of gardens that people used to stop and ask if they could take a photo of them. Because back in those days, you couldn't just Google pictures of nice gardens. It was that iconic. The house itself was a cute jarrah weatherboard home that stood proudly amongst its beautiful surrounds.

Now... it's looking pretty dishevelled.

And whilst the makings of the garden are still there, it's kind of in survival mode.

I could bang on and on about the opportunities here. However, I've already done that on a much more long winded scale in the video walkthrough that's part of this ad. You can see that for yourself and see everything that's on offer in a whole lot more detail.

The house is a wee bit knackered. But you can de-knacker it. Or perhaps the expression is re-knacker it. You can fix it. That's what I'm talking about.

The potential for it is massive with that huge corner block and all that space at the back. But not only that, it's the perfect location to do it.

IT'S AS IS- WHERE IS

What you see is what you get, and ain't nothing getting fixed or changed. It's priced like it is because it is what it is.

WHERE IT IS

As far as suburbs go, Medina has a lot to offer. I don't know if there's anywhere left on Earth where you can buy a house around five kilometres from the beach for a price like this. Let alone on the perfect 961 square metre corner block, zoned R20.

It's just such an incredible opportunity.

So, the story is, it's being sold as is, where is, with all faults. There's plenty of faults. We've got no power. We've got no windows in some places where I reckon there used to be. But what we do have is a house that I think you can likely resurrect.

Watch the video.

It's a unique opportunity.

WHAT NEXT

So set up a time to come and see it for yourself. Hit the Email Agent button at the bottom of this webpage and we'll be in touch.

Listing description written by Mark Grogan, O'Neil Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.