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WA › Medina › Munday Way

22 Munday Way, Medina WA 6167

House

$450,000

Last sold

5 Feb 2024

2

Bedrooms

1

Bathrooms

1

Car spaces

728 m²

Land

92 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $450,000 (5 Feb 2024).(Recorded sale)
  • CalculationLand 728 m² against a 92 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Medina (last 5 years) with land size: median $754/m² of land (n=160). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$450,000

5 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Medina (last 5 years) with land size have a median of $754/m² of land (n=160). Districts calculation from recorded sales — not a valuation.

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

-35.9%

Median sale

Suburb $701,500

+2.24 pp

Gross yield

Suburb 4.02%

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

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. Sold$450,0005 Feb 2024
  2. Listedprice unknowncompleted23 Nov 2023
  3. Listedprice unknowncompleted23 Nov 2023

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 728 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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 728 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 Munday Way →

Listing material

Listed by Professionals Freeway South - City of Kwinana

Ideal Living in Medina! Comfortable 2-Bed Retreat

HOME OPEN CANCELLED.

Welcome to 22 Munday Way, Medina! This delightful residence, boasting 2 bedrooms, 1 bathroom, and a garage space, is now on the market. Nestled on a spacious 728 sqm block, this property provides ample room for both relaxation and entertainment.

Constructed in 1954, this well-built home spans 92 sqm, creating a warm and inviting living space. The generous living area is ideal for unwinding after a busy day, and the bedrooms are flooded with natural light and generously proportioned.

Read the full description

The kitchen is both functional and well-equipped, ensuring effortless meal preparation. The bathroom is a modern and stylish space, complete with all the necessary amenities. A double garage provides not only parking but also additional storage space.

Adding to the charm, a large verandah offers the perfect spot to enjoy the lovely summer breeze. Situated in a highly desirable quiet location, this property offers easy access to nearby amenities, including schools, shops, and parks. The neighborhood is known for its tranquility and family-friendly atmosphere, providing a safe and inviting community.

Priced at Offers From $435,000 this property presents an excellent opportunity for first-time buyers or savvy investors seeking outstanding value. Seize the chance to make this charming Medina property your own.

Council Rates Approx. $1,727.26

Contact us today to schedule a viewing and secure your place in this delightful home.

Listing description written by Michael Stavrevski, Professionals Freeway South - City of Kwinana — reproduced as published, not verified by Districts.

Districts

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.