Medina at a glance
2,408
People
$701,000
Median sale
$542/wk
Median rent
4.02%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
$480,000
Last sold
19 Aug 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
847 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$480,000
19 Aug 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
$701,000
Median sale
$542/wk
Median rent
4.02%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Medina
-31.5%
Median sale
Suburb $701,000
+1.85 pp
Gross yield
Suburb 4.02%
Suburb median $701,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 847 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
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
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.”
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
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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 847 m² — that is not official geometry.
Nearby development pipeline
Area
Medina at a glance
2,408
People
$701,000
Median sale
$542/wk
Median rent
4.02%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gem Property Sales & ManagementThis 3 bedroom with split system air con workers cottage was built in 1953 and is set on a 847sqm block in Medina and offers so much potential!
A very convenient location close to shops, medical GP suites, pharmacy, cafe, deli, both primary and secondary schools along with public transport all within approx. 600 meters from the home.
Medina is a suburb within the City of Kwinana which is known for its beautiful century old trees, abundance of public parklands and sporting facilities including world class BMX area, wonderful skate park and is home to a children's playground voted best in Australia.
The Kwinana Town Council is progressive and boasts excellent services catering from young to old.
For the investors - this property is currently tenanted on a fixed lease until 24/08/2024 @$400 / week with tenants wishing to continue on if so desired by an investor.
There is plenty of room to build a shire approved granny flat at the rear of the property and the current tenants would not object to construction during their tenancy. Good news is that the front house is already sectioned off and there are dual driveways!
The home is old and much like anything getting on in age needs some work, paint and love and due to this is being sold "as-is" - even though the property could benefit from a renovation the tenants are happy with it as it is!
Don't miss this one!
DISCLAIMER: The details of this property listing have been prepared for advertising & marketing purposes only, **the photos from inside the house and of the back porch of the property are from prior to the current tenancy to protect the tenants privacy**the front yard photos are current. Gem Property Sales & Management have made every effort to ensure that at the time of preparing this advertisement the information is believed to be reliable & accurate. However, clients/buyers must carry out their own independent due diligence to satisfy that the information provided herein is correct and meets their expectations. In regards to rental estimates we recommend asking agents for a full rental appraisal at the time of submitting an offer if you are buying the property as an investment.
Listing description written by Lorraine Ashby, Gem Property Sales & Management — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.