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WA › Medina › Peake Way

53 Peake Way, Medina WA 6167

House

$800,000

Last sold

5 May 2026

3

Bedrooms

2

Bathrooms

3

Car spaces

885 m²

Land

111 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 $800,000 (5 May 2026).(Recorded sale)
  • CalculationLand 885 m² against a 111 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 $751/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

$800,000

5 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Medina (last 5 years) with land size have a median of $751/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.

See the full Medina report →

Vs Medina

+14.1%

Median sale

Suburb $701,000

-0.50 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 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$800,0005 May 2026
  2. Listedprice unknowncompleted21 Apr 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 885 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 885 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

$701,000

Median sale

$542/wk

Median rent

4.02%

Suburb gross yield

Median sale from 49 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 Peake Way →

Listing material

Listed by Southern Gateway Real Estate

SOLD BY HELEN SOUTER - SOUTHERN GATEWAY REAL ESTATE

UNDER OFFER BY HELEN SOUTER

Set on a spacious 885m² block, this beautifully renovated 1954 home blends timeless character with modern comfort. Retaining its original charm with timber floorboards, high ceilings and a feature fireplace, the home has been thoughtfully updated throughout to create a warm and inviting space full of natural light and personality.

The stunning renovated kitchen is the heart of the home, complete with gas hotplates, electric oven and stylish finishes, while the flexible layout is perfectly suited to families, tradies or those working from home. With drive-through access to a large powered workshop and a fully equipped studio, there's exceptional versatility here for hobbies, business or extra space, all within a private and well-established setting.

Read the full description

Key Points

3 bedrooms and 2 bathrooms

Built in 1954 with full renovation

Timber floorboards throughout

High ceilings and feature fireplace

Gorgeous renovated kitchen with gas hotplates and electric oven

Master bathroom with freestanding slipper tub

Ceiling fans in all bedrooms

Ducted evaporative air cooling

Solar hot water system

2.66kW solar PV system (installed 2013)

Renovated in 2009 and extended at the rear in 2012

Fully insulated (walls, under roof and ceiling)

Electrical system fully replaced during renovation

All asbestos removed

Two driveways

Carport on RHS driveway behind gate

Gated drive-through LHS access to large 12m x 6m powered workshop with single phase power, water and evaporative cooling

Studio (2.5m x 4m) fully insulated with power, split system air conditioning and toilet (currently council approval is underway)

22,000L (approx.) rainwater tanks for reticulation

Attic storage space above patio

Large raised 5m x 6m verandah with ceiling fan

Smaller storage shed.

Estimated rent return approx. $620- $640 per week

No floorplan available.

If unable to view in person, you are most welcome to have someone inspect on your behalf to video / facetime.

Don't miss your opportunity to secure this warm and inviting family home in a sought-after, convenient location. With its generous block, fresh updates, and bright living spaces, it's ready for you to move in and enjoy. Come along to the next inspection and see for yourself everything this property has to offer.

Listing description written by Helen Souter, Southern Gateway Real Estate — 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.