11 Sharman Street, Medina WA 6167
11 Sharman Street, Medina WA 6167
1950s cottage on 728mยฒ | 3×1 with rear access | quiet leafy school-adjacent street | garage plus solar panels
This property is a 1954-built cottage on a generous 728 mยฒ residential lot, offering a small house and large land configuration that is typical of older Medina stock. The combination of rear access, a substantial 5 x 2.6 m garage, and solar panels adds practical utility often absent from basic cottages. Its location approximately 110 metres from Medina Primary School and within walking distance of Kwinana Marketplace makes it well-suited for families seeking proximity to local amenities. The quiet, leafy street with established gardens reinforces a strong neighbourhood character. This property is most appropriate for owner-occupiers wanting a character home with yard space, or investors and value-add buyers drawn to a land-led proposition with potential for ancillary development subject to planning approval.
The modest 95 mยฒ internal area means the property’s value is more heavily weighted toward the land than the dwelling itself. A potential heritage overlay may constrain future alterations or demolition pathways, and the 1954 build carries inherent age-related maintenance risks. The presence of solar panels and some internal work may reduce near-term upgrade needs, but buyers should verify the condition of key systems and any overlay implications before forming a price view.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 11 Sharman Street, Medina WA 6167
Market Insight:
Medina is a tightly held luxury market characterised by high-value homes and limited inventory, which underpins its exclusivity. Demand is driven by affluent buyers seeking premium properties, creating strong competition for available stock. Recent price trends show significant volatility, with conflicting indicators of both sharp appreciation and softening list prices, while the market tempo has accelerated markedly with homes selling more quickly. Future growth is contingent on sustained luxury demand, though the market’s sensitivity to high-value transactions and its constrained supply present inherent risks.