154 Medina Avenue, Medina WA 6167
154 Medina Avenue, Medina WA 6167
154 Medina Avenue is a 3-bedroom, 1-bathroom single-storey house built in 1954 on a lot of 845 square metres, with parking for 2 cars. The floor area is approximately 197 square metres. A heritage overlay applies to this property.
The large land size and generous floor area are competitively strong, offering space that is increasingly rare in established suburbs like Medina. The heritage overlay, while a constraint, also signals a property with character and a protected streetscape, which can appeal to buyers who value established homes over modern infill. This house is best suited for a buyer looking for a solid, older home on a substantial block with room to renovate or extend, subject to heritage guidelines. Its position in the suburb is typical for its era, but the land size gives it an edge over more modern, smaller-lot developments.
The single bathroom may be a material constraint for families or investors, as it limits appeal compared to homes with two bathrooms. The heritage overlay might affect the cost and scope of future renovations, and a buyer should weigh potential approval timelines and restrictions when forming a view on price. The 1954 build may also require updates to wiring, plumbing, or insulation, which could influence the overall investment. These factors should be considered carefully but do not necessarily detract from the property’s inherent value.
Detailed Independent Property Report prepared by PropCred Analyst team for 154 Medina Avenue, Medina WA 6167
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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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.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
845m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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