5/21 Harley Way, Medina WA 6167

5/21 Harley Way, Medina WA 6167
2 bed unit | quiet Medina pocket | modern 2016 build | heritage overlay in complex This property offers a rare combination of modern construction and low-maintenance living in a tightly held pocket of Medina. The 2016 build means you avoid the maintenance headaches common to older units, while the open-plan layout flowing to an alfresco area gives it a genuinely liveable feel that appeals to both owner-occupiers and investors. Positioned in a quiet leafy street with reliable NBN and 5G, it suits first-home buyers wanting a turnkey home or investors seeking a sub-$600k entry point into the Kwinana market. The comparable sale at 2/21 confirms strong recent demand and a clear value benchmark around $616,000. The heritage overlay on nearby units introduces a layer of uncertainty around future renovations or strata approvals, which may limit capital growth compared to unencumbered properties. The compact 102mยฒ land size and strata title mean limited scope for value-add through extensions, so your upside relies on suburb gentrification and rental demand rather than physical improvements. Buyers should budget for a building and pest inspection and review strata minutes carefully. This unit works best as a hold-and-rent strategy targeting the reliable $350/week yield, or as a comfortable first home with minimal upkeep.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5/21 Harley Way, Medina WA 6167
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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

2

Bathroom

1

Parking

1

Land

1382mยฒ

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