Thinking about buying in Medina? Now could not be a better time, with 1460 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $342,000 with prices in this suburb ranging from $108,000 to $1,106,000. Medina is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Medina Real Estate Market Outlook

In Medina there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Medina due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Medina leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Medina to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Medina

	29 TUCKER ST, MEDINA, WA, 6167	3	1	1	Asking Price: $490,000
	49 HUBBARD WAY, MEDINA, WA, 6167	3	1	2	Asking Price: $490,000
	3 TUCKER ST, MEDINA, WA, 6167	3	1	1	From $555,000
	7 INGLIS CT, MEDINA, WA, 6167	3	1	6	Under Contract
	49 SHARMAN ST, MEDINA, WA, 6167	3	1		Mid $500,000's

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General Points of Interest

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