All About Medina, Kwinana, WA, 6167

Medina, a suburb in the city of Kwinana, Western Australia, presents a unique slice of suburban life that balances affordability with proximity to essential amenities. The housing market in Medina is primarily characterized by older-style homes, many of which were built during the post-war era, reflecting its historical roots as a planned community for workers at the nearby industrial area. This has traditionally meant more affordable housing prices compared to other Perth suburbs, making it an attractive option for first-time homebuyers and those seeking investment opportunities. While the market has seen fluctuations like much of the Perth metropolitan area, recent years have shown gradual appreciation, supported by low interest rates and increased demand as buyers seek more economically viable alternatives to the increasingly expensive city center.

Living in Medina offers a blend of community-oriented lifestyle and natural surroundings. The suburb boasts a strong sense of community, with local events and an interactive neighborhood atmosphere that attracts families and retirees alike. Its location provides a mix of convenience and serenity; it is well connected via public transport and major roadways to Perth and nearby commercial centers, yet it is also adjacent to lush parks and reserves, which allow residents to enjoy outdoor activities. Schools, shopping centers, and essential services are easily accessible, fostering a comfortable living environment. While Medina may not have the bustling nightlife of city-centers, its charm lies in the tranquil, day-to-day experiences enriched by nature and community spirit.

Medina Real Estate Market Outlook

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.

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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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