SOLD
RECENT ADVICE
Sold on 19 Aug 2024 for $480,000

41 Pace Road
Medina WA 6167

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 847m2
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Property Details for 41 Pace Rd, Medina

41 Pace Rd, Medina is a 3 bedroom, 1 bathroom House. The property has a land size of 847m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Medina in the last 12 months.

Building Type
House
Land Size
847m2

Last Listing description (August 2024)

This 3 bedroom with split system air con workers cottage was built in 1953 and is set on a 847sqm block in Medina and offers so much potential!

A very convenient location close to shops, medical GP suites, pharmacy, cafe, deli, both primary and secondary schools along with public transport all within approx. 600 meters from the home.

Medina is a suburb within the City of Kwinana which is known for its beautiful century old trees, abundance of public parklands and sporting facilities including world class BMX area, wonderful skate park and is home to a children's playground voted best in Australia.

The Kwinana Town Council is progressive and boasts excellent services catering from young to old.

For the investors - this property is currently tenanted on a fixed lease until 24/08/2024 @$400 / week with tenants wishing to continue on if so desired by an investor.

There is plenty of room to build a shire approved granny flat at the rear of the property and the current tenants would not object to construction during their tenancy. Good news is that the front house is already sectioned off and there are dual driveways!

The home is old and much like anything getting on in age needs some work, paint and love and due to this is being sold "as-is" - even though the property could benefit from a renovation the tenants are happy with it as it is!

Don't miss this one!

DISCLAIMER: The details of this property listing have been prepared for advertising & marketing purposes only, **the photos from inside the house and of the back porch of the property are from prior to the current tenancy to protect the tenants privacy**the front yard photos are current. Gem Property Sales & Management have made every effort to ensure that at the time of preparing this advertisement the information is believed to be reliable & accurate. However, clients/buyers must carry out their own independent due diligence to satisfy that the information provided herein is correct and meets their expectations. In regards to rental estimates we recommend asking agents for a full rental appraisal at the time of submitting an offer if you are buying the property as an investment.

Property History for 41 Pace Rd, Medina, WA 6167

A timeline of how this property has performed in the market
Last Sold
$480,000
19 Aug 2024
Listed for Rent
$340/w
09 Aug 2022
  • 08 Aug 2024
    Sold for $480,000
  • 01 Aug 2024
    Listed for Sale From $439,000
  • 05 Aug 2022
    Listed for Rent $340 / week
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About Medina 6167

The size of Medina is approximately 3.7 square kilometres. It has 14 parks covering nearly 50.5% of total area. The population of Medina in 2011 was 2,076 people. By 2016 the population was 2,389 showing a population growth of 15.1% in the area during that time. The predominant age group in Medina is 20-29 years. Households in Medina are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Medina work in a trades occupation. In 2011, 61.5% of the homes in Medina were owner-occupied compared with 64.3% in 2016.

Medina has 1,349 properties. Over the last 5 years, Houses in Medina have seen a 146.51% increase in median value, while Units have seen a 147.70% increase. As at 30 November 2024:

  • The median value for Houses in Medina is $534,209 while the median value for Units is $368,736.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Medina on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Medina.

Suburb Insights for Medina 6167

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Lorraine Ashby
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Gem Property Sales
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.