OFF MARKET

5 Iriks Way
Medina WA 6167

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 90m2
Land area: 234m2
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Property Details for 5 Iriks Way, Medina

5 Iriks Way, Medina is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 234m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
2012
Floor Size
90m2
Land Size
234m2
Local Government
Kwinana
Lot/Plan
80/P065420

Last Listing description (October 2023)

Tidy investment or affordable home to move into. This modern home as all the conveniences you would expect yet is in the quaint village atmosphere which is Medina. Medina has experienced HIGH capital growth with no signs of slowdown so get in while its still affordable!

We are currently pending the tenant vacating (8th of October ETA) this property and while doing so this property is available exclusively to our database registered clients.

Some of the great features you will love:

- Front sitting porch unique to Medina homes which facilitates a great sense of community
- Security Screens
- Reticulated front garden
- Double car lock up garage
- Brick and tile build
- Laminate flooring to the main, with carpeted bedrooms
- Split system Air-conditioning
- neatly paved back yard great for lock up and leave
- Gas storage hotwater
- Alfresco

For the investor:
Still depreciation left on build age
Very low maintenance property
Ultra low vacancy rates, quick to rent
Great Location close to amenities
Rent approximately $480 per week in the current market and will settle vacant so you can capitalise on the high rent return.

For the owner occupant:
Great low price for a free standing home with NO STRATA
Easy access to shops, schools and public transport
Low maintenance yard means more time for enjoyment

To have a chat about this property while its still available give Jade Shani a call 0401522584.

Property History for 5 Iriks Way, Medina, WA 6167

A timeline of how this property has performed in the market
Last Sold
$395,000
08 Sep 2023
Listed for Rent
$350/w
16 Sep 2021
  • 12 Sep 2023
    Listed for Sale SOLD
  • 08 Sep 2023
    Sold for $395,000
  • 19 Aug 2021
    Listed for Rent $350 / 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 1,347 properties. Over the last 5 years, Houses in Medina have seen a 156.75% increase in median value, while Units have seen a 155.71% increase. As at 30 September 2024:

  • The median value for Houses in Medina is $525,570 while the median value for Units is $360,888.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Medina on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Medina.

Suburb Insights for Medina 6167

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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.