Suburb Profile Report for Medina WA (6167)

Medina House: Median price $195,000, Annual capital growth -1.51%, Number of sales 39, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Medina, 6167 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -10.96%.

If we look at median property appreciation over just the last three months, Medina has given property investors a paper return of 5.41%. This puts Suburb as 35 on a list of fastest fasting appreciating suburbs in WA

Sellers are offering property buyers an average discount of -8.00% to buyers in Medina at the moment, which is less than average for the rest of WA.

At number 511 in a list of fastest selling suburbs, Medina is in the TOP 20% of suburbs in Australia with an average of days on market 52.2414 for properties listed there.

Medina, 6167’s gross rental yield is 7.20%

Metrics i HOUSE UNIT
$195,000 N/A
5.41% N/A
-10.96% N/A
-1.51% N/A
$270 N/A
39 N/A
7.20% N/A
52.2413793103448 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Medina WA
Demographics
Total population 2076
Median household income ($/weekly) 836
Median age of persons 36
Median housing loan repayment ($/monthly) 1386
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 248 11.9
    25-34 years 320 15.4
    35-44 years 296 14.3
    45-54 years 267 12.9
    55-64 years 239 11.5
    Others 706 34.0
    Age Group
    Census Count Percent(%)
    Not Married 795 54.9
    Registered Married 432 29.9
    Defacto Relationship 220 15.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1261 69.8
    Greece 19 1.1
    Papua New Guinea 98 5.4
    United Kingdom 260 14.4
    Other 58 3.2
    Others 111 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 1.6
    Christianity 912 54.1
    Islam 13 0.8
    Other Religious Groups 17 1.0
    No Religion 708 42.0
    Others 8 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 102 13.7
    $400-$599 100 13.4
    $600-$799 86 11.6
    $800-$999 91 12.2
    $1,000-$1,249 83 11.2
    Others 282 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 632 43.1
    Employed, worked full-time 483 32.9
    Employed, worked part-time 191 13.0
    Unemployed, looking for work 97 6.6
    Employed, away from work 64 4.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 153 20.8
    Community & personal service workers 89 12.1
    Clerical & administrative workers 78 10.6
    Machinery operators & drivers 109 14.9
    Labourers 126 17.2
    Others 179 24.4
    Occupation
    Census Count Percent(%)
    Pre-school 31 8.9
    Infants/Primary 145 41.8
    Secondary 81 23.3
    Technical or Further Educational Institution 44 12.7
    University or other Tertiary Institutions 35 10.1
    Others 11 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1754 94.7
    Flat, unit or apartment 63 3.4
    Semi-detached, row or terrace house, townhouse 31 1.7
    Improvised home, tent, sleepers out 5 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 337 41.2
    Rented 287 35.1
    Fully owned 186 22.8
    Other tenure type 7 0.9
    Tenure Type
Census 2011, ABS
Chart Table