Property Investment in Mandurah, WA

Property Investment in Mandurah, WA

Median house price: $352,250 (Jan 2023)
Median house rental value: $400 PW (Jan 2023)
Transport: car, train, bus
Population: 90306 (ABS 2021 Census)
State: Western Australia
Location: Southwest coast of Western Australia

The City of Mandurah is Western Australia’s largest regional city located along the Southwest coast. More than 90,000 residents call it home with an average increase of 1500 more residents each year over the past five years.

Mandurah offers a relaxed coastal lifestyle. Attributing to the expansive waterways of the Peel-Estuary and Serpentine River, Mandurah has some of the best water-based activities in Western Australia. From luxurious homes with water-front views to family homes and modern apartments, it has a mix of residential developments.

Real Estate Market

The median house price in Mandurah is $352,250, increased by 11.8% over the past 12 months, while houses rent out for $400PW with an annual rental yield of 6%.

Last year brought a substantial increase, 14.3% in median house rental price, making Mandurah a good property investment choice.

Lifestyle

Mandurah is a vibrant mixed-residential and commercial suburb. Well-known as an exciting sea change destination, Mandurah is home to a major shopping centre, retail outlets, great restaurants and much more. Connection is via the Mandurah Train station which is the fastest option to travel to the Perth CBD and surroundings. It has several local schools like the Mandurah Primary School, Mandurah Catholic College, Mandura Baptist College and Fredrick Irwin Anglican School.

Why Invest in Mandurah, WA?

Mandurah provides a relaxed coastal lifestyle with a unique work/life balance opportunity that many renters are attracted to.
Named as one of the world’s most liveable cities in 2011.
Mandurah has a growing real estate market, with its house and unit values on an upward trend.
Growing population with a forecast of 119,877 in 2036.
Several new developments and a wide range of properties to choose from, within an affordable range.