Mandurah suburb profile
Mandurah is a picturesque coastal city located approximately 72km south of Perth, known for its stunning waterways and relaxed lifestyle. As one of Western Australia's largest regional cities, Mandurah offers a blend of natural beauty and modern amenities, making it a popular destination for both residents and tourists. The city is renowned for its vibrant marina, beautiful beaches, and abundant marine life, including the iconic bottlenose dolphins. With a range of recreational activities, shopping centers, and dining options, Mandurah provides a perfect balance of leisure and convenience. Its scenic charm and welcoming community continue to attract families, retirees, and holidaymakers alike.
Mandurah property market performance
Mandurah’s property market has experienced significant growth over the past 12 months, with both houses and units showing substantial increases in value. House prices have surged by 27.5%, while unit prices have risen even more sharply by 35.6%. The current median house price stands at $540,000, and the median unit price is $460,000, indicating strong demand across both property types.
Sales activity has been robust, with 74 houses and 65 units sold over the last 12 months. Properties are moving quickly, with both houses and units having a median time on market of just 13 days, reflecting a highly competitive market environment.
The rental market in Mandurah has also seen notable increases, with average rents for houses rising by 15.6% and units by 15.7% over the past year. This suggests a strong demand for rental properties in the area, contributing to the overall buoyancy of the market.
Median price - houses$545KPast 3 months
Median price - units$460KPast 3 months
Change in value - houses26.9%12 months
Change in value - units38.7%12 months
Houses sold73Past 3 months
Units sold59Past 3 months
Median DOM - houses13Past 12 months
Median DOM - units14.5Past 12 months
Average rent - houses$520Past 12 months
Average rent - units$500Past 12 months
Change in rent - houses13.0%Past 12 months
Change in rent - units11.1%Past 12 months
Mandurah demographics
Mandurah, located in Western Australia, is a picturesque coastal suburb known for its relaxed lifestyle and beautiful waterways. With a median age of 50, it is a popular destination for retirees and those seeking a quieter pace of life. The suburb's scenic beauty, combined with its proximity to Perth, makes it an attractive location for both permanent residents and holidaymakers.
The housing landscape in Mandurah is diverse, with a significant portion of properties being rented, accounting for 54.7% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both short-term visitors and long-term residents who prefer renting. Additionally, 28.5% of properties are owned outright, reflecting a stable community of long-term homeowners who have settled in the area.
Family dynamics in Mandurah are varied, with couple families without children making up nearly half of the family households at 49.8%. This is indicative of the suburb's appeal to older couples and retirees. Meanwhile, one-parent families constitute 26.1% of the family structure, highlighting the suburb's support for diverse family types. The median total household income of $858 per week suggests a modest economic environment, which aligns with the suburb's laid-back and community-focused lifestyle.
Mandurah infrastructure, key developments and investment opportunities
Mandurah is undergoing significant developments that are likely to impact its property market. The city center is seeing a revitalization with the ongoing Mandurah Waterfront Project, which aims to enhance public spaces, improve connectivity, and attract more visitors and businesses to the area. This project includes upgrades to the Eastern Foreshore, Western Foreshore, and Smart Street Mall, potentially increasing property values in the surrounding areas.
Infrastructure improvements are also underway, with the expansion of the Peel Health Campus and the development of the Mandurah Traffic Bridge replacement project. These initiatives are expected to improve local healthcare services and transportation links, making Mandurah more attractive to potential residents and investors. Additionally, the city's focus on environmental conservation, particularly around the Peel-Harvey Estuary, continues to maintain Mandurah's appeal as a coastal lifestyle destination, supporting long-term property demand in the area.
Mandurah rental market trends
The rental market in Mandurah has experienced significant growth, with house rents increasing by 15.6% over the past year to $520 per week, and unit rents rising 15.7% to $498 per week. This coastal suburb continues to attract renters and investors alike, offering a blend of lifestyle and investment potential in Western Australia.
Suburbs near Mandurah
Some popular suburbs near Mandurah include: