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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:

Common questions about Mandurah

  • Is Mandurah a nice place to live?

    Mandurah is a delightful coastal suburb that offers a charming blend of natural beauty and modern living. Known for its relaxed vibe, Mandurah is a haven for those seeking a peaceful lifestyle with the added benefit of stunning waterways and beaches. The suburb's vibrant community is welcoming and diverse, making it an attractive place for families, retirees, and anyone looking to enjoy a slower pace of life. With a variety of recreational activities, shopping centers, and dining options, Mandurah provides a perfect balance of leisure and convenience.

    Families will find Mandurah particularly appealing due to its community-focused atmosphere and the availability of amenities that cater to all ages. The suburb's proximity to Perth adds to its allure, offering easy access to city conveniences while maintaining a serene coastal environment. Safety is generally not a major concern, and the ongoing infrastructure improvements, such as the expansion of healthcare services and transportation links, further enhance the suburb's livability.

    However, living in Mandurah does come with some trade-offs. While the relaxed lifestyle and scenic beauty are significant draws, the suburb's quieter pace may not suit those seeking the hustle and bustle of city life. Additionally, the high rental market indicates a demand for flexible living arrangements, which might not appeal to those looking for long-term homeownership. Despite these considerations, Mandurah remains a fantastic choice for those who value a coastal lifestyle with a strong sense of community and access to modern amenities.

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  • Is it expensive to live in Mandurah?

    Living in Mandurah can be considered relatively affordable, especially when compared to other areas in Western Australia. The current median house price is around $540,000, and for units, it's approximately $460,000. These figures are quite reasonable when you consider the proximity to the coast and the lifestyle that Mandurah offers. Renting is also fairly accessible, with the average rent for houses being $520 per week and units at $498 per week.

    When comparing the earnings in Mandurah to the average wage in Western Australia, which hovers around $92,000 per year, Mandurah's average wage of $67,000 per year is noticeably lower. This discrepancy suggests that while property prices and rents are more affordable than in many other parts of the state, the lower average income might make it a bit challenging for some residents to manage housing costs comfortably. However, if you're thinking of living in Mandurah, the relatively lower property prices and rents compared to larger cities could make it a viable option for those looking for a coastal lifestyle without the hefty price tag.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Mandurah a good place to invest?

    Mandurah is showing promising signs as a strong investment suburb, with impressive growth in both house and unit values over the past year. The median house value has surged by 27.5%, while unit values have seen an even more remarkable increase of 35.6%. This upward trend indicates a robust demand for properties in the area, making it an attractive option for investors looking for capital growth.

    In addition to property value increases, rental returns in Mandurah have also been on the rise, with house rents climbing by 15.6% and unit rents by 15.7% over the last 12 months. This suggests a healthy rental market, providing investors with the potential for solid rental income. The combination of rising property values and strong rental demand makes Mandurah a compelling choice for those seeking a balanced investment opportunity.

    Overall, Mandurah offers a dynamic investment landscape with its recent growth in property values and rental returns. While the market's current momentum is promising, it's essential for investors to consider their long-term goals and the suburb's potential for sustained growth. With its appealing coastal lifestyle and ongoing development, Mandurah stands out as a suburb worth considering for property investment.

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