INVESTING IN MANDURAH?
- Comments:
- 0
Mandurah has 128 properties available for rent and 257 properties for sale. Median property prices over the last year range from $240,000 for houses to $220,000 for units. If you are looking for an investment property, consider houses in Mandurah rent out for $270 PW with an annual rental yield of 5.9% and units rent for $263 PW with a rental yield of 6.2%. Based on five years of sales, Mandurah has seen a compound growth rate of -5.9% for houses and -8.1% for units.
Life on the coast is easy-going: perfect for retirees, and prime terrain for families and young and maturing independents looking for room to move.
It’s WA’s second-biggest city, but Mandurah remains unshakably laid-back. Walking the dog or dangling a line off the jetty takes precedence over the stressful things people in Perth worry about.
Mandurah is a town of two halves: flashy marina-side townhouses and apartments, and suburban back-blocks with family homes from the 1960s onwards.