Julian Khursigara
Launceston, TAS+14
Regional WA · Mandurah
Once a relaxed fishing village, Mandurah has transformed into WA's largest regional city, blending a vibrant coastal lifestyle with urban convenience. Its character is defined by extensive waterways, including the Peel-Harvey Estuary and a network of canals, creating a 'sea change' destination popular for boating, fishing, and crabbing. The city core combines a modern marina and bustling foreshore with a friendly, laid-back community atmosphere.
Market snapshot
Price register · May 2026
Median house
$550,000 - $750,000
Mid-band $650Kspread 31%
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Create Your Free ProfileLast reviewed 14 May 2026
Median unit
$475,000 - $650,000
Mid-band $563Kspread 31%
Days on market
~7-17 days
Median listing-to-sold window. Shorter = tighter buyer field.
Auction clearance
Private-treaty market
Share of auctions sold. Brisbane skews private-treaty.
Rental yield
3.4% to 4.4%
Gross yield on house stock. Premium suburbs compress.
5-year house-price growth
+34% to +54%
cumulative since 2021Who buys here
Retirees and downsizers · Families seeking coastal lifestyle · First-home buyers
5-year trend
Modelled trajectory anchored on aggregated 5-year median figures. Indicative; not month-by-month observed data.
Market analysis
Mandurah's property market is experiencing a period of significant and sustained growth, cementing its transition from a holiday town to a major regional city. As of early 2026, the median house price sits around $650,000, reflecting a compound annual growth rate of 16.3%. The unit market is performing even more strongly, with a median of $565,000 and an annual growth rate of 22.1%. This price acceleration is driven by a potent combination of affordability, lifestyle appeal, and major infrastructure investment. Compared to Perth, Mandurah offers remarkable value, attracting a diverse influx of buyers including families, downsizers, and first-home buyers. This demand is creating an incredibly fast-paced market, with houses selling in a median of just 12 days. Supply is struggling to keep up, evidenced by a tight rental market with a vacancy rate of only 1.2%. This intense demand underpins both sales price growth and strong rental yields, which are approximately 3.9% for houses and 4.7% for units. Key infrastructure projects are a major catalyst for long-term confidence. The extension of the Kwinana Freeway and the Mandurah railway line have effectively made the city a viable commuter hub for Perth. Ongoing developments like the Mandurah Waterfront Project and the 'Transform Mandurah' strategic plan are enhancing local amenity and economic diversity, promising to support property values into the future. While the rapid growth has raised questions about sustainability, the market's momentum appears to be founded on genuine demographic shifts and tangible improvements to the city, rather than pure speculation. The combination of a desirable coastal lifestyle, relative affordability, and strategic investment positions Mandurah for continued market strength.
Why a buyers agent
In a market as fast-moving as Mandurah's, where properties sell in a median of just 12 days, buyers without expert guidance are at a significant disadvantage. The city is no longer a sleepy holiday town; it's a complex and diverse region with distinct pockets and varying investment potential. An experienced buyer's agent possesses the on-the-ground knowledge to differentiate between the canal-front precincts of the Ocean Marina, the family-oriented estates in suburbs like Lakelands, and the older, more established parts of the city centre. They have access to off-market opportunities and can act decisively to secure a property in a competitive, multi-offer situation. Furthermore, they understand the nuances of local council plans, such as the Mandurah Waterfront Project and other revitalisation strategies, which will significantly impact future capital growth. For out-of-area buyers, a local agent is invaluable in navigating the unique lifestyle offerings and potential pitfalls, ensuring a purchase that aligns with both financial goals and desired quality of life.
With its stunning estuary, canals, and ocean beaches, Mandurah offers an unparalleled water-based lifestyle. It's a paradise for boating, fishing, and crabbing enthusiasts, providing a permanent holiday atmosphere just an hour from Perth.
The property market is booming, with double-digit annual growth for both houses and units. Driven by high demand, low supply, and significant infrastructure investment, Mandurah presents a compelling case for strong returns and long-term value.
Despite its popularity and growth, Mandurah remains significantly more affordable than Perth. This value proposition allows buyers to secure larger homes, enjoy a premium lifestyle, and enter the market at a lower price point.
With a direct train line to the CBD and major freeway access, commuting to Perth is straightforward. Ongoing investment in local infrastructure, including the waterfront and city centre, is continuously enhancing the city's appeal and liveability.
Compare
| Metric | This suburbMandurah | NearbyFalcon | NearbyGreenfields | NearbyHalls Head |
|---|---|---|---|---|
| Median house | $550,000 - $750,000 | $675,000 - $900,000 | $575,000 - $775,000 | $750,000 - $1.00M |
| Median unit | $475,000 - $650,000 | $525,000 - $700,000 | $500,000 - $675,000 | $600,000 - $825,000 |
| Auction clearance | — | — | — | — |
| Days on market | ~7-17 days | ~5-13 days | ~7-15 days | ~8-20 days |
| Year-on-year growth | +11% to +21% | +10% to +20% | +6% to +16% | +10% to +20% |
| 5-year growth | +34% to +54% | +76% to +96% | +66% to +86% | +86% to +106% |
| Rental yield | 3.4% to 4.4% | 3.4% to 4.4% | 3.8% to 4.8% | 3.1% to 4.1% |
| Postcode | 6210 | 6210 | 6210 | 6210 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Mandurah, located 72 kilometres south of Perth, is a thriving coastal city renowned for its spectacular waterways and relaxed lifestyle. The city's heart is the Peel-Harvey Estuary, twice the size of Sydney Harbour, and a network of canals that have earned it the nickname 'Little Venice of WA'. This aquatic playground offers exceptional boating, fishing, and crabbing. The revitalised Eastern Foreshore is a central hub of activity, featuring a maritime-themed playground, while the Mandurah Ocean Marina provides a modern precinct with boardwalk dining, retail, and apartments.
Education is well-catered for with numerous schools, including Mandurah Primary School, Mandurah Catholic College, and Frederick Irwin Anglican School. The suburb is served by the Mandurah train station, the terminus of the Mandurah line, offering a direct and efficient rail link to the Perth CBD. A comprehensive bus network services the city, connecting residential areas to the station and major facilities.
Shopping and retail are centred around the recently expanded Mandurah Forum, which hosts a wide variety of major retailers and specialty stores. The city centre and marina offer a mix of boutique shops and dining options, from casual cafes to waterfront restaurants. Parks and green spaces are abundant, with 33 parks covering over 11% of the suburb's area, including the popular Koolaanga Waabiny Playground on the Western Foreshore and the expansive Creery Wetlands. Key community facilities include the Mandurah Aquatic and Recreation Centre (MARC) and the Mandurah Performing Arts Centre (MPAC).
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The 5-year trajectory is a modelled curve anchored on the documented cumulative growth rate. Editorial review: 14 May 2026. Updated quarterly.
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