Mandurah
Why Mandurah?
Mandurah is the Peel Region’s vibrant coastal city, evolving from a quaint fishing town into one of Western Australia’s fastest-growing regional hubs. It offers a diverse economy driven by construction, retail, professional services, mining, and tourism. The city enjoys superb connectivity to Perth via train and freeway, along with modern amenities and lifestyle attractions that make it a popular destination for visitors and residents alike.
Investment Highlight
Capital growth: Median house price reached A$560,000 in April 2025, up 24.4% annually; unit prices were A$455,000, up 24.7%
Healthy yields: Gross yields average 5.0% for houses and 5.3% for units, with weekly rents around A$522 and A$480, respectively
Tight rental market: Vacancy rates remain very low at approximately 0.9%, underlining strong tenant demand
Major redevelopment: The “Transform Mandurah” initiative and key projects like the new marina precinct, Mandurah Junction transit hub, and microbrewery developments promise further growth and job creation
Lifestyle & tourism: Known for its pristine waterways, boardwalks, dolphin cruises, seafood festivals, and vibrant café culture, Mandurah is a top tourism and sea-change destination.
Approximate Cost
Median house price: A$560,000
Median unit price: A$455,000
Gross rental yields: 5.0% for houses and 5.3% for units
Median weekly rents: A$522 for houses and A$480 for units
Vacancy rate: 0.9%
Ideal For: Mandurah is ideal for property investors seeking strong capital growth and stable yields in a coastal, high-demand market. It also suits first-home buyers looking for affordable seaside living and business owners or developers targeting an emerging regional economy. Mandurah’s expanding tourism sector and lifestyle appeal make it a top choice for hospitality operators and professionals looking to benefit from this vibrant growth corridor.
