MANDURAH PROPERTY MARKET UPDATE – MARCH 2026

Mandurah continues to be the vibrant heart of the Peel region, offering a mix of coastal lifestyle, convenience and investment opportunity. With strong infrastructure, transport links and lifestyle appeal, the suburb continues to attract a broad mix of buyers and tenants.

SALES
The median house price in Mandurah is now sitting at approximately $630,000, showing continued steady growth. Buyer demand remains consistent across entry-level and mid-range properties.

LISTINGS
Stock levels remain relatively balanced, with a steady flow of new listings coming to market. However, overall supply remains lower than long-term averages, supporting ongoing price stability.

LAND
Land prices are sitting around $341,000, with limited availability continuing to drive interest from buyers looking to build.

SALES TIME ON MARKET
Homes are selling quickly, with a median time on market of approximately 8–10 days, reflecting strong buyer demand.

RENTALS
Rental prices remain steady with a median rent of around $550 per week, with consistent demand from tenants across all property types.

RENTALS TIME ON MARKET
Rental properties are leasing in approximately 18–19 days, indicating ongoing pressure in the rental market.