MANDURAH MARKET SNAPSHOT – JUNE 2025

Sales
Mandurah recorded 465 residential sales over the 12 months to June 2025 — a 21% decrease compared to the previous year. Despite fewer transactions, the median house price rose sharply to $560,000, marking a 24.3% increase year-on-year. High-end sales remain limited, with only 3% of houses selling for $800,000 or more.

Land
There were 38 land sales over the past year, down slightly from 45 the previous year. The median land price increased to $345,000, reflecting ongoing demand for quality blocks across the region.

Listings
Active listings numbered 74 properties as at 30 June 2025, up 64% from the previous year but still below long-term averages. Houses and units each accounted for 31 listings, while land listings remained low at 12, contributing to sustained buyer competition.

Rentals
Leasing activity remained steady with 347 leases recorded over the 12 months to June 2025. The median rent for houses increased 9% to $545 per week, while units reached a median of $490 per week. Most leases were priced above $451 per week.

Rentals Time on Market
Properties are moving quickly, with the median days to sell ranging from 8 to 22 days for homes priced under $800,000. Homes priced above $800,000 took longer, with a median of 120 days on the market. Rental properties leased within a median of 16 days — 3 days faster than last year.