MANDURAH MARKET SNAPSHOT – SEPTEMBER 2025

Mandurah experienced a dip in overall market activity in September, with fewer sales and leases recorded. However, prices remained stable, and time on market improved slightly.

Sales
There were 46 residential sales recorded during the month, down 8 percent from August but still 9.5 percent higher than the same time last year. The overall median dwelling price sat at $550,000, reflecting a 19.3 percent increase year on year.

Listings
There were 43 properties listed for sale at the end of September, a 6.5 percent decrease from August. Listings are down 38.6 percent compared to last year, keeping stock levels tight for prospective buyers.

Land
Land activity picked up with 4 sales recorded in September. The median land price was $350,000, showing annual growth of 8.9 percent. Land sold in a median of 15 days, slightly faster than the previous month.

Sales Time on Market
Overall, homes sold in a median of 11 days, which is 8 days faster than in August and a notable improvement from last year. Houses sold in 20 days, units in 19, and land in 15.

Rentals
Rental activity declined, with 23 properties leased during the month, down 17.9 percent from August. The median rent held steady at $520 per week, up 4 percent compared to this time last year.

Rental Time on Market
There were 29 rental listings at the end of September, an 11.5 percent increase from the month before. Homes leased in a median of 23 days, slightly longer than in August but still within normal market range.