Thinking of investing in Mandurah?

By Mark Labrow on Jan 09 2018
Tagged as:
  • estate
  • investment
  • management
  • Mandurah
  • property
  • real


So 2018 is already upon us and all eyes are on the property market and how it might trend across the New Year. Many home owners and investors have found 2017 challenging, although the market is now showing the green shoots of change.

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So 2018 is already upon us and all eyes are on the property market and how it might trend across the New Year. Many home owners and investors have found 2017 challenging, although the market is now showing the green shoots of change.

If you’re thinking of investing in 2018 here in Mandurah we’ve got some important stats and suburb knowledge that can help you make the best choices possible.

Mandurah continues to have a steady rental market. Things have certainly begun to even out with the number of rental properties available dropping steadily towards to the back end of 2017. This should see prices in the market stabilise in the first quarter of 2018.

Central Mandurah is by far the busiest area when it comes to number of leased properties with close to 50 properties per month leasing it’s clear to see why investors keep coming back. However, competition is higher in Central Mandurah and you’ve really got to price and present your property well to stand out from the crowd.
Central Mandurah is a different investment proposition to the surrounding suburbs, with the majority on the market being Units, Duplex properties or Townhouse’s.

The median rental price for a Unit in Central Mandurah has hovered around the $260 p/w mark for most of the year.

Investment best buy in Mandurah – It’s clear that this 3 bed property with contemporary kitchen and decked rear garden with established planting is a must view for investors https://mandurah.ljhooker.com.au/unit-in-mandurah-wa-6210-au-3busff2


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One of the most popular suburbs in Mandurah continues to be Halls Head, there is a good turnover of rental properties with on average anywhere between 33 and 42 properties a month leasing in the suburb. The median rental price in Halls Head has remained consistently between $330-$350 p/w for most of the year.
Investment best buy in Halls Head – This is a gem of a property with a large outdoor patio, great gardens and a master bedroom with his and hers walk in robes https://mandurah.ljhooker.com.au/house-in-halls-head-wa-6210-au-3cv1ff2

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Meadow Springs is another solid investment area and it consistently appears at the top end of the charts when it comes to number of leased properties with on average 18 properties a month leasing.
The median price in Meadow Springs has fluctuated between $330 and $350 per week.
Investment best buy in Meadow Springs – This low maintenance, well presented three bedroom, two bathroom home is walking distance to the Meadow Springs Golf and Country Club and literally around the corner from the Meadow Springs Shopping Centre, Doctor Surgery and amenities. https://mandurah.ljhooker.com.au/house-in-meadow-springs-wa-6210-au-38waff2

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If you’re an investor looking to purchase and need some advice or guidance before making an offer on a property, don’t hesitate to make contact with me, I’m always happy to help.
Mark Labrow 0431 025 449
 

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