Mandurah & Perth Rental Market Update 2025: Prices, Yields, Vacancies & Sales Trends

Jump to:

• Mandurah Region Market Overview
• Rental Prices Across the Mandurah Region
• Rental Yields by Suburb Group
• Vacancy Rates & Available Rentals
• Perth & Mandurah Sales Market Update
• What This Means for Landlords & Investors
• 2025–2026 Market Outlook

📍 Mandurah Region Market Overview (Updated 2025)

The Mandurah real estate market continues to be one of Western Australia’s strongest rental and investment regions. Importantly, “Mandurah” is not a single suburb – it is a collection of more than 15 suburbs, each with completely different price points, demographics, rental demand profiles, and investment returns.

The region includes:

Mandurah, Meadow Springs, Madora Bay, San Remo, Lakelands, Dudley Park, Coodanup, Greenfields, Erskine, Falcon, Wannanup, Halls Head, Silver Sands, Dawesville, Bouvard.

This diversity is what makes Mandurah a uniquely attractive market. From entry-level high-yield suburbs to premium coastal pockets, the region offers strong rental competition, low vacancies, and increasing property values across almost every suburb.

💰 Rental Prices Across the Mandurah Region

Weekly rents have remained strong throughout 2025, supported by extremely low vacancy rates and limited new housing supply.

Median weekly rent across the region:

• Houses: $530–$650 per week (suburb dependent)
• Units/Villas: $420–$520 per week

Suburb Group Breakdown

🏖️ Premium Coastal Suburbs

Madora Bay, San Remo, Dawesville, Wannanup, Erskine, Halls Head

• Higher average rents
• High owner-occupier demand
• Shorter days-on-market for rentals

🏡 Established Family Suburbs

Meadow Springs, Lakelands, Dudley Park

• Steady rental demand
• Strong appeal for relocators and families

💸 High-Yield Entry-Level Suburbs

Greenfields, Coodanup, Silversand, Mandurah

• Most affordable buy-in prices
• Strongest rental yields in the region

Across all suburbs, rent prices have held firm or increased slightly year-to-date, with very few signs of softening.

📈 Rental Yields Across Mandurah

Rental yields remain one of Mandurah’s biggest drawcards for investors.

• Houses: 4.6% average gross yield
• Units: 5.2–5.5% average gross yield

Suburbs like Greenfields, Coodanup, and parts of Dudley Park often outperform the average due to lower median prices paired with solid weekly rents.

Coastal suburbs attract long-term capital growth, while inland pockets deliver stronger weekly cashflow. Investors benefit from both options depending on strategy.

🏘️ Vacancy Rates & Available Rentals

Vacancy rates across the Mandurah region remain critically low:

Vacancy rate (Mandurah region): ~0.9%
Vacancy rate (Perth metro overall): approx. 0.7–1.2%

These vacancy levels are well below what is considered a balanced market (3%). This means:

• High competition among tenants
• Low days-on-market
• Stable rent returns for landlords

The number of available rentals remains limited, and new supply is not keeping pace with population and migration growth, particularly within family suburbs and coastal lifestyle areas.

🏡 Sales Market Update: Mandurah & Perth (2025)

House prices across both Perth and the Mandurah region have continued to climb through 2025.

📈 Perth Median House Price

The Perth median house price has seen a strong rise year-to-date, with many inner and coastal suburbs outperforming the broader market.

📈 Mandurah Region House Prices

Across the Mandurah region, median house prices typically range from the mid-$500,000s to mid-$700,000s depending on the suburb.

Many suburbs across the region have experienced double-digit annual growth due to:

• increased demand from Perth relocators
• affordability relative to coastal Perth suburbs
• strong lifestyle appeal
• continued investor activity

Total market growth since January 1st: Many suburbs have seen approximately 10–14% price growth year-to-date, with standout pockets exceeding this range.

🔑 What This Means for Landlords & Investors

The 2025 market conditions heavily favour landlords:

• High rental yields
• Low vacancy rates
• Strong, consistent tenant demand
• Increased capital growth across most suburbs
• Faster leasing times

These conditions also highlight the importance of professional property management, regular inspections, compliance documentation, and accurate reporting—especially for investors looking to maximise returns and protect asset value.

📅 Market Outlook for 2025–2026

The Mandurah and Perth rental markets are expected to remain strong heading into 2026. Key drivers include:

• Continued population growth
• Limited new residential supply
• Strong migration numbers into WA
• Ongoing affordability challenges pushing Perth buyers into Mandurah

Unless there is a significant increase in housing supply, rental pressure is expected to remain high, yielding stable or rising rents well into next year.

If you’re a landlord, investor, or homeowner wanting tailored insights for your suburb, reach out anytime for a detailed report or rental appraisal.