Mandurah

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A mortgagee property in Western Australia’s Greenfields has come onto the market.
The three-bedroom, one-bathroom home has been listed with hopes of between $190,000 and $200,000.
Located at 4 Lorikeet Court, the 703 sqm block is situated at the end of a quiet cul-de-sac.
The property’s offerings include a large enclosed patio room, storage sheds and decent yard area.
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-09-09%20at%202.10.20%20pm.png" alt="">
It last traded for $260,000 in 2014.
The home is in close proximity to the amenities in Mandurah, as well as being less than an hour to Perth.
Acton agent Greg Kent has the listing.
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Greenfields, Western Australia mortgagee home listed for $200,000 

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A mortgagee unit in Western Australia’s Mandurah has hit the market.
The three-bedroom, two-bathroom home has price hopes of $255,000.
Located at <a href="https://www.realestate.com.au/property-house-wa-mandurah-133840106">74a Cooper Street</a>, the home is within walking distance to the Mandurah foreshore and shopping precinct.
Its offerings include an open plan living area, a low-maintenance rear courtyard and a double car garage.
The property last traded in 2006 for $375,000.
Professionals agent Kathryn Fiorenza has the listing.
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Mandurah, WA mortgagee unit listed for $255,000

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A development site, in the Western Australian city of Mandurah, has been listed for sale.
Occupying 6,045 square metres, 310 Pinjarra Road is directly opposite the freshly-upgraded Mandurah Forum Shopping Centre.
It adjoins a BP service station on the city’s main arterial road.
It primarily occupies the corner of Pinjarra Road and Dower Street, with frontages of 45 metres and 70 metres respectively, but also features an additional 40 metre frontage on Parkview Street.
The title is currently subject to separate zonings, with 3,821square metres facing Pinjarra Road zoned Service Commercial, and a further 2,224 square metres on Parkview Street currently zoned Residential.
The City of Mandurah is considering a new Town Planning Scheme that would result in joint Commercial &amp; Residential Mixed-Use zoning, adding development options for the Parkview Street portion.
Mandurah, approximately 70 kilometres south of the Perth CBD, is Western Australia’s largest regional city, with its current population of 84,000 forecast to grow by 44% between now and 2036.
The development site is surrounded by additional amenities including parks, the Mandurah Aquatic and Recreation Centre and Mandurah Library.
CBRE’s Ben Younger and Jake Wallman have been appointed to manage the campaign, in conjunction with Peter Vetten from Raine &amp; Horne Mandurah, with offers due June 4.
“Development sites of this quality don’t come to market very often,” Mr Wallman said.
“We expect this opportunity to generate significant interest from developers attracted to the site’s outstanding location; Pinjarra Road generates huge exposure and the Mandurah Forum is directly next door.
“This is a unique site benefiting from three street frontages, while its zoning also allows for a broad range of development options.”
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Mandurah development site listed for sale

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Located on the southwest coast of Western Australia, a Mandurah four bedroom house has been sold by mortgagees for $235,000.
It was sold by Keith Prevost from Harcourts earlier this month.
It had last sold at $140,000 in 2003.
Positioned on an 830 sqm block, <a href="https://www.realestate.com.au/sold/property-house-wa-mandurah-126100182" target="_blank">the 15 Kingdon St house</a> comes with three bedrooms, a large living area with a games or dining room to the rear and re-fitted bathroom.
Other features include reverse cycle a/c to main living areas.
The Western Australian home is close to central Mandurah, train station and Caterpillar Park.
<a href="https://www.propertyobserver.com.au/lose%20to%20central%20Mandurah,%20train%20station%20and%20Caterpillar%20Park" target="_blank">The median house price sits on $282,500</a>, according to CoreLogic.
 
 
 
 
 
 
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Mandurah three bedroom house, WA, sold by mortgagee

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Mandurah Forum is undergoing a $350 million makeover.
Western Australian Premier Colin Barnett joined Vicinity Centres executive general manager of development Jonathan Timms to unveil the transformation project on Monday.
Post-development, the retail centre will almost double in size. 
“We are creating a major regional shopping centrewith the introduction of the first next generation David Jones store in WA which will anchor an upgraded fashion offer at the centre, and also include an enhanced food and dining offer,” Timms said. 
Along with David Jones, there will be a Target store to complement the existing retailers in the centre – Kmart, Big W, Coles and Woolworths. 
“With a retail offer including more than 220 stores, unrivalled south of Perth, the new centre will be a destination offering premium and fashion-forward brands and the best of everyday fashion for the whole family.” 
The upgraded centre will have food and dining options, including a café and restaurant precinct with al fresco dining options around a water oasis.
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Mandurah's top retail centre to get $350 million upgrade

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Mandurah (postcode 6210), the second-largest city in Western Australia, rounds off the top 10 most searched regional suburbs for 2015 on rent.com.au’s list.
The median rent for all rental properties advertised in Mandurah in the 30 days to the first week of February was $310 per week, same as the last quarter. 
In comparison, the surrounding suburbs of Coodanup, Dudley Park, Greenfields, Halls Head, Meadow Springs and Silver Sands were much expensive, with median rent for the same period at $370.
The rental price range in Mandurah varied from $215 for a one-bedroom place to $450 for four-bedrooms in the 30 days.
The average days on market for all rental properties advertised in Mandurah in the latest 90 days was 36 days, 17 days shorter than the previous quarter.
The number of rental properties advertised in Mandurah in the 30-day period rose sharply by 42 to 96 properties — 64 houses and 32 apartments — from the previous 30 days. 
There are a total of 1,899 rental properties in Mandurah, 56.4% of all properties there (ABS, Census Data, 2011). 
Mandurah is made up of 86.1% houses and 13.9% apartments.
Property Observer found these two examples for recent rented properties around the median on rent.com.au:
<img src="/images/2016/03/9/Screen%20Shot%202016-03-09%20at%208.23.11%20AM.png" alt="" width="624" height="436">
1. A three-bedroom house at <a href="https://www.rent.com.au/property-house-mandurah-6210-1356378" target="_blank">42 Cassowary Crescent</a> (above) is up for rent at $350 a week.
<img src="/images/2016/03/9/main.jpg" alt="" width="582" height="437">
2. A three-bedroom villa at <a href="https://www.rent.com.au/property-villa-mandurah-6210-1690152" target="_blank">1/48 Gibson Street</a> (above) can be rented for $310 per week.
The ASX-listed Rent.com.au Ltd achieved a record 615,405 unique visitors to its website in January, followed by more than 610,000 unique visitors in February.
Landlords are able to list their property for free in a limited time offer on <a href="https://www.rent.com.au/">rent.com.au</a>.
 
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Mandurah median rents stayed constant till early Feb, cheaper than surrounds: rent.com.au

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Some 11.4% of resold homes across Perth in the September 2015 quarter were sold for less than the previous purchase price, according to CoreLogic RP Data.
It was the highest proportion of loss-making resales since July 2012. 
The 11.4% of resales at a loss is up from just 5% 12 months ago. 
The Cottesloe and Peppermint Grove council areas recorded no resales at a loss over the quarter, while Serpentine-Jarrahdale (2.3%) was the only other region below 5%.
 The highest proportion of loss-making resales occurred in the Perth (37.1%), Mandurah (23.6%) and Nedlands (20%) council areas. 
<a href="/images/2016/01/29/Screen%20Shot%202016-01-29%20at%2011.36.06%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/01/29/Screen%20Shot%202016-01-29%20at%2011.36.06%20AM.png" alt="">
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Mandurah, Nedlands and Perth highest WA loss making resale proportion: CoreLogic RP Data

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The Australian leading commercial real estate company Colliers International are selling a large parcel of land two blocks from the beach in Mandurah.
The 15,793 sqm vacant land, split over two adjacent blocks, is expected to capture interest from tourist and residential developers.
Located an hour south of Perth, the separate blocks comprise of <a href="https://www.realcommercial.com.au/property-land+development-wa-mandurah-501783462">170 Mandurah Terrace</a> and the former Lucky Caravan Park at 20 Henson Street.
Both properties are zoned urban under the Peel Region Scheme which allows for residential development, employment and retail use.
However, additional permitted uses under the City of Mandurah Town planning scheme allow for commercial and tourist development.
Colliers International director of investment services Nicholas Agapitos said the properties were the largest parcel of land to come to the market in Mandurah in some time, and had a flexible range of uses. 
“There is an existing approval for a tourist development on the site and Mandurah remains a hotspot for overnight and short-stay accommodation," he said.
The Peel region recently recorded a 13-year high in domestic overnight visitors, with approximately 540,000 domestic overnight trips. 
The development approval allows for 47 residential apartments, 165 tourist units and 10 ground-floor commercial tenancies. Approval was also granted for a 12-storey tower on the site and 477 parking bays. 
Offers for the properties close December 21. 
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