City of MandurahEconomic profile

Have you noticed that pages have moved around? We've updated the structure of economic profile to make it easier to find what you need. Read the full list of changes

Skip to content

City of Mandurah

Housing valuation

At June 2016, the City of Mandurah had a median house valuation of $407,820, $92,405 lower than the median house valuation for Western Australia.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High housing prices usually indicate access to high-paid jobs and a very desirable area. However they can present issues in attracting and retaining key lower skilled workers. Lower housing prices indicate less demand and may be an asset for attracting people to live in the area. However they can also indicate lower paid and lower skilled jobs or a declining economy.

Housing prices often factor in a home ownership premium due to expected capital growth and the ability to customise the property, but rental costs are a more direct measure of the immediate economic value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2011-2016, Housing Valuation System

Housing values
City of Mandurah20162013Change
Housing value (at June)City of MandurahWestern AustraliaCity of Mandurah relative to Western AustraliaCity of MandurahWestern AustraliaCity of Mandurah relative to Western Australia2013 to 2016
House--------------
First Quartile$338,508$392,026-13.7%$325,789$380,886-14.5%+$12,719
Median$407,820$500,225-18.5%$393,637$496,421-20.7%+$14,183
Third Quartile$504,916$666,749-24.3%$480,399$667,328-28.0%+$24,517
Unit--------------
First Quartile$261,660$311,574-16.0%$257,124$313,575-18.0%+$4,536
Median$306,072$392,052-21.9%$299,901$392,444-23.6%+$6,171
Third Quartile$409,102$489,269-16.4%$391,200$504,487-22.5%+$17,902

Source: Hometrack 2011-2016, Housing Valuation System.

Housing values, 2016
Housing values, 2016 Third Quartile, Western Australia: $489,269 Median, Western Australia: $392,052 First Quartile, Western Australia: $311,574 Third Quartile, Western Australia: $666,749 Median, Western Australia: $500,225 First Quartile, Western Australia: $392,026 Third Quartile, City of Mandurah: $409,102 Median, City of Mandurah: $306,072 First Quartile, City of Mandurah: $261,660 Third Quartile, City of Mandurah: $504,916 Median, City of Mandurah: $407,820 First Quartile, City of Mandurah: $338,508
Source: Hometrack 2011-2016, Housing Valuation System
Change in housing values, 2013 to 2016
Change in housing values, 2013 to 2016 Third Quartile, Western Australia: $-15,218 Median, Western Australia: $-392 First Quartile, Western Australia: $-2,001 Third Quartile, Western Australia: $-579 Median, Western Australia: $3,804 First Quartile, Western Australia: $11,140 Third Quartile, City of Mandurah: $17,902 Median, City of Mandurah: $6,171 First Quartile, City of Mandurah: $4,536 Third Quartile, City of Mandurah: $24,517 Median, City of Mandurah: $14,183 First Quartile, City of Mandurah: $12,719
Source: Hometrack 2011-2016, Housing Valuation System

To continue building your economic story go to...

v16.07.05-1.0.8