City of MandurahEconomic profile
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City of Mandurah

Rental listings

At June 2017, the City of Mandurah had a median house rental of $320, $30 lower than the median house rental for Western Australia.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High and increasing rents are an indication of a strong economy and a desirable area, with access to jobs and services. Units are more commonly rented than houses, and renters tend to be younger than home owners on average. People may rent to be close to employment, entertainment and services, or they may rent while saving to buy a home.

Housing prices often factor in a home ownership premium, but rental costs are a more direct measure of the time-value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2013-2017, Automated Valuation System

Rental listings
City of Mandurah20172013Change
Housing value (at June)City of MandurahWestern AustraliaCity of Mandurah relative to Western AustraliaCity of MandurahWestern AustraliaCity of Mandurah relative to Western Australia2013 to 2017
House--------------
First Quartile$280$300-6.7%$340$390-12.8%-$60
Median$320$350-8.6%$390$460-15.2%-$70
Third Quartile$360$425-15.3%$450$600-25.0%-$90
Median Rental Yield4.5%4.3%--5.2%5.2%----
Unit--------------
First Quartile$240$270-11.1%$320$360-11.1%-$80
Median$270$320-15.6%$360$430-16.3%-$90
Third Quartile$320$390-17.9%$450$550-18.2%-$130
Median Rental Yield4.9%4.6%--5.0%5.5%----

Source: Hometrack 2011-2016, Automated Valuation System.

Rental listings, 2017
Rental listings, 2017 Third Quartile, Western Australia: $390 Median, Western Australia: $320 First Quartile, Western Australia: $270 Third Quartile, Western Australia: $425 Median, Western Australia: $350 First Quartile, Western Australia: $300 Third Quartile, City of Mandurah: $320 Median, City of Mandurah: $270 First Quartile, City of Mandurah: $240 Third Quartile, City of Mandurah: $360 Median, City of Mandurah: $320 First Quartile, City of Mandurah: $280
Source: Hometrack 2011-2016, Automated Valuation System
Change in rental listings, 2013 to 2017
Change in rental listings, 2013 to 2017 Third Quartile, Western Australia: $-160 Median, Western Australia: $-110 First Quartile, Western Australia: $-90 Third Quartile, Western Australia: $-175 Median, Western Australia: $-110 First Quartile, Western Australia: $-90 Third Quartile, City of Mandurah: $-130 Median, City of Mandurah: $-90 First Quartile, City of Mandurah: $-80 Third Quartile, City of Mandurah: $-90 Median, City of Mandurah: $-70 First Quartile, City of Mandurah: $-60
Source: Hometrack 2011-2016, Automated Valuation System

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