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Location

Market Insights for Mandurah WA 6210

New Listings (last 30 days)

145

Average price

$977,462

Lowest price

$549,000

Highest price

$3,000,000

2 Lefroy Street, Mandurah WA 6210

From $919,000

Search Band

$919k - $965k Transparent Based on an openly advertised listing price.

House 4 beds 2 baths 2 cars 1012 m²

Listed: 8th Jul 2026

Updated: yesterday

Overview

This distinctive property in the heart of Mandurah is an exceptional investment and lifestyle opportunity, offering a rare combination of a substantial land parcel zoned R60, dual income potential, and immediate comfort. Positioned on a 1012 sqm block, the site features a front residence equipped with modern conveniences including air conditioning, gas cooking, heating, and stainless steel kitchen appliances, designed to deliver a comfortable and functional living environment.

Adding significant value is the recently constructed two-bedroom, one-bathroom granny flat at the rear, ideal for extended family, guests, or as a rental unit generating additional income. Together, the front home and granny flat yield a combined rental return exceeding $55,000 per annum, reinforcing the property's appeal to investors seeking strong, diversified income streams with excellent capital growth prospects in a high-demand area.

The outdoor spaces, highlighted by a large pergola and a spacious carport, offer flexible entertaining and practical vehicle accommodation options. The property's proximity to various amenities such as the Mandurah Primary School, foreshore, shopping centers, marina, beaches, train station, and a range of dining and recreational options enhances convenience and lifestyle appeal.

This offering suits a variety of buyers, from investors aiming to capitalize on dual income and development potential to owner-occupiers seeking a comfortable family home with supplementary rental income. The potential to acquire the adjacent property and amalgamate the land presents further development possibilities, subject to council approval. Overall, this property presents a considered balance of lifestyle, investment, and future growth within a sought-after location.

Local Market Insights

In Mandurah, Quiet Listings observed 145 new houses entering the market over the last 30 days, up from 133 during the previous 30-day period, with an average advertised asking price of $977,462. The property type mix of listed properties is predominantly Houses at 78%, followed by land (8%), and units (5%). The most active agency for houses in the Mandurah area is currently Harcourts, representing 30% of new listings, followed by Belle Property with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.