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10/55 Forrest Street, Mandurah WA 6210

Offers Over $499K

Search Band Search Visibility Band

$499k - $549k High Confidence Calculated based on strong search observations.

House 2 Beds 2 Baths 1 Car

Listed: 3 hours ago

Overview

Offering a boutique lifestyle, this 2-bedroom, 2-bathroom apartment presents an ideal opportunity for those seeking modern comfort combined with convenience. Located just a short drive from the Mandurah foreshore, the property benefits from close proximity to cafes, bars, and shops, supporting an active and social lifestyle.

The open-plan living area is designed to maximize natural light and flexibility, making it well suited for both everyday family living and entertaining guests. Attention to year-round comfort is evident with reverse cycle air conditioning installed throughout the apartment.

Security features enhance peace of mind, creating a safe environment for residents. The relatively low-maintenance nature of this apartment aligns well with professionals, couples, or small families who value a lock-and-leave lifestyle without compromising on living quality.

Additional considerations include strata fees of $468.80 per quarter, which suggests shared maintenance responsibilities typical of apartment living, and the property is currently tenanted until 18/12/26 at $520 per week, offering investment return potential for the astute buyer.

Overall, this property balances lifestyle, practicality, and location, providing a comfortable residence or investment within the Mandurah community.

Local Market Insights

In Mandurah, Quiet Listings observed 162 new houses entering the market over the last 30 days, up from 131 during the previous 30-day period, with an average advertised asking price of $1,003,821. The property type mix of listed properties is predominantly Houses at 74%, followed by land (9%), and units (5%). The most active agency for houses in the Mandurah area is currently Harcourts, representing 28% of new listings, followed by Belle Property with 10%. 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.