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WA › Mandurah › Ward St

32 Ward St, Mandurah WA 6210

For saleHouse for Sale

$699,000

For sale

Asking

2

Bedrooms

1

Bathrooms

4

Car spaces

1,024 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 28 July 2026)
  • CalculationLand 1,024 m² against a 80 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 7% below the Mandurah median recorded sale ($748,000, n=71, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mandurah's advertised median rent ($526/wk), implied gross yield would be 3.91% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$699,000

Asking · $683/m² of land

No recorded sale for this property.

Mandurah at a glance

10,291

People

$748,000

Median sale

$526/wk

Median rent

3.66%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full Mandurah report →

Vs Mandurah

-6.6%

Median sale

Suburb $748,000

+0.25 pp

Gross yield

Suburb 3.66%

Suburb median $748,000 from 71 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Western Australia)
$27,218
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$730,143

$31,143 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Mandurah's advertised median rent — not a rent for this listing.

Net yield
2.41%
Annual cashflow (pre-tax)
$-19,481
Interest cover (DSCR)
0.46
Annual rent
$27,352
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
3.91%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$699,000available28 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,024 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $526/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,024 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mandurah in one glance

Mandurah at a glance

10,291

People

$748,000

Median sale

$526/wk

Median rent

3.66%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full Mandurah report →

Keep researching

  • Why Mandurah? Read the area thesis →
  • What else is on the market in Mandurah →
  • Other records on Ward St →

Listing material

Listed by Elders Real Estate Mandurah

Buy the Land. Keep the House. Develop the Dream.

They say don't judge a book by its cover... and this property is living proof.

Let's be honest-the real star of the show isn't the home, it's the incredible 1,024m² block with R60 zoning, opening the door to exciting development potential (subject to relevant approvals).

The existing home? Think of it as the bonus. Whether you renovate, rent it out while you plan your next move, or simply appreciate having somewhere to start, the possibilities here are all about the land beneath your feet.

Read the full description

If you've been searching for a property where the future value lies in the block rather than the bricks and mortar, this could be exactly what you've been waiting for.

Accommodation & Design

Stepping inside, you're welcomed into a light-filled front lounge room where a full wall of windows allows plenty of natural light to stream through. Carpet underfoot, curtains, a ceiling fan and a reverse cycle split system create a comfortable everyday living space.

The home has been painted in neutral tones throughout, providing a blank canvas should you wish to modernise over time.

Positioned nearby, the original kitchen is functional and ready for use, featuring a freestanding oven and stove, wood-look flooring and plenty of scope for someone wanting to add their own style and improvements.

The main bedroom is generously sized and includes a freestanding wardrobe, while the second bedroom also provides comfortable accommodation. Both bedrooms, along with the lounge and dining areas, are carpeted.

The bathroom is neat, functional and serves the home well as is, while the enclosed laundry provides direct access through to the side carport for added convenience.

Outdoor Living & Features

Outside is where this property really begins to shine.

Sitting on an impressive 1,024m² parcel of land with sought-after R60 zoning, the block offers exceptional potential for future development or redevelopment (subject to council and WAPC approvals).

The expansive backyard provides an abundance of space, whether you need room for vehicles, trailers, boats, caravans or simply want to enjoy the extra land while planning your next move.

Adding to the home's old-school charm is the separate external toilet located beside the carport-a nostalgic feature reminiscent of classic farmhouses. Practical when you're out in the yard, working in the shed or simply entertaining outdoors, it's a feature you don't see every day.

There's also a rear garage/workshop. Is it brand new? Definitely not. Has it seen a few years? Absolutely. Whether it's for storing tools, tackling weekend projects or housing that ever-growing collection of "I'll use it one day" timber, it's ready for its next chapter.

Whether you're a developer, investor or buyer with a vision, opportunities like this don't present themselves every day.

Property Features

• Approx. 1,024m² block

• R60 zoning

• Outstanding development potential (STCA)

• Original two-bedroom, one-bathroom home

• Front lounge with wall of windows for natural light

• Reverse cycle split system air conditioning

• Ceiling fan to lounge

• Neutral paint throughout

• Original kitchen with wood-look flooring

• Freestanding oven and stove

• Generous main bedroom with freestanding wardrobe

• Second bedroom

• Functional bathroom

• Carpet to lounge, dining and bedrooms

• Enclosed laundry with external access

• Single carport

• Separate external toilet beside the carport

• Rear garage/workshop

• Generous backyard with endless possibilities

• Ideal investment, renovation or redevelopment opportunity

Location Highlights (Approx.)

• Close to local schools and childcare facilities

• Minutes to shopping centres and everyday amenities

• Easy access to public transport

• Short drive to Mandurah CBD and Foreshore

• Nearby parks and recreational facilities

Buyers are encouraged to undertake their own due diligence regarding any future development potential, with all re-development subject to the relevant council and statutory approvals.

***The information provided including photography is for general information purposes only and may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should place no reliance on this information and are required to complete their own independent enquiries, inclusive of due diligence. Should you not be able to attend in person, we offer a walk through inspection via online video walk-through or can assist an independent person/s to inspect on your behalf, prior to an offer being made on the property.

*All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.***

Listing description written by Jacob King, Elders Real Estate Mandurah — reproduced as published, not verified by Districts.

Property features

  • Shed
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.