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WA › Mandurah › Lefroy St

U10, 4 Lefroy St, Mandurah WA 6210

For saleHouse

$649,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

124 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $649,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $649,000(Listing record · 16 Mar 2026)
  • CalculationRecorded House sales in Mandurah (last 5 years) with land size: median $1,022/m² of land (n=54). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 13% 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 4.21% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$649,000

Asking · $5,234/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Mandurah (last 5 years) with land size have a median of $1,022/m² of land (n=54). Districts calculation from recorded sales — not a valuation.

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

-13.2%

Median sale

Suburb $748,000

+0.55 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
$649,000
Stamp Duty (Western Australia)
$24,843
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
$677,768

$28,768 on top of the price (4.4% 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
2.71%
Annual cashflow (pre-tax)
$-16,131
Interest cover (DSCR)
0.52
Annual rent
$27,352
Operating expenses
$9,735
Loan amount
$519,200
Annual interest
$33,748
Gross yield
4.21%

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$649,000available16 Mar 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 124 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 4.2%. 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 124 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 Lefroy St →

Listing material

Listed by Harcourts Mandurah

Walk to Beach and Silver Sands Shopping Centre

Ideally positioned in a convenient and central Mandurah location, 10/4 Lefroy Street presents an outstanding opportunity for first home buyers or retirees seeking a low-maintenance, lock-and-leave lifestyle.

Set in a quiet and well-located pocket, this 3 bedroom, 2 bathroom, 2 car residence is designed for easy living, offering comfort, practicality and minimal upkeep.

The functional layout provides spacious living areas, well-sized bedrooms and a design that suits those looking to move straight in and enjoy.

Read the full description

Strata fees are affordable and contribute to the ease of ownership, with quarterly costs of $440.00 plus a $30.00 reserve fund, bringing the total to $470.00 per quarter.

The location is where this property truly stands out.

Situated in a quiet street, you are just moments from the beach, local shops, public transport and the Mandurah train station, making everyday living simple and convenient.

The freeway is only an 8-minute drive away, offering easy access to Perth.

Mandurah is a vibrant coastal city known for its relaxed lifestyle, beautiful waterways and thriving marina precinct, with waterfront dining, cafes, shopping and entertainment all within easy reach.

Nearby schools include Mandurah Primary School and John Tonkin College, while Mandurah Forum and the foreshore precinct are just a short drive away.

Combining lifestyle, location and low-maintenance living, 10/4 Lefroy Street is the perfect place to call home.

Key Features:

• 3 spacious bedrooms

• 2 bathrooms

• 2 car parking

• Low maintenance lock-and-leave property

• Great tenant currently in place wishing to stay

• Periodic tenancy offering flexibility for investors or future owner occupiers

• Functional and practical floor plan

• Well suited to investors, downsizers or first home buyers

• Easy care living with minimal upkeep required

• Located in a convenient Mandurah complex

• Comfortable living close to Mandurah's vibrant coastal lifestyle

Shopping & Local Conveniences:

• Mandurah Forum Shopping Centre - approx. 5 minutes / 2.5km

• Mandurah Foreshore & Marina - approx. 5 minutes / 2.5km

• Mandurah Train Station - approx. 6 minutes / 3.5km

• Mandurah Aquatic & Recreation Centre - approx. 6 minutes / 3km

• Mandurah Primary School - approx. 4 minutes / 2km

• John Tonkin College - approx. 6 minutes / 3km

• Mandurah Estuary - approx. 5 minutes / 2.5km

Food & Drink:

• Flics Kitchen - approx. 5 minutes / 2.5km

• The Peninsula Bar & Restaurant - approx. 6 minutes / 3km

• Brewvino Bar Kitchen & Lounge - approx. 6 minutes / 3km

• Murphy's Irish Pub Mandurah - approx. 5 minutes / 2.5km

• Mandurah Foreshore cafés and restaurants - approx. 5 minutes / 2.5km

• Mandurah Ocean Marina dining precinct - approx. 7 minutes / 3.5km

Please call Michael on 0417 927 159 and Christine on 0404 048 880 for further details

This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Listing description written by Michael Goodwin, Harcourts Mandurah — reproduced as published, not verified by Districts.

Districts

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

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