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WA › Mandurah › Dolphin Dr

U103, 16 Dolphin Dr, Mandurah WA 6210

For saleApartment

$1,149,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

231 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,149,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,149,000(Listing record · 14 Aug 2026)
  • CalculationAsk is 54% above 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 2.38% — 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

$1,149,000

Asking · $4,974/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

+53.6%

Median sale

Suburb $748,000

-1.28 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
$1,149,000
Stamp Duty (Western Australia)
$50,289
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
$1,203,214

$54,214 on top of the price (4.7% 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
0.88%
Annual cashflow (pre-tax)
$-49,631
Interest cover (DSCR)
0.17
Annual rent
$27,352
Operating expenses
$17,235
Loan amount
$919,200
Annual interest
$59,748
Gross yield
2.38%

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$1,149,000available14 Aug 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 231 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 2.4%. 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 231 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 Dolphin Dr →

Listing material

Listed by JW Residential

Why: Because this exclusive marina address offers exceptional ocean views and a premium position to appeal to all

What: A simply stunning 3 bedroom, 2 bathroom top floor apartment, with ocean views and a choice of balcony to savour

Who: Seekers of luxurious lifestyle living

Where: Within the heart of the Mandurah Ocean Marina and surrounded by recreational appeal, with dining, entertainment and retail options on the doorstep

Read the full description

Offering an absolutely prime position within the Mandurah Ocean Marina, your exclusive top floor placement ensures outstanding ocean views to enjoy, with luxurious living across the 146sqm interior. Completely updated for a modern and stylish feel, the flawless finish spans the entire residence, with quality inclusions and a true sense of space, with all three bedrooms extremely generous in size. The master suite benefits from a beautiful ensuite, with a guest bathroom following the same design, while your inviting open plan living and dining area is overlooked by a fully fitted and contemporary kitchen for appeal. Your outdoor living sits across two separate balcony's, with the two minor bedrooms offering access to one, and a larger option from the main living area and master suite, allowing a continuous flow throughout and an exceptional setting to entertain. As a resident of the complex, you also have access to two designated parking bays and a private storage room. While the opportunity to enjoy the facilities of the neighbouring Seashells Resort includes their infinity pool, tennis court and barbecue facilities.

Whether seeking to enjoy a permanent residence, a holiday retreat or an investment opportunity the location is ready to meet your needs, with endless restaurants, cafes and retail options a quick stroll away. The stunning Town Beach borders the complex, with a variety of waterways to explore in every direction, including shows from the resident dolphins and scenic outlooks to explore. Mandurah Foreshore continues the amenities, with regular markets, community events and even more recreational appeal, with the daily necessities of schooling and transport connections equally close at hand for those in need.

Stepping inside the apartment, you have an uninterrupted view across your living areas and balcony and straight to the ocean beyond, offering a welcoming sense of calm the second you arrive home. To your immediate left sits the guest bathroom that's been fully updated with luxe tiling, a walk-in shower and a vanity with storage, while the first of your two minor bedrooms is to the right. Furnished with carpet underfoot and a generous sizing for comfort, the bedroom offers balcony access and beachside views to savour. Another bedroom follows on and is equally well-spaced, with the same carpet, a cooling ceiling fan and walk-in robe, while access to the same balcony ensures an ocean soundtrack to enjoy.

Your kitchen offers extensive and fully fitted storage for a seamless design, with stone benchtops throughout and a breakfast bar for gathering friends, with a built-in wall oven, cooktop and rangehood, and integrated recesses for the fridge, dishwasher and microwave. Ducted air conditioning benefits the interior for year round well-being, with your open plan living and dining area appreciating cool coastal breezes, modern lighting and a direct flow to the balcony. And your laundry is nestled beyond the kitchen, with plentiful cabinetry and bench space within, along with feature timber panelling for appeal.

The luxurious master suite is placed to the rear to fully appreciate the apartments north facing aspect, with sliding doors directly to the patio for an indoor to outdoor flow, plus an effective split system air conditioning unit and a fitted walk-in robe. The ensuite bathroom again follows the resort like feel, with a glass screened shower recess and vanity, while the bath is placed beside a viewing window for an ocean vista to enjoy. The balcony is substantially sized for entertaining or appreciating a quiet rest at the end of a busy day, with tiled flooring, glass balustrading and more than enough room to relax.

And the reason why this property is your perfect fit? Because this sensational abode offers a resort style design for luxurious beachside living.

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Listing description written by Nikki de Rijcke, JW Residential — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Living Areas: 1
  • In-Ground Pool
  • Tennis Court
  • 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.