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WA › Mandurah › Elizabeth St

U6, 12 Elizabeth St, Mandurah WA 6210

For saleUnit

$500,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

125 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $500,000(Listing record · 14 July 2026)
  • CalculationRecorded Unit sales in Mandurah (last 5 years) with land size: median $3,012/m² of land (n=3). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 33% 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 5.47% — 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

$500,000

Asking · $4,000/m² of land

No recorded sale for this property.

Local land rate: recorded Unit sales in Mandurah (last 5 years) with land size have a median of $3,012/m² of land (n=3). 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

-33.2%

Median sale

Suburb $748,000

+1.81 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
$500,000
Stamp Duty (Western Australia)
$17,765
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
$521,690

$21,690 on top of the price (4.3% 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
3.97%
Annual cashflow (pre-tax)
$-6,148
Interest cover (DSCR)
0.76
Annual rent
$27,352
Operating expenses
$7,500
Loan amount
$400,000
Annual interest
$26,000
Gross yield
5.47%

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$500,000available14 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 125 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 5.5%. 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 125 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 Elizabeth St →

Listing material

Listed by Realmark Mandurah

Invest, Nest or Downsize in the Heart of Mandurah

What to Love

Situated in one of Mandurah's most convenient CBD locations, this well presented ground floor unit offers an unbeatable combination of convenience, comfort and low maintenance living.

Positioned just a short walk from Aldi, Mandurah Forum, cafes, restaurants and the train station, it's an ideal opportunity for first home buyers, downsizers and investors seeking a central location with strong rental appeal.

Read the full description

Set at the rear of the complex, the unit features a light filled open plan design that flows seamlessly to its own outdoor courtyard space, creating a feeling that perfectly complements the lock-and-leave lifestyle on offer.

The spacious master bedroom is complete with a generous walk in robe, while the versatile second bedroom features a triple wardrobe and built in study nook, ideal for today's flexible lifestyle requirements.

Investors will appreciate the property's proven and secure rental performance, most recently leased to the same tenants for 10 years, providing a strong indication of tenant satisfaction and ongoing rental stability.

What to Know

• Well appointed kitchen with stainless steel appliances and dishwasher

• Two spacious bedrooms and one modern bathroom

• Open plan living and dining area filled with natural light

• Split system air conditioning for year round comfort

• Master bedroom with generous walk in wardrobe

• Second bedroom featuring triple wardrobe and study nook

• Undercover allocated parking spot right in front of unit

• Low maintenance, lock & leave lifestyle

• Strata fees approximately $598 per quarter

• Approximate rental yield of $500 to $550 per week

• Video walkthrough available

Who to talk to

James Caruana | 0448 896 032 | jcaruana@realmark.com.au

Listing description written by James Caruana, Realmark Mandurah — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Toilets: 1

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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.