Mandurah Market Update March 2021

10 Mar 2021

My Real Estate journey started right here in the Mandurah market, in 1991. After 30 years’ experience I finally feel qualified to offer an insight into the Mandurah Murray property market. I’ve seen booms and busts and worked through a wide range of selling conditions and I’d have to say there’s no doubt the current market is the strongest it has been since 2006. So, if you have been holding off selling waiting for the market to improve, it’s time to make hay while the sun is shining. A shortage of available homes, units and land to choose from across all Mandurah and Murray suburbs and a strong increase in demand coupled with historical low interest rates is driving the market forward at a rate we haven’t seen for a long time. Initially the buyer pressure was on the lower end of the market under $350,000, however as stock started to become depleted and the months passed towards the end of 2020 that demand spread to the more expensive end of town. REIWA reports that in Halls Head...

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