FOR SALE
Offers over $520,000

55 Morfitt Street
Mandurah WA 6210

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1029m2
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Expand Your Portfolio: R60 Site in Mandurah

Presenting an exceptional development opportunity—1029m² of Residential R60 zoned land featuring a well-maintained 3-bedroom home with a long-term tenant of over 7 years who would love to stay for the long term. Located in the heart of Mandurah, this property offers a prime chance to secure a high-potential site.
Development Potential
Located within the Inner Mandurah Precinct Plan, this versatile R60-zoned site provides a variety of development options (subject to council approval):
- Grouped Dwellings (R60): Potential for up to eight townhouses with a minimum lot size of 120m² each.
- Grouped Dwellings (R50): Alternatively, consider up to five townhouses with a minimum lot size of 180m² each.
- Multiple Dwellings (Apartments): The site can accommodate 10–12 units, depending on size and configuration.
Prospective buyers are encouraged to verify development requirements with the Shire of Mandurah. The site's flexibility makes it ideal for multiple project types.
Prime Location
The property's location offers unmatched convenience:
- Mandurah Foreshore: Just 2.3km away, with scenic waterfront views and leisure options.
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Property Details for 55 Morfitt St, Mandurah

55 Morfitt St, Mandurah is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1029m2. The place is currently for sale with Ascent Property Co.

Building Type
House
Land Size
1029m2

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About Mandurah 6210

The size of Mandurah is approximately 7.5 square kilometres. It has 33 parks covering nearly 11.2% of total area. The population of Mandurah in 2011 was 7,327 people. By 2016 the population was 7,827 showing a population growth of 6.8% in the area during that time. The predominant age group in Mandurah is 60-69 years. Households in Mandurah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mandurah work in a trades occupation. In 2011, 38.7% of the homes in Mandurah were owner-occupied compared with 43% in 2016.

Mandurah has 7,655 properties. Over the last 5 years, Houses in Mandurah have seen a 124.97% increase in median value, while Units have seen a 109.19% increase. As at 31 October 2024:

  • The median value for Houses in Mandurah is $548,903 while the median value for Units is $503,986.
  • Houses have a median rent of $500 while Units have a median rent of $475.
There are currently 102 properties listed for sale, and 40 properties listed for rent in Mandurah on OnTheHouse. According to CoreLogic's data, 650 properties were sold in the past 12 months in Mandurah.

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Luke Langford
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Ascent Property Co
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