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56/98 Mandurah Terrace, Mandurah$449,000
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For Saleapartment

56/98 Mandurah Terrace

Mandurah, WA 6210, Australia
$449,000
2 bed 2 bath 1 car55 m²

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About this property

Positioned in a well-located coastal complex, this upper-floor apartment presents a ready-made investment opportunity, offering a functional layout, modern updates, and the added benefit of an established tenancy in place. Currently leased at $480.00 per week until 01/11/2026, the property provides immediate rental income, making it an ideal option for investors seeking a low-maintenance addition to their portfolio. The apartment features a well-considered open plan design, with wood-look flooring through the main living area and a practical flow between kitchen and lounge spaces. The updated kitchen is equipped with electric appliances, rangehood, overhead cabinetry, and comes inclusive of a fridge, microwave, and dining suite, offering a complete and convenient setup. Accommodation comprises two bedrooms and two bathrooms, with the master bedroom featuring a ceiling fan, built-in cabinetry, headboard with shelving, and private ensuite access. The second bedroom includes a freestanding wardrobe, bedframe, and additional storage features, while the second bathroom is generously sized. The living area is furnished with an L-shaped couch, creating a comfortable central space, while a cleverly concealed laundry is tucked behind sliding curtains for practicality without compromising aesthetics. Both bedrooms are carpeted for comfort. Located on the top floor, the property enjoys added privacy within the complex and includes a designated single car bay. Furnishing & Inclusions: The property is being sold with furnishings in place, providing a walk-in ready or continued investment solution. Please note, some items within the property belong to the current tenant. A detailed inventory list outlining included items will form part of the sale contract to ensure full clarity for purchasers. Key Features Include: Currently leased at $480.00 per week until 01/11/2026 Upper-floor apartment with added privacy Two bedrooms, two bathrooms Open plan living with wood-look flooring Updated kitchen with electric appliances & overhead cabinetry Fridge, microwave & dining suite included Furnished living area with L-shaped couch Master bedroom with ensuite, ceiling fan & built-in features Second bedroom with freestanding wardrobe & storage Generous second bathroom with additional storage Laundry with sliding curtain concealment Carpeted bedrooms Single car bay Offering a complete, low-maintenance investment in a central Mandurah location, this property combines functionality, comfort, and immediate return, with everything in place for seamless ownership. ***The information provided including photography is for general information purposes only and may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should place no reliance on this information and are required to complete their own independent enquiries, inclusive of due diligence. Should you not be able to attend in person, we offer a walk through inspection via online video walk-through or can assist an independent person/s to inspect on your behalf, prior to an offer being made on the property. *All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.***

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
55 m²
Listed
2 months ago

Repayment calculator

$2,177/month
$1,088 /fortnight
Loan $359,200 at 6.10% over 30 years

Upfront costs

Deposit$89,800
Stamp duty$15,343
Conveyancing (est.)$2,000
Total upfront$107,143
Verify with WA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mandurah

This 2-bedroom apartment in Mandurah, WA 6210 sits within reach of public transport, local shops and nearby schools. It is listed 30% below the $639,000 median of 56 comparable apartmentswithin 5 km.

Schools near Mandurah

  • Frederick Irwin Anglican Schoolcombined · PP-12 · CoEd
  • Mandurah Catholic Collegecombined · PP-12 · CoEd
  • Assumption Catholic Primary Schoolprimary · PP-6 · CoEd
  • Dudley Park Primary Schoolprimary · K-6 · CoEd
  • Mandurah Primary Schoolprimary · K-6 · CoEd
  • North Mandurah Primary Schoolprimary · K-6 · CoEd

What's nearby

  • Mandurah Tce After Peel St (bus)42 m away
  • Tis The Season536 m away
  • Keith Holmes Reserve431 m away
  • Unnamed558 m away
  • Unnamed637 m away

Mandurah at a glance

Full suburb profile
Population
8,804
Median age
50
Household income
$858/wk
Median rent
$270/wk
Median mortgage
$1,250/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mandurah price trend

Median sold · Unit 2 bed

Compound growth +20.5% / yr over 4 yrs

$504kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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