1/16 Cottage Street, Mandurah WA 6210
1/16 Cottage Street, Mandurah WA 6210
2 bedrooms, 1 bathroom, 1 car space. 106m² lot. Unit 1/16 Cottage Street, Mandurah. Sold July 2025 for $450,000. Offers over $539,000.
This unit sits within a small multi-unit complex, a configuration that is common in Mandurah but this one has a distinct edge. The property has demonstrated strong capital growth, having sold for $265,000 in June 2023 and then $450,000 just two years later. That trajectory signals a property that has already proven its demand and value retention in a rising market. It is best suited to first-home buyers, young couples, or downsizers who want low-maintenance living without sacrificing proximity to Mandurah’s surrounds. The 106m² lot is typical for this type of unit, and the building appears to be well-established with active rental demand, which adds confidence for owner-occupiers and investors alike. The property’s positioning within the suburb is solid, not exceptional, but the recent sale history gives it a rare level of price certainty.
The current asking price of over $539,000 represents a significant premium over the July 2025 sale price of $450,000. A buyer should weigh whether the market has moved that much in just a few months, or if this is an ambitious re-list. The property’s classification as a unit rather than a house may affect financing for some buyers, as lenders sometimes treat strata units differently. The lack of detail on internal finishes means the actual condition could vary, and without knowing the building’s age or floor level, there is some uncertainty about long-term maintenance costs. The small lot size limits expansion potential, but that is typical for this property type and not a flaw in itself.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/16 Cottage Street, Mandurah WA 6210
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Mandurah has evolved into a thriving coastal city, attracting strong demand as a sea-change destination. This appeal is driving robust growth in both house and unit values, supported by a fast-moving market with limited listings. While its popularity underpins resilience, key constraints include a significant affordability gap compared to Greater Perth and tight supply restricting buyer choice.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
106m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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