105/3 Marco Polo Drive, Mandurah WA 6210
105/3 Marco Polo Drive, Mandurah WA 6210
Ground floor | Direct foreshore | Pet-friendly complex | Three-bedroom three-bathroom lock-and-leave
This property occupies a rare position within the Mandurah market. The ground-floor configuration with direct boardwalk access and uninterrupted water views is genuinely hard to replicate in a complex built after 2000. For a buyer seeking a low-maintenance coastal residence that still offers three separate bedrooms, three bathrooms, and two secure garage spaces, the floorplan works without compromise. The pet-friendly policy widens the buyer pool considerably, especially for downsizers or professionals who travel. The 139 square metres of internal space with two living areas and a study means this unit competes with smaller houses on function while offering superior amenity—gym, pool, outdoor spa—that a house cannot match. The buyer who values immediate lifestyle over land banking will find few comparables on the Mandurah Foreshore at this size and specification.
The primary risk is price. The current listing sits above the estimated value range by roughly 8 to 15 percent, which means the buyer must negotiate or accept a premium for the specific ground-floor water-view configuration. The heritage and flood overlays are not deal-breakers but do constrain future modifications and may affect insurance premiums. On the opportunity side, the 2012 purchase history suggests the vendor has held through a full cycle, so there may be realistic motivation to transact. The FTTP connection and 5G coverage support remote work, which aligns with the likely buyer profile. For a buyer, this property works best as a permanent home or a long-term hold rather than a short-term flip. If the price can be brought within the estimated range, the combination of location, layout, and pet-friendly status gives it strong re-sale defensiveness.
Detailed Independent Property Report prepared by PropCred Analyst team for 105/3 Marco Polo Drive, Mandurah WA 6210
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✕
2
Execution Risk
!
1
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.
PropCred Estimated Value
Bedrooms
3
Bathroom
3
Parking
2
Land
209m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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