Homepage Natures Walk newsroom

Developer Warns: “Mandurah Real Estate Prices Cannot Stay this Low Much Longer”

Announcement posted by Natures Walk 19 Jun 2013

Developer of house and land packages in Erskine reveals why Mandurah represents a huge opportunity for prospective home buyers.
Mandurah, WA, June 19, 2013 - 4Land Property Group, based in Perth, is responsible for developing the highly successful Natures Walk Estate in Erskine, Mandurah. In a recent blog post on their website, they offered research regarding the amenities and economic prospects of Mandurah--now and in the future.

In 1976, Mandurah was a sleepy little fishing village with a population of 12,700. It was Australia's 60th most populous “urban” area. By the 2011 Census, the population of Mandurah had reached 83,300. Mandurah is now the second-largest city in Western Australia, and the 22nd most populous urban area as of 2012.

Many factors are cited for Mandurah's growth. It is known as a popular “sea change” destination, and the railway built between Mandurah and Perth has made the area even more attractive to Perth residents.

The mining boom, which has benefited WA greatly, has provided a huge influx of residents to Mandurah who work in the mining and resource industries within the  numerous mines that our located two hours’ drive or less from Mandurah. Many fly-in fly-out or drive-in-drive-out workers have bought homes in Mandurah.

In addition, Mandurah is a popular destination for day-trippers, thanks to numerous new restaurants, shops and amenities such as zoos, whale-/ dolphin-watching tours and world-class fishing and crabbing.

This influx of residents and visitors has created numerous jobs in the tourist and service industries and has created a need for larger infrastructure, and so more and more facilities are being built to provide services and goods to the fast-growing population.

Besides “sea change” residents, Mandurah is very popular with downsizers and retirees, with 21.2% of its citizens aged 65 or older. This gives Mandurah WA's largest ratio of those aged 65 and over.

Mandurah's population is projected by many to double in size, possibly as early as 2031, and the local Council is busy planning projects to take Mandurah into the future by developing numerous economic opportunities designed to “keep up” with the current growth pattern.

Among these projects is the Mandurah Traffic Bridge which is slated to be replaced. In fact. Mandurah’s entire infrastructure of roads and highways is subject to ongoing review with many discussions on how to keep traffic flowing in, out, and through Mandurah as the population continues to grow.

In addition, the Peel Health Campus is currently undergoing a $75 million expansion. Peel Health Campus is the Peel Region's second-largest employer, and the expansion is slated to nearly double the amount of jobs provided to the community.

Dave Gillon, Sales Manager for Natures Walk Estate, agrees with the overall assessment of Mandurah's prospects for growth: “Mandurah is the fastest-growing regional city in WA, and for good reason. People move here to be closer to the water, to parks, and numerous amenities, without the hectic large city lifestyle.”

Gillon continued, “Our planned community is perfect for downsizers and retirees. The houses are sized perfectly for couples and boast a modern, spacious design. Natures Walk is quiet and serene yet is within 10 minutes of shopping centres, medical care, entertainment, and every amenity residents could need.”

Gillon concluded: “If you are even thinking of moving here, now is the time to make the move. Mandurah properties are priced far below similar properties in other markets, but it can't last forever.”

Natures Walk Estate has currently eight house and land packages remaining for sale in Mandurah. For more information, call (08) 9301 4445 or visit their website: http://www.natureswalk.com.au/.