AN INVESTMENT WITH A SECURE, LONG-TERM TENANT – DEFENCE HOUSING AUSTRALIA
If you’re looking for an investment option with less stress – you can lease this property to DHA!
DHA has assessed this property location, plans and inclusions and has committed to a long-term lease on completion of construction, if delivered to the agreed specifications.
The benefits of leasing to DHA include:
reliable rental income assessed at $770pw
long-term lease confirmed at 12 yrs + 3yr option
rent paid in advance
property care including most non-structural repairs
Mandogalup presents a vibrant picture for property investors as of May 2025. Here’s a breakdown of factors to consider:
Positive Aspects:
Potential for Growth: The Western Australian Government approved a new Improvement Scheme for Mandogalup in November 2024. This scheme aims to balance industrial and urban land uses, paving the way for future development and potentially increasing land values.
Affordable Entry Point: While some sources indicate a higher median house price (around $700,000 – $800,000), others suggest a median house price in the $346,000 – $689,000 range. Land can be found in the $400,000s. This discrepancy might be due to the mix of established properties and new developments. Regardless, it may offer a more affordable entry into the Perth property market compared to more central suburbs.
High Rental Yield: Some data suggests a strong rental yield for houses in Mandogalup, potentially around 5.18% to 6.4%, with a median weekly rent of approximately $720. This indicates a good potential for positive cash flow.
Proximity to Infrastructure and Amenities: Mandogalup benefits from its location near the Perth to Mandurah rail line and the Kwinana Freeway, offering good transport links. It’s also situated between Cockburn and Kwinana, providing access to the amenities and employment opportunities in these areas. Aubin Grove train station is also nearby (around 5 km).
New Developments: There are ongoing and planned residential estates in the areas surrounding Mandogalup, suggesting future population growth and potential demand for housing.
Government Support for Industry: The region is part of the Kwinana Industrial Area and is slated to benefit from projects like Westport and the Global Advanced Industries Hub, potentially attracting more employment and driving demand for housing.
Challenges and Considerations:
Population Fluctuation: The population of Mandogalup declined between 2011 and 2016. While more recent data suggests growth due to new developments, it’s important to monitor population trends.
Vacancy Rates: One source indicates a very high vacancy rate, which could be a concern for investors seeking tenants. However, other data points to high rental demand. This discrepancy warrants further investigation to understand the current rental market dynamics.
Varying Data: There are inconsistencies in the reported median house prices and other key statistics across different sources, making it crucial to conduct thorough due diligence.
Longer Selling Times: The average time to sell a house in Mandogalup has been reported as relatively high (around 60 days in some reports), which could affect liquidity.
DHA is not the vendor of the property and therefore makes no representation in relation to the land, the builder, the construction of the property or any other matter unrelated to the DHA Lease Agreement or Property Care Contract. Investment in a DHA property is subject to the terms of the DHA Lease or other contractual documentation and those terms take precedence over any information contained in this advertising material.
