Murray Rhodes and Shay Holdsworth said hoons sped down the street and it was only a matter of time before someone was killed or seriously injured.
Mr Rhodes was angry when a vehicle crashed into his perimeter fence, causing about $14,000 damage.
“He must have been doing about 120km/h before he hit the fence,” Mr Rhodes said.
“The car was stolen and he got away.”
Mr Rhodes and Ms Holdsworth said they had spoken to most people on their street and many expressed their concern about speeding on the road.
The residents said there were lots of skid marks from burnouts all the way along the road. They both live on a sweeping bend and claim blocked drains cause water to cover the roads when it rains.
City of Mandurah chief executive Mark Newman said City officers would investigate the incident and assess what options may be available.
“Local government can only do so much in the area of road safety, however we work with our local police and other authorities to ensure our roads are safe for all,” he said.
“Driver behaviour is a community issue and we urge our community to take care on the roads.”
Mr Newman said the City encouraged residents to report drainage maintenance issues so staff could address them.
“The City undertakes extensive advertising in May of each year, asking residents to report any issues,” he said.