Falcon at a glance
6,472
People
$800,000
Median sale
$624/wk
Median rent
4.06%
Suburb gross yield
Median sale from 108 recorded sales (last 12 months) — a Districts calculation.
$159,000
Last sold
18 Feb 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
257 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$159,000
18 Feb 2024 · derived via latest_sale
Local land rate: recorded Land sales in Falcon (last 5 years) with land size have a median of $716/m² of land (n=10). Districts calculation from recorded sales — not a valuation.
Falcon at a glance
6,472
People
$800,000
Median sale
$624/wk
Median rent
4.06%
Suburb gross yield
Median sale from 108 recorded sales (last 12 months) — a Districts calculation.
Vs Falcon
-80.1%
Median sale
Suburb $800,000
+16.35 pp
Gross yield
Suburb 4.06%
Suburb median $800,000 from 108 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 257 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $624/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 257 m² — that is not official geometry.
Nearby development pipeline
Area
Falcon at a glance
6,472
People
$800,000
Median sale
$624/wk
Median rent
4.06%
Suburb gross yield
Median sale from 108 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realmark MandurahWhat to love:
Nestled in the heart of Falcon, this 257m2 corner lot offers a unique blend of natural beauty and urban convenience. Imagine waking up to the soothing sounds of birdsong in a serene neighbourhood where manicured parklands envelop your surroundings. With the block seamlessly backing onto a landscaped park, you have your own private oasis, providing a perfect escape from the hustle and bustle.
What sets this property apart is its strategic location—quietly situated in a cul-de-sac, ensuring peace and minimal traffic. The allure of nature extends beyond your backyard, with the Peel Harvey Estuary just a short 200-meter stroll away. Here, you can engage in crabbing, fishing, and leisurely walks along the foreshore, immersing yourself in the tranquillity of the coastal environment.
Adding to the charm, the property is embraced by a community of newly built homes, creating a cohesive and appealing streetscape. The abundant birdlife and the proximity to nature make this block of land a haven for those seeking a peaceful retreat within reach of modern conveniences.
What to know:
• The North facing alfresco area backing onto a beautifully landscaped park.
• Proximity to the Peel Harvey Estuary for outdoor activities.
• A quiet cul-de-sac street in a community of newly built homes.
• Abundant birdlife and the serenity of nature.
• 200m to the Estuary.
• 500m to Miami Plaza Shopping Centre & Cobblers Tavern.
• 1.3km to picturesque Falcon Bay for beach lovers.
• Approved build plans are available upon request which include garage and entry being on the same side on Merrin Court (South).
• Council rates $1671 approx.
• Water rates $577 approx.
*Please note all measurements, sizes, distances and amounts are all approx.
This property is not just a block of land; it's an opportunity to craft your dream coastal lifestyle. With the perfect balance of tranquillity, convenience, and coastal charm, this unique offering invites you to envision a home where urban amenities and natural beauty seamlessly coexist.
Who to talk to:
Simon Wroth | 0407 072 442 | swroth@realmark.com.au
Listing description written by Simon Wroth, Realmark Mandurah — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.