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.
WA › Falcon › Milluna St
$1,650,000
Last sold
17 Mar 2026
5
Bedrooms
2
Bathrooms
2
Car spaces
873 m²
Land
280 m²
Building
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
$1,650,000
17 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Falcon (last 5 years) with land size have a median of $1,062/m² of land (n=126). 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
+106.3%
Median sale
Suburb $800,000
-2.09 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 873 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.
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 873 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby 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.
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 Harcourts MandurahImagine living just steps from the beach with panoramic ocean views, generous space and a design built for both relaxed family living and unforgettable entertaining.
Welcome to 1 Milluna Street, Falcon - a large quality-built 5-bedroom 2-bathroom residence where lifestyle meets convenience in one of Falcon's best locations.
Constructed in 2010 by A.P.G, this thoughtfully designed residence with suspended concrete slab second level, offers spacious, versatile living across two levels with decks to both the front and the rear, capturing sea breezes, abundant natural light and picturesque water glimpses.
Why build when you can buy this established, premium home ready to enjoy?
With a well-appointed layout featuring five bedrooms and two bathrooms with 3 living areas, you'll find room for everyone and everything.
There are three generous living areas, including a downstairs games room or theatre, a comfortable family space with reverse cycle split system and an upstairs living/meals area with vaulted ceilings and ocean views - the perfect setting for relaxed family life or entertaining with friends.
The heart of the home upstairs is flooded with natural light and features beautiful Tasmanian oak floors, a well-equipped kitchen with induction cooktop and fridge freezer recess, and seamless access to the front balcony where you can savour morning coffee or sunset drinks while taking in the ocean vistas.
Accommodation is generous throughout, with multiple king-sized bedrooms, built-in robes and functional layouts that suit growing families or extended stays.
The main bedroom enjoys access to the front balcony and is complemented by a second king-sized bedroom with built-in robes and semi-ensuite. Downstairs, bedrooms three, four and five are all king size with double built-in robes - a rare offering that truly sets this home apart.
Practical features abound with a two-car garage plus extra long space capable of fitting two 4WDs, secure parking for your boat or caravan, and a downstairs outside shower for rinsing off after beach days.
The home is built on a suspended concrete slab, boasts ducted air conditioning and heating, electric storage hot water and reticulated gardens - a quality package that supports year-round comfort and convenience.
Whether you're drawn to the coastal location, the space for family and friends, or the opportunity to enjoy beachside living minutes from Falcon's pristine sands and local amenities, 1 Milluna Street delivers a lifestyle that most only dream of.
Here, space, quality and location come together - welcome home.
• Lovely ocean views
• Front and rear balconies
• 190m to beach or only 5 houses back
• Ducted reverse cycle air conditioning
• Insulated
• Suspended concrete slab on second level
• 872sqm block with 29m frontage
• Secure parking for boat
Call Michael on 0417 927 159 or Christine on 0404 048 880 for further information.
This information has been prepared to assist in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Mandurah do not warrant or guarantee the accuracy of the information, or take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Listing description written by Michael Goodwin, Harcourts Mandurah — reproduced as published, not verified by Districts.