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.
$520,000
Last sold
2 Jan 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
988 m²
Land
184 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$520,000
2 Jan 2020 · derived via latest_sale
Local land rate: recorded House sales in Falcon (last 5 years) with land size have a median of $1,066/m² of land (n=127). 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
-35.0%
Median sale
Suburb $800,000
+2.18 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 scheme
MANDURAH
Zone
Residential
1
Jurisdiction
Mandurah
Mandurah, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 988 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.
Flood overlay has not been queried for this lot. 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.
2 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 988 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?
KnownmediumOfficial parcel about 991 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Powered by Smile Elite WALocated in the highly sought after location of Falcon Bay, 10 Thera Street is a modern 4 x 2 home built-in 2014 by Blue Print Homes. Situated on a massive 987sqm block, with side access via an electric gate leading to the 37sqm shed at the rear. This property has plenty of room for a pool and the kids to enjoy the outdoor space.
Featuring open plan living and multiple living zones, this would make the perfect home for families or even a weekender for those looking for a low maintenance holiday home.
The master suite is set to the front of the home and offers a large WIR and an ensuite. The three remaining bedrooms are all queen sized, serviced by the family bathroom which is complete with a vanity, bath and shower recess.
Close to Falcon Bay, with the foreshore currently undergoing a rejuvenation and the ever-popular Falcon Bay Deli. Falcon Bay is famous for its pristine beaches, few picnic and BBQ facilities, with bonus playground and sandpits. A beautiful family location.
FEATURES INCLUDE:
- Modern open plan kitchen, dining and living
- 37sqm shed
- Huge double garage
- Separate theatre room
- Large storeroom
- Ducted air-con throughout
- 900mm stainless steel cooking appliances
- Double fridge recess and stone kitchen benchtops
- Paved alfresco area
- Modern, neutral decor' throughout
- Low maintenance lawns and gardens
- Fabulous size rear yard, ample room for the kids
- Reticulation from the bore
- Recently painted throughout.
Close by to spectacular beaches, parks and a short drive to the local shops and schools, this property is priced to sell! Phone exclusive selling agent, Denise Lewis on 0412 877 6713 to view this lovely home today!
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it. All interested person/s should rely on their own enquiries.
Agents Notes: Alarm system is currently turned off and cannot confirm working order. The alarm will not form part of the contract.
Listing description written by Denise Lewis, Powered by Smile Elite WA — reproduced as published, not verified by Districts.