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.
$922,800
Last sold
27 Jan 2026
4
Bedrooms
1
Bathrooms
1
Car spaces
828 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
$922,800
27 Jan 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
+15.4%
Median sale
Suburb $800,000
-0.54 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 828 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 828 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 Ray White MandurahSet on a peaceful street in the highly desirable coastal suburb of Falcon, 12 Nerine Street is a charismatic four-bedroom home that has been thoughtfully renovated to suit modern living while retaining its warmth and charm. Built in 1987 and positioned on a generous 828sqm block, this home immediately impresses with its space, flow and lifestyle appeal, all just moments from the coast.
The layout unfolds with a welcoming living room positioned at the front of the home, complete with vinyl timber flooring and split system air-conditioning for year-round climate control. This space flows seamlessly through to the open-plan dining area, which acts as the central hub of the home and connects effortlessly to the kitchen. The recently renovated kitchen is finished with contemporary flair, featuring ample bench space and an abudance of cabinetry, quality appliances and the option for a servery window, making everyday living and entertaining both practical and enjoyable.
Accommodation is well considered, with four bedrooms privately positioned off the hallway. The primary bedroom offers generous proportions and its own split system, creating a relaxing retreat. The remaining bedrooms are well sized and serviced by a beautifully renovated family bathroom featuring floor-to-ceiling tiling, marble finishes and modern fixtures. A renovated laundry incorporates an additional powder room, providing practical convenience for busy households and guests alike
From the dining area, the home opens out to an expansive outdoor entertaining zone that truly elevates the property. A large gabled patio measuring approximately 6m x 10m with exposed timber beams sits over poured limestone, enhanced by electric outdoor blinds to enclose the space when desired, providing an ideal setting for gatherings in all seasons. With power connections, space for a TV and flexibility for a range of outdoor setups, entertaining is effortless and inviting.
The backyard continues to impress with well-established lawns and gardens wrapping around the home, offering plenty of room to enjoy. A dedicated kids' corner creates a fun and functional space for little ones, while side drive-through access leads to a large powered shed with roller door access. An outdoor shower adds practical convenience, and there is also ample car parking available, catering comfortably to boats, trailers or additional vehicles.
With outstanding indoor-outdoor flow, quality renovation finishes and room to grow, this home delivers a lifestyle many aspire to. Located approximately 600 metres from the beloved Falcon Beach and coastline, just minutes from Novara Boat Ramp, and only a five-minute drive to Miami Plaza, local cafés, schools and walking trails, the position is hard to fault. An opportunity like this does not come along often and is not to be missed.
Listing description written by Theo Alexandrou, Ray White Mandurah — reproduced as published, not verified by Districts.