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.
$765,500
Last sold
11 Aug 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
810 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
$765,500
11 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Falcon (last 5 years) with land size have a median of $1,071/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
-4.3%
Median sale
Suburb $800,000
+0.18 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 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 810 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 810 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 MandurahWelcome to 16 Argosy Street, Falcon - a beautiful and immaculately presented, this spacious home set on a generous 810sqm corner block, just moments from both the estuary, beach and the Falcon Shopping centre.
Built in 1986 and thoughtfully renovated over time, this warm and inviting property offers the perfect combination of coastal lifestyle and functional family living.
Upstairs, stunning polished jarrah floors bring natural warmth to the bright and airy living space, where a well-equipped kitchen with an island bench on rollers flows seamlessly into the meals and family area with ducted evaporated air conditioning + a split reverse cycle air conditioner for all year comfort.
Enjoy peaceful mornings or evening drinks from either the rear Juliet balcony overlooking the rear yard, or the large front alfresco balcony with its own external staircase-ideal for entertaining or relaxing in the sea breeze all year round.
The upper level includes three bedrooms: a king-sized master with triple built-in robes and semi-ensuite access, a second spacious room without robes, and a third double-sized bedroom with its own built-ins.
The checkered-tile bathroom adds a fun retro touch, while the two separate toilets 1 upstairs and 1 downstairs, provides convenience for families or guests. The home's Hamptons and Coastal palette-with white tones and soft palate-gives off a relaxed, coastal-cottage vibe, complemented by leafy green plants scattered throughout.
Downstairs reveals a second family room that feels like its own retreat, complete with carpeted floors and a cosy electric fireplace. Whether used as a games room, theatre or guest space, this area enhances the home's versatility for growing families or holiday living.
Step outside and you'll find everything you need to enjoy the coastal lifestyle. There's a powered 9m x 6m workshop with a double driveway to the shed and a separate driveway access for your boat or van. Big double garage with shoppers' entrance to house and a stunning low-maintenance garden with stepping stones and a patch of lawn complete the outdoor offering.
The home is fully insulated, NBN-connected and fitted with a full security system to both the house and shed, installed just two years ago at a value of $5,800, Crimsafe doors to all entries
All full repaint inside and out completed just two years ago.
• Full security system to house and shed, Crim safe security door
• Ducted evaporated air conditioner + split reverse cycle air conditioner upstairs
• 2 toilets, 1 upstairs and 1 downstairs
• 2 living area, 1 upstairs and 1 downstairs
• 9m x 6m powered workshop
• Full side access for boat
Located only 435 metres from the estuary, 670 metres to the beach, and a short 600-metre stroll to the local shops, this well-loved home is perfectly positioned for those seeking the ultimate Mandurah lifestyle. With everything at your fingertips, leave the car at home and walk to the beach, the shops and Cobblers Tavern.
With character, comfort and plenty of space, 16 Argosy Street is ready to welcome its next chapter.
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.