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WA › Falcon › Watercress Ln

16 Watercress Ln, Falcon WA 6210

For saleHouse for Sale

$729,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

165 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $729,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $729,000(Listing record · 20 Aug 2026)
  • CalculationAsk is 9% below the Falcon median recorded sale ($800,000, n=107, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Falcon's advertised median rent ($624/wk), implied gross yield would be 4.45% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$729,000

Asking · $4,418/m² of land

No recorded sale for this property.

Falcon at a glance

6,472

People

$800,000

Median sale

$624/wk

Median rent

4.06%

Suburb gross yield

Median sale from 107 recorded sales (last 12 months) — a Districts calculation.

See the full Falcon report →

Vs Falcon

-8.9%

Median sale

Suburb $800,000

+0.39 pp

Gross yield

Suburb 4.06%

Suburb median $800,000 from 107 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$729,000
Stamp Duty (Western Australia)
$28,659
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$761,584

$32,584 on top of the price (4.5% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Falcon's advertised median rent — not a rent for this listing.

Net yield
2.95%
Annual cashflow (pre-tax)
$-16,395
Interest cover (DSCR)
0.57
Annual rent
$32,448
Operating expenses
$10,935
Loan amount
$583,200
Annual interest
$37,908
Gross yield
4.45%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$729,000available20 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 165 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 165 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Falcon in one glance

Falcon at a glance

6,472

People

$800,000

Median sale

$624/wk

Median rent

4.06%

Suburb gross yield

Median sale from 107 recorded sales (last 12 months) — a Districts calculation.

See the full Falcon report →

Keep researching

  • Why Falcon? Read the area thesis →
  • What else is on the market in Falcon →
  • Other records on Watercress Ln →

Listing material

Listed by Acton | Belle Property Mandurah

Resort living in the heart of Falcon.

Meagan Pettit welcomes you to a home where everyday living feels a little more like a holiday.

Positioned within the sought after Coco C'Bay community, this beautifully presented three bedroom townhouse offers an easy care lifestyle with resort style facilities right at your doorstep. Whether you're looking for a permanent home, a low maintenance lock-and-leave property or a smart investment, this is an opportunity to enjoy the best of Falcon without the upkeep of a large home.

Downstairs, the open plan living and dining area creates a comfortable space to relax and entertain, complemented by split-system reverse cycle air conditioning and a modern kitchen with stone benchtops and dishwasher.

Read the full description

Sliding doors open to the private outdoor entertaining area, where the current owners have created a fantastic new patio overlooking the resort pool. Complete with roller blinds, it's a space designed to be enjoyed throughout the seasons, whether you're starting the morning with a coffee, sharing drinks with friends or simply unwinding while taking in the peaceful pool outlook.

Upstairs, all three bedrooms are generously sized, each offering built-in robes and ceiling fans. The master suite enjoys its own private balcony overlooking the resort pool, creating the perfect spot to sit back with your morning coffee and enjoy the relaxed surroundings. A modern ensuite services the master, while the main bathroom includes both a bath and shower.

And then there's the lifestyle that comes with being part of Coco C'Bay.

Residents have access to an impressive range of resort-style facilities, including both indoor and outdoor swimming pools, a spa, BBQ facilities and the clubhouse providing plenty of opportunities to relax, entertain and connect with neighbours and friends.

Beyond the Coco C'Bay community, Falcon offers the lifestyle so many people come to the Peel region to enjoy. The estuary is within easy walking distance, while Miami Plaza, local cafes, shops and public transport are all conveniently close. With the beach, Mandurah's vibrant foreshore and everything the wider coastal community has to offer just minutes away, you'll have plenty to explore when you're not enjoying the resort facilities at home.

If low maintenance living, resort style amenities and a location that keeps you close to the water and everything you need sound like your kind of lifestyle, 16 Watercress Lane is well worth your inspection.

Key Features:

• Three generous bedrooms, all with built-in robes and ceiling fans

• Master bedroom with ensuite and private balcony overlooking the pool

• Open plan living and dining with split-system reverse-cycle air-conditioning

• Modern kitchen with updated appliances and dishwasher

• Fantastic new outdoor patio overlooking the resort pool

• Roller blinds to the patio for year round enjoyment

• Access to Coco C'Bay's indoor and outdoor pools, spa, clubhouse and BBQ facilities

• Walking distance to the estuary and Miami Plaza

• Easy access to local shops, cafes, transport and Falcon's coastal lifestyle

Come and experience the relaxed resort lifestyle for yourself. I look forward to welcoming you to 16 Watercress Lane.

INFORMATION DISCLAIMER:

This information is presented for the purpose of promoting and marketing this property. While we have taken every reasonable measure to ensure the accuracy of the information provided, we do not provide any warranty or guarantee concerning its correctness. Acton | Belle Property Mandurah disclaims any responsibility for inaccuracies, errors, or omissions that may occur. We strongly advise all interested parties to conduct their own independent inquiries and verifications to confirm the accuracy of the information presented herein, prior to making an offer on the property. Some photos may contain virtual staging.

Listing description written by Meagan Pettit, Acton | Belle Property Mandurah — reproduced as published, not verified by Districts.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.