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.
WA › Falcon › Pleasant Grove Circle
$1,730,000
Last sold
10 Mar 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
4,001 m²
Land
211 m²
Building
Districts View
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
$1,730,000
10 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Falcon (last 5 years) with land size have a median of $1,071/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 107 recorded sales (last 12 months) — a Districts calculation.
Vs Falcon
+116.3%
Median sale
Suburb $800,000
-2.18 pp
Gross yield
Suburb 4.06%
Suburb median $800,000 from 107 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 4,001 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 4,001 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 107 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts MandurahTucked away on a beautifully maintained 4001sqm in the Excusive Private Estate of Pleasant Grove, just two kilometres from some of the region's most popular surf breaks, this remarkable double brick & iron residence is a celebration of craftsmanship, scale and thoughtful architectural design.
Conceived by Lynne Sheen and Associates, the home was created to reinterpret the warmth and presence of a traditional homestead through a contemporary lens, blending natural materials with enduring construction to form a residence of rare character.
Set amongst towering Red Gums, Jarrah and native grass trees, the home is framed by wide verandahs and classic jarrah doors and windows, allowing it to sit naturally within its environment while capturing cooling coastal breezes.
The north-south orientation enhances comfort year-round and creates a strong connection between the indoors and the surrounding landscape.
Upon entry through elegant French doors, the sense of quality is immediate.
A striking jarrah staircase forms the centrepiece of the home, rising to a large air-conditioned loft that offers exceptional versatility as a fourth bedroom, teenager / guest's retreat, studio or additional living space.
A formal lounge sits privately to the rear of the home, where wide timber flooring and a feature open fireplace with a handcrafted karri mantel create an inviting and intimate atmosphere.
The heart of the residence opens into an expansive kitchen, meals and living zone defined by volume, texture and natural light with high feature vaulted ceiling with solar powered skylights, split reverse cycle air conditioning for all year comfort.
A dramatic raked ceiling soaring to four metres showcases exposed karri beams, while softly rendered walls and earthy tiled flooring create a grounded, calming feel.
A cast iron slow combustion wood heater anchors the space, providing warmth and ambience throughout the cooler months.
The kitchen is both practical and beautifully finished, featuring quality appliances, generous storage, timber benchtops and a substantial island bench, perfectly suited to everyday living and entertaining alike.
The king-sized master suite is privately positioned and offers a peaceful sanctuary, walk in robe, plantation shutters, split reverse cycle air conditioning and tranquil garden outlooks that extend through to the ensuite tiled to the ceiling.
Bedrooms 2 & 3 are both queens sized with double built in robes and serviced by a spacious family bathroom, where a classic claw-foot bath adds a timeless touch.
A separate toilet, laundry enhance everyday functionality.
Outside, the grounds have been thoughtfully designed to balance open space with easy maintenance.
Manicured lawns flow into park-like surrounds, accented by charming features including post-and-rail fencing, cubby house and chook pen enclosure, no more buying of eggs, all contributing to the home's welcoming rural-coastal charm.
Completing the offering is a substantial 10m x 8m brick workshop or studio with mezzanine floor, toilet & shower, built to complement the main residence and providing outstanding flexibility for storage, creative pursuits, accommodation or business use.
The home's pedigree is further enhanced by its respected local origins. Designed by Lynne Sheen and Associates of Dunsborough, the residence was constructed by Bob Mitchell Homes in Mandurah, ensuring a high standard of craftsmanship throughout. The kitchen cabinetry was custom made by Ron Ellis Cabinetry in Yallingup, while much of the home's structural timber was carefully sourced from the Fremantle Wool Stores and the Boyup Brook CBH grain terminal, adding both history and character to the build.
This is a property where architectural integrity, natural materials and coastal lifestyle come together seamlessly. 165 Pleasant Grove offers a rare opportunity to secure a home of substance, individuality and enduring appeal in one of Falcon's most tightly held acreage settings.
Contact Team Goodwin 0417 937 159 to discuss this fabulous opportunity.
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.