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WA › Falcon › Thera St

17 Thera St, Falcon WA 6210

House

$765,000

Last sold

12 Mar 2026

3

Bedrooms

2

Bathrooms

4

Car spaces

1,045 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $765,000 (12 Mar 2026).(Recorded sale)
  • FactLand 1,045 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Falcon (last 5 years) with land size: median $1,071/m² of land (n=126). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$765,000

12 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 108 recorded sales (last 12 months) — a Districts calculation.

See the full Falcon report →

Vs Falcon

-4.4%

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 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. Sold$765,00012 Mar 2026
  2. Listedprice unknowncompleted3 Mar 2026
  3. Listedprice unknowncompleted3 Mar 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 1,045 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

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

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 1,045 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 108 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 Thera St →

Listing material

Listed by Harcourts Mandurah

Sold by HARCOURTS Mandurah - Team Goodwin

Positioned in the heart of Falcon's tightly held Golden Triangle, this character-filled beach house is all about location, lifestyle and future potential.

Just 340 metres to Cossies Surf Break and approximately 370 metres to Falcon Bay Café, your mornings can begin with an early surf at one of the area's most loved breaks or a calm swim in the protected waters of Falcon Bay, followed by coffee overlooking the ocean - all within easy walking distance from your front door.

Being so close to both a renowned surf spot and a family-friendly swimming beach is a rare combination that truly defines relaxed coastal living.

Read the full description

Set on a generous 1044sqm corner block in this premium pocket, the home offers flexibility for a wide range of buyers.

Brimming with old world charm, it showcases beautiful, polished jarrah flooring that brings warmth, character and a sense of nostalgia to the space.

It's the perfect holiday home to enjoy immediately, an ideal investment to rent out while you plan your dream coastal build, or a fantastic entry point for a first home buyer wanting to secure a blue-chip beachside location.

Inside, the home features four bedrooms and two bathrooms, with bedroom three enjoying convenient semi-ensuite access.

The main bedroom is queen-sized with built-in robes, the second bedroom also comfortably accommodates a queen, while the fourth bedroom is suited to a single.

A large bunkroom or sleep-out provides excellent additional space for guests, making it ideal for summer holidays, surf weekends and extended family stays.

The kitchen and meals area form a functional central hub, while the polished jarrah floors continue to enhance the home's welcoming feel.

Outdoors, there's a powered shed, an additional outside toilet (not connected), and a rainwater tank (also not connected).

This beach cottage home is a canvas of potential and it presents an outstanding opportunity to renovate and add value over time.

With a big block in an exceptional location just moments from the sand, surf and shoreline, the potential here is undeniable.

Opportunities in Falcon's Golden Triangle are always in strong demand.

Renovate, invest, holiday or rebuild - this is your chance to secure a slice of Falcon's sought-after coastal lifestyle.

Call Michael on 0417 927 159 or Christine on 0404 048 880 for further details!

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.

Property features

  • Built-in Robes
  • Floorboards
  • Shed
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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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.