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 › Karanga St
$730,000
Last sold
7 Oct 2025
2
Bedrooms
1
Bathrooms
3
Car spaces
1,160 m²
Land
76 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
$730,000
7 Oct 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 107 recorded sales (last 12 months) — a Districts calculation.
Vs Falcon
-8.7%
Median sale
Suburb $800,000
+0.38 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 1,160 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 1,160 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 The Agency PerthDue to a high demand for this property we encourage you to please register for the upcoming home open at the property listing at realestate.com.au. This will help avoid delays on the day and provide you with more time to view and walk through the property.
Step back in time and embrace the character of a quintessential Falcon holiday shack tastefully updated, beautifully maintained, and ready for its next chapter. Just 170 metres from the sparkling waters of Novara Foreshore Reserve and boat ramp, this much loved home sits on a generous 1,160sqm level corner block, offering endless possibilities as a coastal getaway, downsizer's retreat, or entry level family haven.
Zoned Residential, there may also be development potential, subject to council approval. Residential Zoning allows around 450sqm per dwelling. This prime development block is also connected to mains sewer.
Inside, the home offers two bedrooms, with a third currently set up as an activity or utility room, along with a neat and functional bathroom. The warm and inviting lounge features a cosy wood fireplace, while a mains gas heater in the dining area adds further comfort on chilly mornings. The kitchen is practical and well laid out, fitted with a mains gas cooktop and electric oven, with the dining area alongside making mealtimes convenient. High ceilings throughout the home create an open, airy feel, while the original jarrah hardwood floors lie preserved beneath modern laminate flooring, giving you both style and easy care. The interior has been freshly painted and tastefully updated, with locks and window security grills providing peace of mind when travelling or using the property as a holiday retreat. The electrical system has been upgraded with RCDs and compliant smoke alarms, and the home is serviced by instantaneous mains gas hot water.
Significant updates were completed in the early 2000s, including a full electrical rewire, replacement of all windows and frames, and the removal of 90% of the asbestos from the walls and ceilings, which was replaced with Hardiflex. Around this time, a large deck and undercover area were also erected (non council approved), and new laminate flooring was installed over the original floorboards.
Outdoors, the property truly shines. The 1,160sqm level corner block is framed by established native trees, offering both privacy and a tranquil natural backdrop. A wide gate provides side access from Littleton Street, perfect for parking boats, caravans, or motorhomes, while also making it easy for guests to come and go. Entertaining is a delight thanks to the expansive north facing decked alfresco area, ideal for enjoying summer evenings and soaking up the bushland views. Practical additions include a workshop and storage room for hobbies, tools, or fishing gear, an undercover carport with space for firewood and equipment, and a large outdoor stainless steel sink that's perfect for meal prep or cleaning the day's crabs and fish.
This property offers broad lifestyle appeal. Holiday buyers will fall in love with its nostalgic character and secure lock and leave design, downsizers will value the spacious block, soaring ceilings, and close proximity to shops, cafés, and the water, while young families will appreciate the space for kids to grow and play, along with a nearby playground that makes family living easy.
Set on a peaceful street in Falcon, this rare property combines the laid back coastal lifestyle of yesteryear with the conveniences of today. From lazy beach days and fishing trips to long summer evenings spent entertaining under the trees, this is the kind of home where lasting memories are made. Zoned Residential, there may also be development potential, subject to council approval. Residential Zoning allows around 450sqm per dwelling. This prime development block is also connected to mains sewer.
Don't miss this opportunity to secure your slice of Falcon's coastal history — just steps from the water. Call Clinton Smith at The Agency WA on 0478565432 to arrange your private viewing today or to register for upcoming home opens.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Clinton Smith, The Agency Perth — reproduced as published, not verified by Districts.