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.
WA › Falcon › Leander St
$540,000
Last sold
3 July 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
1,049 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
$540,000
3 July 2024 · derived via latest_sale
Local land rate: recorded Land sales in Falcon (last 5 years) with land size have a median of $716/m² of land (n=10). 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
-32.5%
Median sale
Suburb $800,000
+1.95 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 1,049 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 1,049 m² — that is not official geometry.
Nearby development pipeline
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 Realmark MandurahWhat to love
This is an extremely rare opportunity to secure a huge 1049sqm block with sprawling 27.68-meter frontage, all within close proximity to Falcon Bay.
Perfectly positioned, just a stone’s throw from beautiful golden sand beaches and stunning turquoise waters, this area is notorious for its great fishing, surfing, and family swimming beaches.
From this location you can stroll to the ocean in a couple of minutes from your own front door and go for refreshing Summer swims, plus hear the soothing sounds of the beach, with waves crashing from your own backyard at night. You'll enjoy beautiful sunsets, immersing yourself in a coastal lifestyle that is unparalleled.
What to Know
Create your own coastal dream here with potential for upper level ocean views towards Falcon Bay from the rear of the block with enough space to build a substantial sized family home with extra frontage and plenty of room allowing wide side access for securely parking caravans, boats plus larger vehicles with a large workshop.
Secure now and build later as there are no time restrictions to build and similar ocean side blocks in Falcon are becoming extremely scarce and highly sought after.
This unique coastal location is extremely beautiful, convenient and very accessible to all facilities and infrastructure, such as Falcon Bay Café, Falcon Library and Primary School with a shopper's paradise where everything is at your fingertips: including 2 x shopping Centre's, Miami Plaza and Miami Village with numerous retail stores, take away restaurants, cafes, doctors surgeries, pharmacies, veterinary clinic, post office, library, Cobblers Tavern and 1st Choice Liquor and bottle shop just to mention a few you’ll be absolutely spoilt for options.
Who to talk to
This versatile and spacious oceanside block allows you to create your dream coastal lifestyle for you and your family and is a perfect investment for the future. Call me today to avoid missing out!
Contact Paul Simeone on 0409 298 987
Listing description written by Paul Simeone, Realmark Mandurah — reproduced as published, not verified by Districts.
Nearby 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.