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 › Lemongrass Way
$730,000
Last sold
16 Dec 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
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
$730,000
16 Dec 2025 · derived via latest_sale
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. 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.
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 MandurahWelcome to 22 Lemongrass Way in Falcon, a beautifully presented three-bedroom, two-bathroom home, set within the highly sought-after Coco C' Bay community.
Offering an enviable blend of comfort, practicality and resort-style living, this neat and sweet brick-and-tile residence has been freshly painted, the carpets have been professionally cleaned, and every detail has been carefully prepared so you can simply move in and enjoy.
The home features an inviting open-plan kitchen, dining and living area, complete with reverse-cycle air conditioning to ensure comfort throughout the seasons.
The master suite is king-sized and positioned at the front of the home, offering a double built-in robe, private ensuite and a separate toilet for added privacy.
The second bedroom also enjoys its own ensuite and double built-in robes, making it an ideal guest retreat, while the third bedroom includes a built-in desk, perfectly suited for a study or hobby space.
Practicality flows through the home with vinyl plank flooring to the main living areas, carpeted bedrooms, an electric storage hot water system, NBN connectivity, gas availability and side access through the garage.
Security shutters to the master and front living room provide excellent temperature control, helping keep the home cool in summer and warm in winter, while also offering added peace of mind.
Security screens on all windows and doors make this the perfect lock-up-and-leave property - ready for your next holiday.
Outside, the alfresco area and dedicated barbecue space create a welcoming environment for outdoor entertaining, all surrounded by low-maintenance established gardens that enhance the home's appeal.
Living in Coco C' Bay brings an exceptional lifestyle with exclusive access to resort-style amenities that truly make every day feel like a holiday.
Residents can enjoy a 20-metre heated indoor pool, a Balinese-inspired outdoor tropical pool, an indoor spa, sauna, children's pool, a fully equipped gym, a recreation room with pool table and table tennis, and a beautifully appointed function room with a commercial kitchen for private events.
The grounds also feature a relaxed outdoor barbecue area perfect for gatherings with family and friends.
With annual levies of approximately $2,249, a one-off association membership fee of $1,000, and a one-off caveat withdrawal and re-lodgement fee of around $991.26, this home offers not only an exceptional place to live but also the opportunity to enjoy a vibrant coastal lifestyle within a prestigious and well-maintained community.
22 Lemongrass Way is the ideal choice for downsizers, investors or those seeking a secure, beautifully kept home with the added luxury of resort facilities.
This is coastal living at its finest-comfort, convenience and community all wrapped into one inviting package.
Call Michael on 0417 927 159 or Christine on 0404 048 880 for further information.
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.
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