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 › Yilberra Dr
3
Bedrooms
2
Bathrooms
2
Car spaces
278 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Falcon (last 5 years) with land size have a median of $1,066/m² of land (n=127). 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.
Planning
Planning scheme
MANDURAH
Zone
Residential
1
Jurisdiction
Mandurah
Mandurah, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 278 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.
Flood overlay has not been queried for this lot. 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.
2 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 278 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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Realmark MandurahWhat to Love
Perfectly located opposite gorgeous, manicured parklands with diverse estuary walks along the foreshore, estuary glimpses from the front of the property, only 2 minutes’ walk to the calm glistening waters of the Peel Inlet, perfect for crabbing, boating, fishing and only 3 mins Drive to Falcon Bay and the Indian Ocean, what a spot!
This 3 x 2 x 2 double brick family home was built in 2011 and was constructed for easy living with less gardens on a manageable 278m2 corner green title block (no strata fees), giving you more time to enjoy the things you love. This area of Falcon known as “Olive Waters Private Estate” has become extremely popular for its sheer convenience as it is within walking distance to a shopper's paradise with everything at your fingertips; consisting of 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 bottle shop just to mention a few.
What to Know
Internally the home has a modern feel with open plan living running seamlessly through to a fully paved undercover alfresco entertaining area. There is plenty of light entering from the well-designed windows and sliding doors which blends with the neutral décor throughout. There is a well-appointed kitchen at the heart of the home complete with waterfall stone bench tops, stainless steel gas appliances, glass splash back, dishwasher, rangehood, microwave recess, and double sink. There is also a double garage with shopper’s entrance for easy access.
All 3 bedrooms are generous in size with the master bedroom having an ensuite bathroom and walk in robe. The laundry has its own dedicated paved side area for hanging clothes etc. and can be accessed by the rear of the garage.
The property is currently tenanted at $450 per week until February 2024 unless mutually agreed to break lease.
Other Key Features;
- Perfect for investment
- Extra parking bays at the front of the property
- 2 x Reverse cycle air conditioners
- Downlights throughout
- Instant Gas HWS
- Easy care wood look flooring
- Reticulated gardens
- Walk to all amenities including Public Transport
Who to talk to
Paul Simeone | 0409 298 987 | psimeone@realmark.com.au
Listing description written by Paul Simeone, Realmark Mandurah — reproduced as published, not verified by Districts.