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
$737,500
Last sold
18 Dec 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
443 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
$737,500
18 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Falcon (last 5 years) with land size have a median of $1,062/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
-7.8%
Median sale
Suburb $800,000
+0.34 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 443 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 443 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 Realmark MandurahWhat to Love
Nestled in a private Cul de Sac location close to the estuary, shops and wonderful Indian Ocean with Falcon Bay only minutes away - is this beautifully appointed, low maintenance 3 x 2 x 2 plus study, solid double brick and tile family home.
With 'nothing to spend' it was built in 2004 and sits proudly on an easy care 443sqm green title block.
The home is perfectly located near the estuary with its beautiful vistas and diverse nature walk paths by the foreshore, with calm glistening waters perfect for crabbing, boating and fishing all year round. This area has become extremely popular for its sheer convenience as it is within close walking distance to a shopper's paradise where everything is at your fingertips.
Miami Plaza and Miami Village shopping centres boast numerous retail stores, take away restaurants, cafes, doctors surgeries, pharmacies, veterinary clinic, post office, library, Cobblers Tavern and 1st Choice Liquor bottle shop - just to mention a few.
What to Know
SET DATE SALE: All offers are to be presented by 4pm Wednesday 26th November, 2025. The seller reserves the right to accept an offer prior to the close of the set date sale.
This home has an extremely modern feel to it with elements of sophistication. French doors lead to a separate theatre room with an open plan family, dining area combined with a well equipped kitchen complete with breakfast bar, pantry, stainless steel Fisher & Paykel appliances, new dishwasher, gas cooktop, rangehood, feature glass splash back, double sink, microwave recess and practical benchtops.
The kitchen overlooks the main open plan family/dining area which leads out onto a fabulous deck with wraparound brick paved entertaining area. The decor throughout is neutral and blends well with the natural light provided by lots of windows and sliding doors all fitted with Crim safe security mesh for a safe and secure environment.
There is a separate room ideal for a nursery, study or office plus 3 spacious bedrooms all with built in robes.
The master bedroom has its own ensuite and walk in robe. There is a new instant gas hot water system and reverse cycle Panasonic air conditioning for year round comfort.
The reticulated gardens are lush and fully established with limited lawns making them easy to maintain, creating a really great stress free investment for retirees, first home owners, young couples or investors alike.
This home is part of the 'Coco C Bay' Resort Style living and offers a lifestyle with a host of facilities for members. Access is in short walking distance on Coco Drive (at the top of the road). Membership includes access to an outdoor and indoor pool, gym, spa, sauna, BBQ area and common function room area where community events such as darts, cards, craft, aquarobics etc. are held and you can book it out for private functions as well.
It really offers the residents a lifestyle that is second to none and family members can be included with secure access cards as well.
• Ducted reverse cycle air conditioning.
• 18 x Solar Panels.
• Quality blinds and curtains.
• Crim safe security screens and doors.
• LED downlights and feature lights throughout.
• Brand new Hybrid flooring throughout carpets in all the bedrooms.
• Large remote double garage with rear easy access via roller door.
• Neutral decor throughout the home combined with hybrid flooring combines wonderfully. with the natural light.
• Built in Robes.
• Updated bathrooms including spa bath.
• Private gazebo and shed.
• Walk to the estuary and shops- 3 minutes to the beach by car.
• Coco C Bay Association membership fees approx. $2250.00
• Council Rates approx. $2200.00
• Water Rates approx. $1506.00
If you're looking for an abundant stress free coastal lifestyle, then put this property at the top of your viewing list.
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.