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.
$1,499,000
For sale
Asking
$1,289,000
Last sold
4 Apr 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
797 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
Asking
$1,499,000
Asking · $1,881/m² of land
Last recorded sale $1,289,000 (4 Apr 2025).
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 108 recorded sales (last 12 months) — a Districts calculation.
Vs Falcon
+87.4%
Median sale
Suburb $800,000
-1.90 pp
Gross yield
Suburb 4.06%
Suburb median $800,000 from 108 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$72,239 on top of the price (4.8% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Falcon's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 797 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.
Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 797 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 108 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Coast RealtyPerfectly positioned in one of Falcon's most tightly held coastal pockets, 36 Gretel Drive delivers an exceptional lifestyle opportunity with breathtaking ocean and estuary views, expansive multi-level living and resort-style outdoor entertaining on a generous 797sqm block.
Designed to embrace its elevated position, this striking residence spans across four unique levels, offering incredible flexibility for larger families, multi-generational living or those simply chasing space, privacy and a relaxed coastal lifestyle. From the moment you arrive behind the secure gated entry, the home immediately captures attention with its commanding street presence, wraparound balconies and stunning architectural character.
At the heart of the home, the upper-level kitchen, dining and living area is filled with warmth and natural light, featuring soaring vaulted ceilings, exposed timber beams and polished timber flooring that create a welcoming coastal ambience. Large windows and sliding doors seamlessly connect the indoors to the expansive balcony entertaining area, where panoramic ocean and estuary views become the backdrop to everyday living.
The spacious kitchen offers both style and practicality, complete with stainless steel appliances, extensive bench space, overhead cabinetry and a large island bench ideal for entertaining family and friends.
Privately positioned on its own level, the master retreat is a true standout, offering beautiful ocean views, balcony access, high ceilings, split system air conditioning and a generous walk-in robe. The stylish ensuite complements the home perfectly with double vanities and an oversized shower creating a luxurious retreat feel.
The remaining bedrooms are spread across multiple levels, creating separation and flexibility for growing families, while a downstairs living area overlooking the pool adds yet another versatile space to enjoy.
Outside is where this property truly shines. Surrounded by gorgeous timber decking, the stunning below-ground pool creates a private resort-inspired setting, while established tropical gardens, manicured lawns and multiple outdoor entertaining zones complete the ultimate coastal escape.
Property Features:
• 5 bedroom, 2 bathroom multi-level home
• Spacious 797sqm north-facing block
• Incredible ocean and estuary views
• Expansive wraparound balconies and entertaining decks
• Stunning below-ground swimming pool surrounded by timber decking
• Open-plan upstairs kitchen, dining and living area
• Vaulted ceilings with exposed timber beams
• Polished timber flooring throughout main living zones
• Large kitchen with island bench, overhead cabinetry and ample storage
• Stainless steel appliances including gas cooktop and rangehood
• Private master retreat occupying its own level
• Walk-in robe, split system air conditioning and balcony access to master suite
• Stylish ensuite with double vanities and oversized shower
• Spacious secondary bedrooms with built-in robes
• Multiple indoor and outdoor living areas across four levels
• Downstairs living area with pool outlook
• Reverse cycle split system air conditioning and ceiling fans
• Dimmable LED lighting
• Roller shutters to majority of windows
• Family bathroom with separate bath and shower
• Established gardens with automatic reticulation
• Large powered workshop
• Double remote garage
• Secure gated entry for added privacy and security
Location Highlights:
• Moments from Falcon's stunning coastline
• Close to Falcon Bay beach and walking paths
• Minutes to local cafes, restaurants and shopping facilities
• Easy access to schools, parks and everyday amenities
• Surrounded by quality coastal homes in a highly sought-after pocket
• Approx. 10 minutes to Mandurah Foreshore
Homes offering this level of space, flexibility and breathtaking coastal outlooks are incredibly rare. Contact the team to experience everything this exceptional Falcon residence has to offer.
DISCLAIMER: This description has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate; however buyers must make their own independent inquiries and must rely on their own personal judgement about the information included in this advertisement. Century 21 Coast Realty provides this information without any express or implied warranty as to its accuracy or currency.
Listing description written by Chris Butterworth, Century 21 Coast Realty — reproduced as published, not verified by Districts.