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
$849,000
Last sold
1 Apr 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
874 m²
Land
106 m²
Building
Districts View
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
$849,000
1 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Falcon (last 5 years) with land size have a median of $1,071/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
+6.1%
Median sale
Suburb $800,000
-0.24 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 874 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 874 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 Harcourts MandurahSet in a quiet, well-established street in the sought-after coastal suburb of Falcon, 39 Leander Street presents a fantastic opportunity to secure a spacious 3 bed, 2 bathroom home packed with character, space and potential.
Built in 1979 and positioned on a substantial 874sqm block with R20 zoning, this lovely family home is only 235m to the beach and offers comfortable living today - while also presenting exciting possibilities for renovation, modernisation or value-adding for those with vision.
Inside, the home retains much of its original charm while offering a functional layout with multiple living areas designed for comfort and practicality.
At the front of the home, the formal lounge provides a welcoming retreat featuring charming bay windows that allow natural light to fill the room. Electric roller shutters add both privacy and security, while a ceiling fan ensures comfort throughout the warmer months.
The central kitchen overlooks the meals and family living areas, creating a connected hub for everyday living and entertaining with a split reverse cycle air conditioner for all year comfort.
A dishwasher is already in place and the layout provides a solid foundation for buyers who may wish to refresh or modernise the space to suit their own style.
Flowing from the living areas, is a light-filled sunroom that offers additional living or entertaining space, ideal for relaxing with family or enjoying the natural light throughout the day.
The adjoining patio with café blinds provides a sheltered outdoor entertaining area that can be enjoyed year-round.
The home features three generously sized bedrooms designed with comfort in mind.
The master bedroom is queen-sized and includes two double built-in robes, a modernised ensuite, ceiling fan and split reverse cycle air conditioning.
Bedroom two is king-sized with a ceiling fan, while bedroom three is queen-sized and features a built-in robe and ceiling fan.
Comfort throughout the home is enhanced with 2 split reverse cycle air conditioning and insulation with yellow batts, helping maintain a pleasant temperature all year round.
Practical features include bottled gas connection, an electric storage hot water system servicing the home and an instant gas hot water system to the ensuite.
Outside, the large 874sqm block provides exceptional space and versatility.
There is plenty of room for boat and caravan parking, along with drive-through access leading to a double garage at the rear with automatic doors and a caravan port.
Reticulation helps keep the gardens maintained with ease, making the outdoor areas both practical and low maintenance.
For buyers seeking a property with personality, space and potential, this home offers the opportunity to move in and enjoy as is, gradually update over time or undertake a renovation project to unlock its full value.
Falcon is well known for its relaxed coastal lifestyle and strong sense of community.
Residents enjoy easy access to beautiful local beaches, the Dawesville Cut, and the Peel-Harvey Estuary, making it an ideal spot for boating, fishing and outdoor recreation.
Falcon itself sits between the Indian Ocean and the Peel-Harvey Estuary, offering residents easy access to both waterways and some of Mandurah's most beautiful coastal scenery.
This property presents an excellent opportunity to secure a character-filled home on a large block in a fantastic coastal location with room for all the extras and the potential to create something truly special.
Key Features:
• 874sqm block with R20 zoning
• 2 Split reverse cycle air conditioning
• Insulated with yellow batts
• Sunroom providing additional living space
• Reticulated gardens
• Boat and caravan parking
• Drive-through access to rear double garage with automatic door
Shopping & Local Conveniences:
• Falcon Shopping Centre - approx. 5 minutes / 4km
• Miami Plaza Shopping Centre - approx. 5 minutes / 4km
• Mandurah Forum Shopping Centre - approx. 15 minutes / 12km
• Falcon Medical Centre & local pharmacies - approx. 5 minutes / 4km
• Mandurah Train Station - approx. 15 minutes / 13km
Food & Drink:
• Falcon Bay Café - approx. 5 minutes / 3km
• Cobblers Tavern - approx. 6 minutes / 4km
• The Cut Tavern, Dawesville - approx. 10 minutes / 8km
• Miami Bakehouse Falcon - approx. 6 minutes / 4km
• Mandurah Foreshore restaurants and cafés - approx. 15 minutes / 12km
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.
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.