Current Market Valuation
Estimated market value: $1,086,000
Notes: Based on comparable sales, past sales and available property data. High confidence valuation updated 28 Apr (year not specified, likely 2025 based on current time context). Property value increased by 4.5% in the last month and 69.4% since it last sold in 2021.
Purchase History
21 Nov 2021 - $670,000
02 Nov 2012 - $570,000
07 Mar 1991 - $200,000
Property Details
Type:
House
Bedrooms:
5
Bathrooms:
2
Land (sqm):
867
Car/Garage:
2 car spaces (double roller door separate garage)
Estimated weekly rent:
$805 per week
High confidence estimated rental income. Low range $725pw, high range $880pw. Estimated rental yield for the property is 3.6%, while the Falcon average rental yield for houses is 4.6% or 4.4% [2, 3, 7].
Rental vacancy rate:
0.63% (for houses in Falcon)
Council rate:
Approximately $1,900 / year (based on comparable property)
Water rate:
Approximately $282 / year (based on comparable property)
Strata fee:
N/A (house)
Home and content insurance price:
Approximately $1,534 - $4,500+ per year (Australia wide average for combined home & contents insurance)
Zoning Information
LGA:
Mandurah local government area
Zoning:
Residential land use
Bushfire:
Detected
Flood:
Not detected
Heritage:
Not detected
Potential Developments in the Area
State Government:
Local Government:
Residential development forecasts in Falcon expect an increase of approximately 39 dwellings per annum to 4,313 in 2046.
Specific assumed dwelling developments include: 14 Baroy Street (25 dwellings, 2031-2034), 36-649 Olive Road (90 dwellings, 2031-2034), 651-669 Old Coast Road (53 dwellings, 2034-2038), Bluerise Cove (150 dwellings, 2034-2038), and various locations on Pleasant Grove Circle.
Features
Location 4 Rowena Street, Falcon WA, Australia
What's Nearby
Education
Transportation
Old Coast Road - Bus (Routes 593 and 594)
Suburb Performance
Median Price History
Median house price in Falcon varies slightly across sources. The suburb has experienced significant growth in the past 12 months.
May 2024 - May 2025 | $705,000
Last 12 months | $660,000 - $700,000 - $692,000 (depending on source)
Last 12 months (5+ bedrooms) | $980,000
12-Month Growth Insight
Houses in Falcon have seen an annual compound growth rate of 23.9% (May 2024 - May 2025) .
Annual capital growth of 26.92% for houses .
Increased by 24% for houses based on 157 sales in the past 12 months .
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