47 Falcon Parade, Nickol, WA 6714 | House for sale | OnTheHouse
 
FOR SALE
Buyers Guide From Early $900,000's

47 Falcon Parade
Nickol WA 6714

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 156m2
Land area: 590m2
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Strong Investment Opportunity

**Open By Appointment**
An exceptional opportunity for residential property investors seeking strong income and an attractive rental return in one of Western Australia's major regional economic centres.
Located in Nickol West, within the Karratha region of the Pilbara, the property benefits from a long term lease through an A Class local corporate tenant. With Karratha's prosperous and diverse economy, supported by major industries including resources and mining, energy, construction, logistics and associated service sectors, this is a great opportunity for solid returns for an investor. This strong economic base continues to underpin demand for quality residential accommodation, particularly from corporate and professional tenants.
The property is a well-appointed four-bedroom, two-bathroom home with approximately 156 sqm of living area - 220 sqm under main roof, a double carport and positioned on a generous 590 sqm block. It is conveniently located a short distance from Karratha town and a wide range of shopping, dining, employment and essential amenities.
Strong Investment Fundamentals
The property is currently leased to a long-term A-Class corporate tenant, providing an attractive combination of quality tenancy and strong rental income.
• Current rent: $1,750 per week
• Annual rental income: $91,000
• Lease: Current lease in place with an established corporate tenant
• Indicative gross rental return: Approximately 9.8%–10.35%
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Property Details for 47 Falcon Pde, Nickol

47 Falcon Pde, Nickol is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 590m2 and floor size of 156m2. The place is currently for sale with RE/MAX Extreme.

Building Type
House
Year Built
2008
Floor Size
156m2
Land Size
590m2
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About Nickol 6714

The size of Nickol is approximately 3.0 square kilometres. There are 3 parks, covering nearly 1.0% of the total area. The population of Nickol in 2016 was 4624 people. By 2021 the population was 4938 showing a population growth of 6.8% in the area during that time. The predominant age group in Nickol is 30-39 years. Households in Nickol are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nickol work in a trades occupation.In 2021, 22.20% of the homes in Nickol were owner-occupied compared with 11.90% in 2016.

Nickol has 2,078 properties. Over the last 5 years, Houses in Nickol have seen a 62.79% increase in median value, while Units have seen a 82.54% increase. As at 31 August 2026:

  • The median value for Houses in Nickol is $802,589 while the median value for Units is $478,965.
  • Houses have a median rent of $1,500 while Units have a median rent of $600.
There are currently 12 properties listed for sale, and 5 properties listed for rent in Nickol on OnTheHouse. According to Cotality's data, 90 properties were sold in the past 12 months in Nickol.

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Brett White
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Cristina Botha
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RE/MAX Extreme
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