10 Olive Road, Falcon, WA 6210 | Property Value & History | OnTheHouse
OFF MARKET

10 Olive Road
Falcon WA 6210

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1295m2
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Property Details for 10 Olive Rd, Falcon

Building Type
Land
Year Built
1977
Land Size
1295m2
Local Government
Mandurah
Lot/Plan
12/D023690

Last Listing description (April 2026)

Positioned in the heart of the Falcon precinct, 10 Olive Road presents a rare opportunity to secure a prime vacant development site with fully council-approved plans already in place. Set on a generous 1,259sqm block with a 20m frontage, this property is ready for immediate construction, offering a seamless pathway from purchase to development.The approved plans have been thoughtfully designed to accommodate a medical centre, chemist and caf, creating a high-demand, service-based hub tailored to the needs of the growing local community. With no existing structures on site, you have the flexibility to bring this vision to life without delay.Whether you are looking to establish your own business premises or develop and lease to quality tenants, this property offers exceptional versatility and strong long-term potential. The combination of essential health services and a hospitality offering is well-suited to the area, providing an attractive opportunity for both owner-occupiers and investors seeking reliable future income streams.With approvals already secured, you can avoid the time, cost and uncertainty of the planning process and move straight into the build phase. Opportunities of this nature - vacant land with approved commercial plans in a well-established coastal precinct - are increasingly hard to come by.The approved development includes a well-considered layout featuring a 439.55sqm ground floor area, total roof cover of 513.52sqm and a spacious verandah of 73.97sqm. The site also allows for 817.34sqm of carpark and paving, alongside 38.11sqm of landscaped area, ensuring both functionality and visual appeal.This is your chance to secure a ready-to-go development site in a thriving location, with the flexibility to occupy, invest or lease.Location Highlights: Positioned in the established Falcon precinct Coastal location with close proximity to all services Easy access to Mandurah and surrounding suburbs Strong exposure with 20m frontage Well-connected to main arterial roadsConvenience Highlights: Approved for medical centre, chemist and caf Designed to service the growing local community Opportunity to establish your own business Potential to lease to multiple tenants High demand for essential health and service-based offerings Ready-to-build with council approvals already in placeCall 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.

Property History for 10 Olive Rd, Falcon, WA 6210

A timeline of how this property has performed in the market
Last Sold
$480,000
20 Mar 2024
Listed for Rent
$280/w
04 Aug 2015
  • 19 Mar 2026
    Listed for Sale From $1,249,000
  • 20 Mar 2024
    Sold for $480,000
  • 03 Oct 2023
    Listed for Sale From $475,000
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About Falcon 6210

The size of Falcon is approximately 12.5 square kilometres. It has 21 parks covering nearly 7.1% of total area. The population of Falcon in 2016 was 5164 people. By 2021 the population was 5531 showing a population growth of 7.1% in the area during that time. The predominant age group in Falcon is 60-69 years. Households in Falcon are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Falcon work in a trades occupation.In 2021, 75.10% of the homes in Falcon were owner-occupied compared with 70.00% in 2016.

Falcon has 4,025 properties. Over the last 5 years, Houses in Falcon have seen a 124.55% increase in median value, while Units have seen a 197.14% increase. As at 30 April 2026:

  • The median value for Houses in Falcon is $922,718 while the median value for Units is $851,725.
  • Houses have a median rent of $580 while Units have a median rent of $293.
There are currently 24 properties listed for sale, and 6 properties listed for rent in Falcon on OnTheHouse. According to Cotality's data, 197 properties were sold in the past 12 months in Falcon.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.