Developers, investors and land bankers - this is the one you've been waiting for.
28 Olive Road offers a rare chance to secure a large 1,295sqm flat block with R60 zoning in a tightly held coastal location just minutes from the beach.
Opportunities of this scale and zoning are becoming increasingly scarce in Falcon. With strong demand for higher-density housing in the Mandurah region, this site presents immediate development upside and long-term capital growth potential.
Strategic Location
Minutes to Falcon Bay & coastline
Close to Peel Estuary & lifestyle amenities
Walking distance to shops, transport and services
High-demand area with ongoing residential growth
Proven sales activity supporting redevelopment
Why This Site Stands Out
?'?'?'"" Large landholding rarely available in this location
?'?'?'"" High-density zoning already in place - no rezoning required
?'?'?'"" Flat block = reduced construction costs
?'?'?'"" Strong resale and rental demand in the area
Act Fast
Sites with this size, zoning and location are tightly held and rarely come to market.
Whether you're looking to develop immediately or secure a strategic coastal asset, this property represents a compelling opportunity in a growth corridor.
Serious offers invited - contact us today for further details.
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 4,022 properties. Over the last 5 years, Houses in Falcon have seen a 125.43% increase in median value, while Units have seen a 170.41% increase. As at 31 March 2026:
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