37 Galatea Rd, Falcon is a 3 bedroom, 1 bathroom House and was built in 1969. The property has a land size of 1012m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Situated on a massive 1,012m2 block zoned R20 and connected to deep sewerage this block can be subdivided as a duplex or one day simply build your dream home and enjoy life in this sought after Falcon location.Fantastic opportunity for the astute investor/developer! Keep the current dwelling earning a rental return of $280 pw with an increase potential at the end of tenancy to $350 pw, keep as a great little summer beach home getaway or demolish and build a dream family home. Blocks are becoming increasingly harder to find in this well-established beach suburb, especially when it's only a 5-minute walk away from the beach.This adorable beach shack is over 50 years old (built 1969) of fibro and iron construction, but due to its age will be sold on an "As-Is" Basis but is currently tenanted to a great long-term tenant until April 2024. Features include:- WALK TO BEACH IN 5 MINUTES- HEAR THE OCEAN AT NIGHT- LIGHT BRIGHT AND AIRY- JARRAH FLOORBOARDS TO LIVING AREAS / CARPET IN BEDROOMS- OPEN PLAN LIVING / DINING / KITCHEN- FREE STANDING ELECTRIC COOKER / OVEN- WOODEN OUTDOOR DECK FOR ENTERTAINING- AIRCONDITIONING- ROOM FOR KIDS TO PLAY AND EXPLOREPrivate viewings can be arranged with tenant negotiation. Please contact Kent 0411 753 770
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 122.72% increase in median value, while Units have seen a 193.22% increase. As at 31 December 2025:
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