42 Olive Rd, Falcon is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 2555m2.
SITUATED IN THE BEAUTIFUL ESTUARY SIDE SUBURB OF FALCON, YOU WILL FIND THIS BRAND NEW UNIT COMPLEX, CONSISTING OF A MIXTURE OF 1 BEDROOM, 2 BEDROOM AND 3 BEDROOM UNITS. IDEALLY POSITIONED WITHIN ONLY 60 METERS OF MANDURAH'S GORGEOUS ESTUARY, YOU ARE WITHIN AN EASY WALK OF ESTUARY SIDE WALKWAYS, PUBLIC PARKLANDS, SHOPPING CENTRES, TRANSPORT, THE AWARD WINNING MIAMI BAKEHOUSE AND ONLY MINUTES FROM BEACHES AND GOLF COURSES. THESE UNITS RANGE IN PRICE FROM $192,000-$320,000 AND AS SUCH, WILL FIT MANY BUYERS BUDGET. OF THESE 14 UNITS, 7 ARE BEING MADE AVAILABLE THROUGH THE GOVERNMENT SHARED START AFFORDABLE HOUSING INITIATIVE, WHERE THE GOVERNMENT IS WILLING TO RETAIN UP TO A 20% OWNERSHIP TO ALLOWING EVEN MORE AFFORDABILITY TO BUYERS THAT QUALIFY THROUGH KEYSTARTS LENDING CRITERIA. FOR ADDITIONAL INFORMATION PLEASE FEEL FREE TO CONTACT THE SELLING AGENT OR GET IN TOUCH WITH KEYSTART ON 1300 578 278 TO ASK IF YOU QUALIFY.
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 4,021 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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