7/42 Olive Rd, Falcon is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2014. The property has a land size of 185m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in February 2015.
CLOSE TO THE BEACH AT AN AFFORDABLE PRICE!
THIS BRAND NEW 3 BEDROOM 2 BATHROOMS PROPERTY IS PERFECTLY PRESENTED AND SET UPON AN EASY TO MANAGE BLOCK. WHETHER YOU ARE A FIRST TIME BUYER OR DOWNSIZING, THIS IS JUST PERFECT. SITUATED IN BEAUTIFUL FALCON WITH A SHORT STROLL TO THE BEACH WITH PARKLAND, SCHOOLS AND TRANSPORT CLOSE BY THIS RELAXING BEACH LOCATION IS JUST WAITING TO BE ENJOYED. THIS PROPERTY IS LOCATED WITHIN WALKING DISTANCE TO SUPERMARKET, BANK, TAVERN, ESTUARY, MIAMI BAKEHOUSE, BUS AND MUCH MORE. THE ABOVE PURCHASE PRICE $260,000 REPRESENTS AN 80% SHARE IN THIS PROPERTY. THE HOUSING AUTHORITY (THE DEPARTMENT OF HOUSING) WILL OWN THE OTHER 20% SHARE, IN EQUITY. THIS PROPERTY IS OFFERED UNDER A FLEXI LOAN PRODUCT FROM KEYSTART. PLEASE REFER TO KEYSTART 1300 578 278 FOR AN EXPLANATION OF THIS. LOCATED IN NEWHAVEN ESTATE THIS PROPERTY OFFERS GREAT VALUE FOR CUSTOMERS INTERESTED IN GETTING INTO HOME OWNERSHIP. IT OFFERS: - 3 BEDROOMS - 2 BATHROOMS - SINGLE GARAGE - OPEN PLAN MEALS AND LIVING AREA REGISTER YOUR INTEREST NOW !
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 4,023 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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