Sold
28 Olive Road, Falcon WA 6210
Sold price: $850,000
Sold: 29 Mar 2026
Sold
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Landsize 1,295m2
Land
View
R60 DEVELOPMENT SITE - 1,295sqm COASTAL OPPORTUNITY
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.
Development Highlights
• R60 zoning - ideal for multi-dwelling development (STCA)
• Generous 1,295sqm (approx.) landholding
• Approx. 20.21m frontage Ã?Æ'Ã?'Ã?â€'- 64.37m depth
• Flat, cleared block - minimal site preparation required
• Efficient rectangular layout for optimal design yield
• Strong potential for villa/townhouse development
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
Ã?Æ'Ã?'¢Ã?Æ'…"" Large landholding rarely available in this location
Ã?Æ'Ã?'¢Ã?Æ'…"" High-density zoning already in place - no rezoning required
Ã?Æ'Ã?'¢Ã?Æ'…"" Flat block = reduced construction costs
Ã?Æ'Ã?'¢Ã?Æ'…"" 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.
Property features
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Land frontage
20.12
Listing snapshot by reiwa.com
This land listing located in Falcon was sold by Simon Goodwin and Yuliia Manko at Ray White Mandurah.
If you would like to get in touch with Simon Goodwin or Yuliia Manko regarding 28 Olive Road, Falcon, please call Simon on 0432 039 627 or call Yuliia on 0434 118 281, or contact the agent via email.
Cost breakdown
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Council rates: $2,744 / year
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Water rates: $1,301 / year
Nearby schools
Falcon overview
Are you interested in buying, renting or investing in Falcon? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Falcon offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.
Falcon quick stats
High end
$935k
Median
$790k
Low end
$705k
14.5 %
Annual growth
$790k
Annual median sales price
$597pw
Annual median rental price
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