Back 28 Olive Road
Off Market

28 Olive Road

Falcon WA 6210

1295 m²
Land
Simon GoodwinSimon Goodwin, last sold this property on 27 April 2026 after 34 days on market.

Overview

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.

Features

1295 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Falcon over the last 12 months, the estimated median property value of 28 Olive Road is $450k.

Median value
$450k
Estimated value range
$105k - $850k
Median days on market
38
Estimated value trend
88%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Falcon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 28 Olive Road

2026
Sold
Undisclosed
27 Apr 2026 by Simon Goodwin, of Ray White Mandurah

Happy sellers in Falcon

92%
92% of sellers in Falcon reported that their sale price either exceeded or met their price expectations.

Falcon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Falcon over the last 12 months.

Local market activity for land plots in Falcon

In the last 12 months, 17 land plots similar to 28 Olive Road, have been sold.

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