Falcon is a mid-sized suburb in Western Australia within the Mandurah local government area (postcode 6210). With a population of 5,531, the suburb has a mature demographic with a median age of 50. Households earn a median income of $63K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Falcon is $600,000, having surged 26.3% over the past year. Units have a median price of $553,000 (+15.8% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,625.
Public transport access includes 48 bus stops.
From an investment perspective, Falcon offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($600K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved +26.3% year-on-year.
Falcon is a mid-sized suburb in Western Australia within the Mandurah local government area (postcode 6210). With a population of 5,531, the suburb has a mature demographic with a median age of 50. Households earn a median income of $63K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Falcon is $600,000, having surged 26.3% over the past year. Units have a median price of $553,000 (+15.8% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,625.
Public transport access includes 48 bus stops.
From an investment perspective, Falcon offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($600K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 9.6x is considered moderate. House prices have moved +26.3% year-on-year.