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Falcon, WA 6210
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$800,000
market range $750K-$925K
Median Unit
$650,000
list-price estimate
Gross Yield (units)
4.1%
1yr Growth (houses)
+14.6%
market range +7.5% to +25.0%
Investment snapshot for Falcon
Falcon has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Falcon market and investor summary
Falcon (WA 6210) runs a median house price of $800K. House prices have moved +14.6% over the past year. At 1.6% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.
Living in Falcon: people, income and schools
About 5,531 people live in Falcon, and the area has been growing steadily, up about 16% over five years. The median age is 50, an older, established demographic, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $63,000 a year, or roughly $1,210 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 12.7 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 33% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 6 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 73 km from the CBD. It is fairly car-dependent; the suburb scores 32 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 5,531
- +16% over 5yr
- Median age
- 50 years
- Median household income
- $63,000/yr
- Households renting
- 23%
- Family households
- 68%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 6
- avg ICSEA 1005
- Unemployment
- 3.3%
- Distance to CBD
- 73 km
- Walk score
- 32/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Falcon
View all →Frequently asked questions about Falcon
What should I check before investing in Falcon?
Falcon has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.1% gives a usable rent-to-price starting point. Capital growth of +14.6% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Falcon?
The median property price in Falcon, WA 6210 is $800K for houses.
What rental yield does Falcon show?
The gross rental yield in Falcon is 4.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Falcon?
House prices in Falcon are up 14.6% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Falcon?
The current vacancy rate in Falcon is 1.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Falcon?
Falcon has a population of approximately 5,531 residents, with a median age of 50.
What schools are near Falcon?
There are 6 schools within roughly 5km of Falcon. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Falcon affordable to buy in?
A median house in Falcon costs about 12.7 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Falcon's population growing?
The population of Falcon has grown about 16% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Falcon from the CBD?
Falcon is about 73 km from the CBD.
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