ABS 2021 Census · Updated 31 March 2026
Falcon is an outer-metropolitan suburb of Perth, Australia, with a population of approximately 5,531, making it a smaller community. Located approximately 73 km from the Perth CBD, Falcon is a outer metro area in Western Australia. The median household income is $62,764 AUD per year (ABS 2021 Census).
Household earnings in Falcon are below the state average, which may affect long-term capital growth. Greater distance from the CBD may temper short-term capital growth.
Map shows Falcon, Western Australia, Australia.
Official Australia Post postcode for Falcon. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Falcon on My School →Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Falcon's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,625/month.
Holding property in Falcon over the medium term may deliver steady, if unspectacular, returns.
Expect competitive but not exceptional rental returns in Falcon's current market.
Renovation or flip strategies in Falcon face headwinds from a smaller buyer pool and slower turnover.
Run the numbers on a Falcon property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Price movement in Falcon is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Sentiment is subdued, though improving local conditions could shift perceptions over time.
Falcon is a outer metro area in Western Australia with a population of 5,531. The median rent is $300/week and the median household income is $62,764/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Falcon include affordability relative to inner suburbs and expanding infrastructure. 67% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.
According to the ABS 2021 Census, Falcon has a population of approximately 5,531. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Falcon is approximately 73 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.