Falcon

Population growth drivers in Falcon are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

According to the analysis of ABS demographic updates for the surrounding region alongside newly validated addresses recorded by AreaSearch since the Census, the suburb of Falcon has a resident count estimated at 6,472 as of May 2026. This represents a growth of 941 people (17.0%) compared to the 2021 Census, which documented a population of 5,531 individuals. This change is calculated from a resident base of 6,457, calculated by AreaSearch using the ABS June 2025 ERP data release, combined with an additional 26 validated new addresses since the Census. This population level translates to a density of 1,020 persons per square kilometer, matching general averages recorded across areas evaluated by AreaSearch. The growth rate of 17.0% since the 2021 census outpaced the national average (9.3%) as well as the state, positioning the suburb of Falcon as a regional leader in expansion. Population gains were driven mostly by interstate migration, which accounted for approximately 55.00000000000001% of the overall increase, though all other factors, including overseas arrivals and natural increase, remained positive.

AreaSearch incorporates projections from the ABS and Geoscience Australia for every SA2 region, published in 2024 using 2022 as the baseline. For any SA2 localities missing from this dataset, and to project development beyond 2032, AreaSearch utilizes cohort-specific growth rates from the latest Greater Capital Region projections published by the ABS in 2023, based on 2022 figures. Looking ahead, demographic patterns indicate that the suburb of Falcon will experience population growth above the median for Australian statistical areas, with a projected increase of 1,242 residents by 2041 using aggregated SA2 projections, representing a total rise of 19.0% over the 16 years.

AreaSearch assessment of residential development activity positions Falcon among the top 25% of areas assessed nationwide

Analysis of ABS building approvals by AreaSearch, distributed from statistical area datasets, indicates that Falcon averages roughly 43 new residential approvals annually. This includes an estimated 217 homes approved during the past 5 financial years (between FY-21 and FY-25) and 37 approvals during the current FY-26 period. With an average of 3.9 new residents for each home built over the past 5 financial years (between FY-21 and FY-25), demand is outstripping construction, which generally drives up prices and intensifies buyer competition, while newly built homes average an expected construction cost of $508,000, indicating developers are focusing on higher-end properties for the premium market. Commercial approvals have also reached $6.0 million in the current financial year, highlighting the predominantly residential character of the locality.

Relative to Greater Perth, Falcon recorded approximately two-thirds the volume of new residential approvals per capita, placing it in the 70th percentile of areas evaluated nationwide. Recent construction is comprised entirely of standalone houses, maintaining the neighborhood's suburban environment characterized by detached dwellings that draw buyers looking for space. With approximately 187 individuals per residential approval, Falcon displays the attributes of a growing district.

Demographic projections indicate that the suburb of Falcon will add 1,227 residents by 2041, based on the most recent quarterly estimates from AreaSearch. Current building volumes seem aligned with future requirements, supporting stable market conditions without generating significant pressure on prices.

Falcon has emerging levels of nearby infrastructure activity, ranking in the 30thth percentile nationally

Local infrastructure projects, major planning decisions, and development initiatives have a significant influence on local real estate markets. AreaSearch has identified a total of 2 projects that are expected to impact this locality. Relevant developments include the Falcon Coastal Shared Path, the Yalgorup National Park Eco-Tourism Development, the Dawesville Community Centre, and the Southern Beaches Coastal Hazard Risk Management and Adaptation Plan (CHRMAP), with details provided below for the most significant projects.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment performance in Falcon exceeds national averages across key labour market indicators

Falcon features a diverse workforce distributed across white-collar and industrial positions, with manufacturing and industrial sectors playing a prominent role. The unemployment rate stands at 3.4%, with an estimated jobs growth of 8.3% over the prior year, according to aggregated statistical area data from AreaSearch. As of March 2026, there are 2,896 employed residents, with an unemployment rate 0.8% lower than the Greater Perth level of 4.2%, while labor force participation is lower at 53.3% compared to Greater Perth's 70.2%. Census data reveals that a modest 8.7% of employed locals worked from home, though this may have been influenced by COVID-19 pandemic restrictions.

The primary employment sectors for local residents are health care & social assistance, mining, and construction. The community displays a strong specialization in mining, showing an employment concentration 1.7 times higher than the regional average. Conversely, professional & technical roles are underrepresented, accounting for only 3.4% of the local workforce compared to 8.2% in Greater Perth. The heavily residential nature of the neighborhood suggests that local employment options are limited, as shown by comparing the count of residents working locally against the total working population.

Based on SALM and ABS data aggregated from broader statistical regions by AreaSearch, employment expanded by 8.3% over the 12 months leading to March 2026, while the overall labor force grew by 9.3%, leading to an increase in the unemployment rate of 0.9 percentage points. Over the same timeframe, Greater Perth saw jobs grow by 2.0% and the labor force expand by 2.5%, resulting in a 0.4 percentage point rise in unemployment. National employment projections from May-25 published by Jobs and Skills Australia provide further context regarding future labor demand in Falcon. These five and ten-year projections have been aligned with the local employment structure to estimate future hiring patterns. Nationwide employment is projected to grow by 6.6% over five years and 13.7% over ten years, though expansion rates vary widely across different industries. Applying these sector-specific trends to the local employment mix suggests Falcon's workforce should expand by 5.7% over five years and 12.5% over ten years, noting this is a simple weighted calculation for illustration and does not incorporate local population projections.

Income levels sit below national averages according to AreaSearch assessment

According to the latest postcode-level ATO data released for financial year 2023, taxpayers in the suburb of Falcon have a median income of $52,662 and an average income of $74,262. This exceeds the national benchmark, while comparing to a median of $60,748 and an average of $80,248 in Greater Perth. Factoring in Wage Price Index growth of 10.93% since financial year 2023, contemporary estimates would be roughly $58,418 for the median and $82,379 for the average as of March 2026. Based on 2021 Census data, household, family, and personal incomes in Falcon rank between the 13th and 16th percentiles nationally. Income distribution figures reveal that the largest cohort contains 25.3% of local taxpayers (1,637 people) earning within the $1,500 - 2,999 range, which aligns with the broader regional trend where 32.0% of taxpayers fall into this bracket. Housing affordability pressure is high, with only 83.7% of income remaining after housing costs, placing the area in the 14th percentile.

Falcon is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Residential structures in Falcon, as recorded during the latest Census, consisted of 94.7% detached houses and 5.3% other housing types, such as semi-detached homes, units, or alternative dwellings, compared to Greater Perth's mix of 77.8% houses and 22.1% other dwellings. The rate of outright home ownership in Falcon reached 43.0%, which is higher than the Perth metropolitan average, with the remaining residences either encumbered by a mortgage (33.7%) or occupied by tenants (23.3%). The median monthly mortgage payment in the area was $1,625, which is lower than the Perth metropolitan average of $1,907, while the median weekly rent was recorded at $300, compared to the metropolitan median of $350. Nationally, Falcon's monthly mortgage costs are lower than the Australian average of $1,863, and weekly rents are lower than the national average of $375.

Falcon has a typical household mix, with a lower-than-average median household size

Family households make up the majority of homes at 68.4%, consisting of couples with children (21.4%), couples without children (35.5%), and single-parent households (10.5%). Non-family households comprise the remaining 31.6%, consisting of single-person households at 29.5% and group households at 2.3%. The median household size is 2.2 residents, which is smaller than the Greater Perth average of 2.6.

Falcon shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

The neighborhood shows lower rates of higher education, with university qualification rates at 15.3% compared to the Australian average of 30.4%. This highlights a clear area for targeted educational programs. Bachelor degrees are the most common higher qualification at 11.2%, followed by graduate diplomas at 2.4% and postgraduate degrees at 1.7%. Technical and trade qualifications are highly prevalent, with 44.0% of residents aged 15+ holding vocational credentials, including advanced diplomas (11.5%) and certificates (32.5%).

A significant 23.4% of local residents are enrolled in formal education. This group includes 8.3% in primary schools, 6.8% in secondary institutions, and 3.0% enrolled in tertiary programs.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Public transport services in Falcon include 48 active bus stops. These stops are served by 6 different routes, which provide a total of 488 weekly passenger trips. Public transport accessibility is rated as good, with residents living an average of 203 meters from the nearest stop. Because Falcon is primarily a residential area, the majority of working residents commute to other districts, with private cars remaining the primary travel mode at 85%, and train travel accounting for 6%. Household vehicle ownership averages 1.4 cars per home. A relatively small proportion of residents (8.7%) worked from home, according to the 2021 Census, which may have been influenced by COVID-19 pandemic measures.

Bus routes average 69 daily trips across the network, which translates to approximately 10 weekly departures for each individual stop.

Falcon's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Health outcomes for residents in Falcon are generally positive, with mortality rates and medical conditions matching national benchmarks. The prevalence of common health issues is typical for both younger and older cohorts, while the proportion of residents with private health insurance is high, sitting at approximately 57% of the population (~3,668 people), compared to 59.0% across Greater Perth.

The most prevalent health issues recorded among local residents were arthritis and mental health challenges, affecting 11.4% and 8.9% of the population, respectively. Meanwhile, 62.9% of residents reported having no chronic medical conditions, compared to 71.9% in Greater Perth. Working-age residents experience chronic health conditions at rates above the average. Individuals aged 65 and over make up 32.6% of the local population (2,109 people), which is higher than the 16.1% average for Greater Perth. Health status among senior citizens is above average, with national percentiles matching those of the broader population.

Falcon ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Falcon exhibits lower levels of cultural diversity than average, with 76.5% of residents born in Australia, 88.7% holding citizenship, and 96.1% speaking only English at home. The predominant religion is Christianity, practiced by 46.1% of residents in Falcon, compared to 45.0% across Greater Perth.

Regarding parent birthplaces, the three most common ancestries in Falcon are English, representing 36.8% of the population (higher than the regional average of 28.0%), Australian, representing 27.9% of the population (higher than the regional average of 21.2%), and Scottish at 8.0%. There are also differences in other backgrounds, with Welsh ancestry overrepresented at 1.1% of the population (compared to 0.7% regionally), Maori ancestry at 1.1% (compared to 0.9% regionally), and New Zealand ancestry at 1.0% (compared to 0.8% regionally).

Falcon ranks among the oldest 10% of areas nationwide

The median age of 50 years in Falcon is higher than Greater Perth's median of 37 and the national median of 38. Compared to the capital city, Falcon has a larger concentration of residents aged 65 - 74 (17.6% vs 9.4% nationally) and a smaller proportion of people aged 25 - 34 (8.3%). Since the 2021 Census, the proportion of residents aged 75 to 84 has increased from 8.8% to 11.8%. In contrast, the 55 to 64 age bracket decreased from 16.4% to 15.0%, and the 45 to 54 group declined from 12.8% to 11.6%. By 2041, the age structure of the suburb of Falcon is projected to change. The 75 to 84 demographic is expected to grow by 69% (528 people), rising from 763 to 1,292. This aging trend is highlighted by the fact that residents aged 65 and older represent 84% of all projected population growth. Conversely, the cohorts aged 0 to 4 and 35 to 44 are projected to experience declines in total numbers.