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

Based on analysis of ABS population updates for the broader area, the estimated population of the Falcon statistical area (Lv2) is around 6,243 as of Nov 2025. This reflects an increase of 712 people since the 2021 Census, which reported a population of 5,531 people. The change was inferred from the resident population of 6,212 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 26 validated new addresses since the Census date. This level of population equates to a density ratio of 984 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. The Falcon's growth rate of 12.9% since the 2021 census exceeded the national average (9.7%), marking it as a growth leader in the region. Population growth for the area was primarily driven by interstate migration, contributing approximately 55.00000000000001% of overall population gains during recent periods, although all drivers including overseas migration and natural growth were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises growth rates by age cohort provided by the ABS in its latest Greater Capital Region projections (released in 2023, based on 2022 data). Moving forward with demographic trends, an above median population growth is projected for the Falcon (SA2), with an expected increase of 1,363 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 22.4% in total over the 17 years.

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

AreaSearch analysis of ABS building approval numbers shows Falcon averaging around 44 new dwelling approvals each year. Over the past five financial years, from FY-21 to FY-25, approximately 222 homes were approved, with an additional 22 approved so far in FY-26. This results in a significant demand outpacing supply, typically putting upward pressure on prices and increasing competition among buyers.

The average value of new dwellings developed is $508,000, indicating that developers are targeting the premium market segment with higher-end properties. In terms of commercial approvals, Falcon has seen $6.0 million in FY-26, demonstrating its primarily residential nature. Compared to Greater Perth, Falcon has around two-thirds the rate of new dwelling approvals per person and places among the 83rd percentile of areas assessed nationally.

Recent building activity consists entirely of standalone homes, preserving the area's suburban nature with an emphasis on detached housing attracting space-seeking buyers. With around 123 people per dwelling approval, Falcon shows characteristics of a growth area. Population forecasts indicate Falcon will gain 1,398 residents through to 2041, as per the latest AreaSearch quarterly estimate. Development is keeping reasonable pace with projected growth, though increasing competition among buyers may arise as the population expands.

Falcon has emerging levels of nearby infrastructure activity, ranking in the 23rdth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified one major project likely affecting this region. Key projects are Yalgorup National Park Eco-Tourism Development, Southern Beaches Coastal Hazard Risk Management and Adaptation Plan (CHRMAP), Additional Australind Trains Procurement, and Provision Of Regional-Level Sporting Facilities In Growth Areas Perth And Peel. The following details those most relevant.

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's workforce spans white and blue collar jobs, with manufacturing and industrial sectors prominent. Its unemployment rate is 3.1%, lower than the national average.

Over the past year, employment grew by an estimated 9%. As of September 2025, 2,810 residents are employed, with a 0.9% lower unemployment rate compared to Greater Perth's 4.0%. Falcon's workforce participation is significantly lower at 50.9%, compared to Greater Perth's 65.2%. Leading employment industries include health care & social assistance, mining, and construction.

Mining is particularly specialized in Falcon, with an employment share 1.7 times the regional level. However, professional & technical jobs are under-represented, at 3.4% of Falcon's workforce compared to Greater Perth's 8.2%. The area appears to have limited local employment opportunities. Between September 2024 and September 2025, employment increased by 9.0%, while labour force rose by 9.3%, leading to a slight increase in unemployment. In contrast, Greater Perth experienced more modest growth rates of 2.9% for employment and 3.0% for labour force. State-level data from 25-Nov-25 shows WA employment contracted by 0.27%, with an unemployment rate of 4.6%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years, but growth rates vary significantly between industry sectors. Applying these projections to Falcon's employment mix suggests local employment should increase by 5.7% over five years and 12.5% over ten years.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch's latest postcode level ATO data for financial year 2023 indicates Falcon's median income among taxpayers is $52,662, with an average of $74,262. This is above the national average. Greater Perth's median is $60,748 and average is $80,248. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates for Falcon would be approximately $57,728 (median) and $81,406 (average) as of September 2025. According to 2021 Census figures, household, family and personal incomes in Falcon fall between the 13th and 16th percentiles nationally. Distribution data shows 25.3% of locals (1,579 people) are in the $1,500 - 2,999 category. Housing affordability pressures are severe, with only 83.7% of income remaining, ranking at the 14th percentile.

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

Falcon's dwelling structure, as evaluated in the latest Census, consisted of 94.7% houses and 5.3% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Perth metro's 85.0% houses and 15.0% other dwellings. Home ownership in Falcon was at 43.0%, with the rest either mortgaged (33.7%) or rented (23.3%). The median monthly mortgage repayment was $1,625, below Perth metro's average of $1,733. The median weekly rent was $300, matching Perth metro's figure but significantly lower than the national average of $375. Nationally, Falcon's mortgage repayments were lower at $1,625 compared to Australia's average of $1,863.

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

Family households account for 68.4% of all households, including 21.4% couples with children, 35.5% couples without children, and 10.5% single parent families. Non-family households constitute the remaining 31.6%, with lone person households at 29.5% and group households comprising 2.3% of the total. The median household size is 2.2 people, which is smaller than the Greater Perth average of 2.4.

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

The area's university qualification rate is 15.3%, significantly lower than the Australian average of 30.4%. Bachelor degrees are the most common at 11.2%, followed by graduate diplomas (2.4%) and postgraduate qualifications (1.7%). Vocational credentials are prevalent, with 44.0% of residents aged 15+ holding them - advanced diplomas at 11.5% and certificates at 32.5%. A total of 23.4% of the population is actively engaged in formal education: 8.3% in primary, 6.8% in secondary, and 3.0% in tertiary education.

A substantial 23.4% of the population actively pursues formal education. This includes 8.3% in primary education, 6.8% in secondary education, and 3.0% pursuing tertiary education.

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

Falcon has 48 active public transport stops operating within its boundaries. These stops are served by a mix of buses along six different routes. Together, these routes facilitate 488 weekly passenger trips.

The accessibility of the transport system is rated as good, with residents on average located 203 meters from their nearest transport stop. Across all routes, service frequency averages 69 trips per day, resulting in approximately 10 weekly trips per individual stop.

Health performance in Falcon is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Falcon faces significant health challenges, with common conditions prevalent across both younger and older age groups.

Approximately 57% (~3,538 people) of Falcon's total population has private health cover, a rate higher than Greater Perth's approximately 49%. The most prevalent medical conditions are arthritis (11.4%) and mental health issues (8.9%), while 62.9% of residents report no medical ailments, slightly lower than Greater Perth's 63.6%. Falcon has a higher proportion of seniors aged 65 and over at 32.7% (~2,041 people), compared to Greater Perth's 27.5%. Despite this, health outcomes among seniors in Falcon are above average, outperforming the general population in various health metrics.

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

Falcon's population was found to be predominantly Australian-born, with 76.5% having been born there. A high proportion of residents were citizens, at 88.7%, and English was spoken exclusively at home by 96.1%. Christianity was the dominant religion in Falcon, practiced by 46.1% of its population.

This figure is slightly lower than that of Greater Perth, where 47.2% of people are Christian. The top three ancestry groups in Falcon were English (36.8%), Australian (27.9%), and Scottish (8.0%). Notably, Welsh ancestry was more prevalent in Falcon at 1.1%, compared to the regional average of 0.8%. Similarly, Maori ancestry was present in Falcon at a rate of 1.1% versus 1.2% regionally, and New Zealand-born residents made up 1.0% of Falcon's population, matching the regional figure.

Falcon ranks among the oldest 10% of areas nationwide

Falcon's median age is 50 years, which is significantly higher than Greater Perth's 37 years and the national average of 38 years. Compared to Greater Perth, Falcon has a higher proportion of residents aged 65-74 (17.9%) but fewer residents aged 25-34 (8.1%). This concentration of 65-74 year-olds is well above the national figure of 9.4%. Between the 2021 Census and the present, the proportion of residents aged 75 to 84 has grown from 8.8% to 11.8%, while the proportion of those aged 55 to 64 has declined from 16.4% to 14.9%. The proportion of residents aged 25 to 34 has also decreased, from 9.3% to 8.1%. By 2041, Falcon's age composition is expected to shift notably. Leading this change, the 75 to 84 age group is projected to grow by 83%, reaching 1,345 people from 736. This demographic aging trend continues as residents aged 65 and older will represent 85% of anticipated growth. Conversely, both the 0 to 4 and 35 to 44 age groups are expected to see a decrease in numbers.