Julian Khursigara
Launceston, TAS+14
Regional WA · Mandurah
Falcon offers a quintessential coastal lifestyle, uniquely positioned on a peninsula between the Indian Ocean and the Peel-Harvey Estuary. This relaxed suburb is characterized by its beautiful beaches, calm estuary waters perfect for boating and crabbing, and a friendly, community-oriented atmosphere. Its streets, many named after famous yachts, reflect a strong connection to the water, attracting families, retirees, and holiday-makers alike.
Market snapshot
Price register · April 2026
Median house
$675,000 - $900,000
Mid-band $788Kspread 29%
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Median unit
$525,000 - $700,000
Mid-band $613Kspread 29%
Days on market
~5-13 days
Median listing-to-sold window. Shorter = tighter buyer field.
Auction clearance
Private-treaty market
Share of auctions sold. Brisbane skews private-treaty.
Rental yield
3.4% to 4.4%
Gross yield on house stock. Premium suburbs compress.
5-year house-price growth
+76% to +96%
cumulative since 2021Who buys here
Retirees and downsizers · Families seeking a coastal lifestyle · Boating and fishing enthusiasts
5-year trend
Modelled trajectory anchored on aggregated 5-year median figures. Indicative; not month-by-month observed data.
Market analysis
The Falcon property market has demonstrated remarkable strength and consistent growth, positioning it as a standout performer in the Mandurah region. As of April 2026, the median house price reached $780,000, marking a significant 14.7% increase over the previous year. This upward trajectory is not a recent phenomenon; the market has seen substantial long-term appreciation, with some sources indicating a five-year growth figure approaching 85.7%. The unit market, while smaller with only 18 sales in the past year, has also seen positive movement, with a median price of $609,178.
A key driver of this performance is the intense buyer demand, evidenced by the exceptionally low days on market, with houses selling in a median of just 9 days. This rapid turnover indicates a market where supply is struggling to keep pace with buyer interest. The demand is fueled by Falcon's powerful lifestyle proposition - a unique setting between the Indian Ocean and the Peel-Harvey Estuary. This geography offers unparalleled access to water-based activities, from surfing at Falcon Bay to calm water boating and crabbing in the estuary, attracting a diverse range of buyers including families, retirees, and holiday home investors.
The rental market is similarly tight. With a median weekly rent for houses at $600 and a rental yield of around 3.9%, investors are seeing solid returns. Properties are leased quickly, with a median time on market of just 17 days, highlighting the strong tenant demand in the area. This is partly driven by the same lifestyle factors attracting purchasers, as well as Falcon's convenient amenities and proximity to the larger Mandurah city centre. While there has been a slight decrease in sales volume over the past year, this appears to be more a function of limited stock rather than waning interest. With its combination of strong capital growth, robust rental returns, and an enviable lifestyle, Falcon's market fundamentals remain incredibly strong.
Nestled between the ocean and the estuary, Falcon's property market is buoyed by relentless lifestyle demand and impressive long-term growth.
Why a buyers agent
Engaging a buyer's agent in Falcon is crucial for navigating its nuanced and fast-moving market. With houses selling in a median of just nine days, buyers without expert guidance are often left behind. An experienced local agent possesses intimate knowledge of the suburb's distinct pockets - from the highly sought-after properties near Falcon Bay and the oceanfront to the quieter streets closer to the estuary. They can identify value differences between seemingly similar homes based on factors like proximity to the Dawesville Cut, specific beach access points, or elevation. Furthermore, a local specialist will have access to off-market opportunities and can provide early warnings about properties before they are publicly listed, a significant advantage in a low-stock environment. They understand the subtle variations in build quality and the potential impacts of local sea breezes and salt exposure on properties, insights that are invaluable for making a sound long-term investment in this unique coastal peninsula.
Positioned on a peninsula between the Indian Ocean and the Peel-Harvey Estuary, Falcon offers an unparalleled aquatic lifestyle. Enjoy surfing at Avalon Beach one day and calm-water boating, fishing or crabbing the next.
The property market has a proven track record of strong and sustained growth. With a 14.7% increase in the median house price in the last year alone, it represents a solid investment in a high-demand area.
With excellent local amenities, a dedicated primary school, and numerous parks, Falcon is a welcoming suburb for families. The relaxed, holiday-like atmosphere makes it a desirable place to raise children.
Daily needs are covered by the Miami Plaza Shopping Centre, while the attractions and services of the Mandurah Foreshore and city centre are only a short drive away, offering the perfect balance of tranquility and convenience.
Compare
| Metric | This suburbFalcon | NearbyDawesville | NearbyHalls Head |
|---|---|---|---|
| Median house | $675,000 - $900,000 | $725,000 - $1,000,000 | $750,000 - $1.00M |
| Median unit | $525,000 - $700,000 | $775,000 - $1.05M | $600,000 - $825,000 |
| Auction clearance | — | — | — |
| Days on market | ~5-13 days | ~11-27 days | ~8-20 days |
| Year-on-year growth | +10% to +20% | +11% to +21% | +10% to +20% |
| 5-year growth | +76% to +96% | +60% to +80% | +86% to +106% |
| Rental yield | 3.4% to 4.4% | 3.4% to 4.4% | 3.1% to 4.1% |
| Postcode | 6210 | 6211 | 6210 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Falcon is a premier coastal suburb in the City of Mandurah, uniquely situated on a narrow strip of land with the Indian Ocean to the west and the Peel-Harvey Estuary to the east. This geography defines its character, offering residents a lifestyle rich in water-based recreation, from surfing and swimming at Falcon Bay and Avalon Beach to boating, fishing, and crabbing in the calm estuary waters.
The suburb is well-serviced with local amenities. The Miami Plaza Shopping Centre, which includes a Woolworths, is the main retail hub, complemented by smaller local shops and the popular Cobblers Tavern and Miami Bakehouse. For more extensive shopping and dining, the Mandurah city centre and foreshore are just a 15-minute drive away.
Families in Falcon are served by Falcon Primary School, located within the suburb. Nearby schooling options include South Halls Head Primary School and Halls Head College for secondary students. Several parks and reserves are dotted throughout the area, such as Pleasant Grove Reserve, providing green space for recreation.
Transport is primarily car-based via Old Coast Road, which provides a direct link north to Mandurah and south towards Bunbury. Several Transperth bus routes, including the 592, 593, and 594, connect Falcon to the Mandurah Train Station, offering public transport access to the Perth CBD. This combination of natural beauty, essential services, and connectivity makes Falcon a highly desirable location for a relaxed, yet convenient, coastal life.
Frequently asked
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The 5-year trajectory is a modelled curve anchored on the documented cumulative growth rate. Editorial review: 14 May 2026. Updated quarterly.
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