Suburb Profile Report for Falcon WA (6210)

Falcon House: Median price $380,000, Annual capital growth -0.52%, Number of sales 163, Weekly median advertised rent $330

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Falcon, 6210 ranked 134th in WA when comparing growth in median property values or capital gain over the last 12 months. Falcon is one of 1662 in our list for WA

Falcon,6210 has offered an average of -2.56% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Falcon is giving property investors an average Vendor Discount of around -6.86%. This puts suburb at number 269th in WA when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Falcon the average time real estate has been on the market is 95.58 days.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of -0.52%, investors should hope to achieve an overall return of 4.52%

HOUSE UNIT
$380,000 N/A
-0.78% N/A
-2.56% N/A
-0.52% N/A
$330 N/A
163 N/A
4.52% N/A
95.58 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Falcon WA
Demographics
Total population 4665
Median household income ($/weekly) 937
Median age of persons 45
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 566 12.1
    35-44 years 542 11.6
    45-54 years 609 13.1
    55-64 years 756 16.2
    65-74 years 575 12.3
    Others 1618 34.7
    Age Group
    Census Count Percent(%)
    Registered Married 1702 51.2
    Not Married 1243 37.4
    Defacto Relationship 379 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3488 79.1
    Papua New Guinea 151 3.4
    South Africa 48 1.1
    United Kingdom 508 11.5
    Other 52 1.2
    Others 165 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 52 1.2
    Christianity 2833 67.3
    Islam 6 0.1
    Other Religious Groups 24 0.6
    No Religion 1294 30.7
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 253 15.8
    $600-$799 197 12.3
    $800-$999 185 11.5
    $1,500-$1,999 180 11.2
    $2,500-$2,999 125 7.8
    Others 662 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1642 45.2
    Employed, worked full-time 1066 29.4
    Employed, worked part-time 624 17.2
    Unemployed, looking for work 154 4.2
    Employed, away from work 143 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 247 13.5
    Technicians & trades workers 403 22.0
    Community & personal service workers 195 10.6
    Clerical & administrative workers 219 12.0
    Sales 208 11.4
    Others 560 30.6
    Occupation
    Census Count Percent(%)
    Pre-school 65 7.5
    Infants/Primary 386 44.4
    Secondary 227 26.1
    Technical or Further Educational Institution 93 10.7
    University or other Tertiary Institutions 81 9.3
    Others 17 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4085 96.6
    Semi-detached, row or terrace house, townhouse 113 2.7
    Caravan, cabin, houseboat 26 0.6
    Flat, unit or apartment 4 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 686 38.5
    Rented 594 33.3
    Being purchased 490 27.5
    Other tenure type 13 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals