Falcon is a southern suburb of Mandurah, located southwest of Mandurah's central area on the Indian Ocean. The suburb was named after Falcon Bay. Falcon and was approved as a suburb name on 13 November 1967 and gazetted on 8 March 1968. Many of the streets in the adjoining estate were named after yachts and "Falcon" was the name of a yacht, the crew of which won a silver medal by coming second in the Olympic yacht races in Melbourne in 1956.