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Falcon is a southern suburb of Mandurah, located southwest of Mandurah's central area and with frontage to the Indian Ocean. The suburb was named after Falcon Bay. Falcon 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;"Falcon" itself was the name of a yacht, the crew of which won a silver medal in the yacht races at the 1956 Melbourne Olympics.