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Connolly

POSTAL CODE: WA, 6027
HOUSE

Property investors enjoyed capital gains of 26.48% over the last 12 months in CONNOLLY, translating to lower returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 6.29% growth over a ten-year period. It ranks 2488th on our list of suburbs that property investors should look into.

CONNOLLY, 6027 has a capital gain of 26.48% for the past year, which is higher than average compared to its 74.88% growth within a five-year period.

With the median home price in CONNOLLY sitting at $1,225,000, and the average rent at $795, property owners could potentially earn a 3.37% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in CONNOLLY are low, as opposed to average gains per annum over the past five years.

CONNOLLY, 6027 in WA belongs to the local government area of Joondalup.

Surburb overview

Connolly, situated approximately 26 kilometres north-northwest of Perth's central business district, is a suburb of Joondalup. Established in the 1980s as a golf course estate, it encompasses an area of about 2.9 square kilometres. The suburb borders Shenton Avenue to the north, the Mitchell Freeway to the east, Hodges Drive to the south, and Marmion Avenue to the west. 

As of the 2016 census, Connolly had a population of 3,639 residents. The community predominantly comprises families, professionals, and retirees, contributing to a diverse and balanced demographic profile. 

Public transportation in Connolly includes bus services that connect to the Joondalup Line via the Joondalup and Whitfords railway stations, facilitating access to Perth and surrounding areas. The suburb's Major bus routes include 460, 461, 462, and 470. 

The suburb offers essential amenities, including the Connolly Shopping Centre, which provides a range of retail options and dining establishments. Residents can access the nearby Lakeside Joondalup Shopping City for more extensive shopping needs. Educational facilities within Connolly include Connolly Primary School, catering to students from kindergarten to year six. Secondary education options are available in neighbouring suburbs, with government school students attending either Ocean Reef Senior High School or Belridge Secondary College, depending on their location within Connolly. 

Recreational activities are a highlight of Connolly, notably the Joondalup Resort and Golf Course, which offers golfing facilities and dining options. The suburb also features several parks and green spaces, providing residents with outdoor activities and community events opportunities. 

Connolly's combination of residential appeal, accessibility, and recreational amenities contributes to its reputation as a desirable suburb within the Perth metropolitan area. 

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