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Joondalup

Suburb Profile

Joondalup - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6027

house
unit

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $480,000.

Profits due to an downward trend in home prices there averaged -1.65% per annum over a 3-year period.

Home owners selling their properties and realtors in JOONDALUP usually have to wait an average of 62.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $395 mark, reflecting a 4.28% increase in returns based on the current median price in JOONDALUP.

JOONDALUP, 6027 places 357th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $480,000 $307,750
GROWTH REPORT
Median Quarterly -2.04% 2.17%
Median 12 month -1.03% 4.32%
Median 3 years -4.95% -12.07%
Median 5 years -10.36% -26.29%
10 years average annual -0.42% -2.77%
Weekly media advert. rent $395 $340
Time on Market 62.6 days 103.2 days
Gross Rental Yield Percent 4.28% 5.74%
demographics (median values)
Total Population
8419
Weekly Household Income
1147
Household Size
2.60
demographics
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