JOONDALUP 6027
State: WAPosiProp AI Investment Summary
JOONDALUP (WA 6027) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 9.3%, with a median house buy price of $945,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$667,000
$865,000
$997,500
$945,000
Suburb Market Profile
Last month Joondalup had 45 properties available for rent and 32 properties for sale. Median property prices over the last year range from $945,000 for houses to $595,000 for units. If you are looking for an investment property, consider houses in Joondalup rent out for $700 PW with an annual rental yield of 3.7% and units rent for $630 PW with a rental yield of 5.1%. Joondalup has seen an annual compound growth rate of 9.3% for houses and 19.0% for units.