Is JOONDANNA a good suburb for positive geared property investment in Australia?

JOONDANNA in WA currently features property rental yields up to 3.9% with a 12-month capital growth value of Up 22.1%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in JOONDANNA 6060?

The median house price in JOONDANNA 6060 is approximately $1,300,000 based on the latest tracked market indices.

Investment Spotlight • Australia

JOONDANNA 6060

State: WA

Updated: 5 August 2026

PosiProp AI Investment Summary

JOONDANNA (WA 6060) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 22.1%, with a median house buy price of $1,300,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,700,000

Up 50.4% 3.4% Yield

3 house • buy

$1,229,000

Up 29.1% 3.9% Yield

4 house • buy

$1,420,000

Down -0.7% 3.9% Yield

all house • buy

$1,300,000

Up 22.1% 3.9% Yield

Suburb Market Profile

Last month Joondanna had 12 properties available for rent and 25 properties for sale. Median property prices over the last year range from $1,300,000 for houses to $759,444 for units. If you are looking for an investment property, consider houses in Joondanna rent out for $900 PW with an annual rental yield of 3.9% and units rent for $650 PW with a rental yield of 5.0%. Joondanna has seen an annual compound growth rate of 22.1% for houses and 28.7% for units.

Loading local listings...