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Investment Property Joondalup, WA, 6027

Suburb Snapshot

Joondalup is a suburb in the Joondalup Region of Western Australia. Joondalup has a population of 9,089 people and 34.85% of its occupants live in rental accommodation. The median listing price for houses is $775,000 and this has changed 19.41% over the past year and changed 38.76% over 2 years.

The median rent in Joondalup for houses is $640 per week and the median rental yield is 4.29%. Stock on the market for houses/townhouses has changed 14.55% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $495,000 and this has changed 30.60% over the past year. The average unit takes 64 days to sell and the median rent for a unit in Joondalup is $540 per week, producing a rental yield of 5.67%.

Supply & Demand in Joondalup, Joondalup

0.67%

Current vacancy rate


28

Rental stock available


9,089

Population


34.85%

Rental population


0.38%

Current vacancy rate


243

Rental stock available


154,445

Population


15.71%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Joondalup, Joondalup

  House Townhouses Units
Median listing price $775,000 $749,500 $495,000
Median price change - last quarter 3.47% 3.31% 9.11%
Median price change - 1 year 19.41% 21.08% 30.60%
Median price change - 2 years 38.76% 40.22% 41.42%
  House Townhouses Units
Median weekly rent $640 $640 $540
Median yield % 4.29% 4.44% 5.67%
Median rent change - 1 year 11.30% 16.36% 13.68%
  House Units
Previous month sales 19 0
Stock on market previous month 63 5
Stock variance vs. last year 14.55% -66.67%
Average days on market 50 64

Joondalup investment property listings

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