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Investment Property Joondalup, WA

Region Snapshot

Joondalup is a region in Western Australia, Australia. Joondalup has a population of 154,445 people and 15.71% of its occupants live in rental accommodation. The median listing price for houses is $899,000 and this has changed 19.86% over the past year and changed 33.18% over 2 years.

The median rent in for houses is $725 per week and the median rental yield is 4.19%. Stock on the market for houses/townhouses has changed 9.86% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $500,000 and this has changed 25.31% over the past year. The average unit takes NA days to sell and the median rent for a unit in Joondalup is $550 per week, producing a rental yield of 5.72%.

Supply & Demand in Joondalup

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

  House Townhouses Units
Median listing price $899,000 $660,000 $500,000
Median price change - last quarter 5.29% 3.28% 5.26%
Median price change - 1 year 19.86% 20.10% 25.31%
Median price change - 2 years 33.18% 32.26% 42.85%
  House Townhouses Units
Median weekly rent $725 $650 $550
Median yield % 4.19% 5.12% 5.72%
Median rent change - 1 year 11.53% 18.18% 14.58%
  House Units
Previous month sales 157 6
Stock on market previous month 713 46
Stock variance vs. last year 9.86% -25.81%
Average days on market NA NA

Joondalup investment property listings

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