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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 40.27% over 2 years.

The median rent in Joondalup for houses is $630 per week and the median rental yield is 4.22%. Stock on the market for houses/townhouses has changed 18.33% compared to last year and the average time to sell a house/townhouse is 47 days.The median listing price for units is $485,000 and this has changed 29.33% 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 5.78%.

Supply & Demand in Joondalup, Joondalup

0.79%

Current vacancy rate


33

Rental stock available


9,089

Population


34.85%

Rental population


0.39%

Current vacancy rate


252

Rental stock available


154,445

Population


15.71%

Rental population


0.61%

Current vacancy rate


7,509

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 $749,000 $485,000
Median price change - last quarter 3.47% 3.31% 9.11%
Median price change - 1 year 19.41% 22.88% 29.33%
Median price change - 2 years 40.27% 48.46% 38.96%
  House Townhouses Units
Median weekly rent $630 $640 $540
Median yield % 4.22% 4.44% 5.78%
Median rent change - 1 year 12.50% 16.36% 14.89%
  House Units
Previous month sales 21 0
Stock on market previous month 71 8
Stock variance vs. last year 18.33% -20.00%
Average days on market 47 64

Joondalup investment property listings

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