Over the last year, property investments in Joondalup, 6027 have given investors a capital gain of -6.16%. This compares averagely with the -4.98% for WA as a whole.
Joondalup,6027 has offered an average of -6.16% return per annum in house price rises to property investors over the last three years.
The most recent median price for Joondalup is $510000, with sellers offering an average of -5.55% off the asking price.
In the last year 95 properties changed hands in Joondalup, which puts it as the 117th most active market in WA when comparing the number of sales per suburb.
With the median price for a house in Joondalup being $510000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.08%
Joondalup is in the bottom 30% in WA when comparing median price capital growth over the last year. Joondalup gave property investors a disappointing capital gain figure when compared to the rest of the state, with -9.76%.
A -7.50% growth in median value for property investors in Joondalup,6027 puts this suburb at number 68th in terms of best performing suburbs in WA
Joondalup, 6027 is offering WA ‘s 74th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this WA.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 5.06%, without taking into account capital value appreciation, which has been averaging out at 0.15%.