Joondalup is in the bottom 40% 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 -6.16%.
Joondalup,6027 has offered an average of -6.16% return per annum in house price rises to property investors over the last three years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Joondalup itself are offering an average vendor discount of -5.55% to real estate investors.
Advertised rents are around the $400 mark per week – giving a return of 4.08% based on the median price in Suburb
Property investors who have had real estate in Joondalup, 6027 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.18%
Over the longer term, Joondalup has seen property prices show investors a -8.54% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -6.78% to buyers in Joondalup at the moment, which is less than average for the rest of WA.
Joondalup, 6027’s gross rental yield is 4.99%