Giving property investors a a poor capital gain of -6.16% for the last year, Joondalup, 6027 is the 3667th highest performer in Australia in this respect.
A 5.70% growth in median value for property investors in Joondalup,6027 puts this suburb at number 130th in terms of best performing suburbs in WA
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.22% offered to property buyers. Sellers in Joondalup itself are offering an average vendor discount of -5.41% to real estate investors.
On average over the past year, suburb has had 7.92 sales per month, which equates to 95 per year.
Joondalup is 227th on a list of best yielding suburbs for rents in WA with a 3.98% return
Investment property in Joondalup has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.27%
Joondalup,6027 has offered an average of -7.27% return per annum in house price rises to property investors over the last three years.
At number 52th of WA’s most discounted properties, Joondalup is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 52 properties changed hands in Joondalup, which puts it as the 27th most active market in WA when comparing the number of sales per suburb.
Advertised rents are around the $350 mark per week – giving a return of 4.92% based on the median price in Suburb