If you compare the increase in value of investment property in Joondanna, 6060 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -19.62%.
A 11.40% growth in median value for property investors in Joondanna,6060 puts this suburb at number 262th in terms of best performing suburbs in WA
At number 180th of WA’s most discounted properties, Joondanna is in the middle of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $405 weekly from the median priced house in this suburb.
Investment property in Joondanna has done pretty 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 -0.60%
While Joondanna,6060 ranked number 83th in WA for increase in median house value (annualised) increase, it is ranked 11th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Joondanna is offering property investors an average of -8.43. This rate of discount on properties puts Suburb at number 88th in terms of most discounted suburbs in WA
Situated 5.21km from the CBD, Joondanna is one of Stirling localities in the postcode 6060.