Suburb Profile Report for Joondanna WA (6060)

Joondanna House: Median price $635,000, Annual capital growth 3.33%, Number of sales 65, Weekly median advertised rent $425

Joondanna Unit: Median price $430,000, Annual capital growth 3.88%, Number of sales 40, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Joondanna has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -19.62% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Joondanna has increased when compared to the 5 year average annual rate.

The most recent median price for Joondanna is $635000, with sellers offering an average of -7.84% off the asking price.

In the last year 65 properties changed hands in Joondanna, which puts it as the 183th most active market in WA when comparing the number of sales per suburb.

Joondanna is in the TOP 30% in WA when comparing median price capital growth over the last year. Joondanna gave property investors a good capital gain figure when compared to the rest of the state, with 4.88%.

Joondanna,6060 was ranked 1587 in Australia by increase in median property value over the quarter.

Vendor discounting in Joondanna is giving property investors an average Vendor Discount of around -5.64%. This puts suburb at number 88th in WA when ranking the most discounted suburbs.

Advertised rents are around the $300 mark per week – giving a return of 3.63% based on the median price in Suburb

Metrics i HOUSE UNIT
$635,000 $430,000
-2.31% -7.23%
-19.62% 4.88%
3.33% 3.88%
$425 $300
65 40
3.48% 3.63%
86.02 54.38

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
Find a mortgage broker in Joondanna WA
Demographics
Total population 4568
Median household income ($/weekly) 1262
Median age of persons 36
Median housing loan repayment ($/monthly) 1950
Average household size 2
  • Census Count Percent(%)
    20-24 years 368 8.1
    25-34 years 1122 24.6
    35-44 years 749 16.4
    45-54 years 529 11.6
    55-64 years 409 9.0
    Others 1389 30.4
    Age Group
    Census Count Percent(%)
    Not Married 1761 51.0
    Registered Married 1199 34.7
    Defacto Relationship 494 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2489 60.1
    Indonesia 135 3.3
    Japan 124 3.0
    United Kingdom 325 7.9
    Other 331 8.0
    Others 735 17.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 161 4.0
    Christianity 2490 62.0
    Hinduism 94 2.3
    Islam 108 2.7
    No Religion 1100 27.4
    Others 61 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 197 10.3
    $1,000-$1,249 203 10.6
    $1,250-$1,499 157 8.2
    $1,500-$1,999 235 12.3
    $2,500-$2,999 195 10.2
    Others 926 48.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1704 46.6
    Not in the labour force 1050 28.7
    Employed, worked part-time 651 17.8
    Employed, away from work 147 4.0
    Unemployed, looking for work 107 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 271 10.8
    Professionals 725 29.0
    Technicians & trades workers 327 13.1
    Community & personal service workers 238 9.5
    Clerical & administrative workers 404 16.2
    Others 535 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 38 4.9
    Infants/Primary 174 22.6
    Secondary 113 14.7
    Technical or Further Educational Institution 112 14.5
    University or other Tertiary Institutions 301 39.1
    Others 32 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1741 43.3
    Semi-detached, row or terrace house, townhouse 1653 41.1
    Flat, unit or apartment 630 15.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 891 44.2
    Being purchased 635 31.5
    Fully owned 470 23.3
    Other tenure type 20 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals