Joondanna, 6060 ranked 224th in WA when comparing growth in median property values or capital gain over the last 12 months. Joondanna is one of 1662 in our list for WA
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.
Property investors looking for a bargain in Joondanna should be aiming for at least -6.91% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Joondanna being $637500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.26%
At number 1682th in the list of Australian suburbs ordered by increase in median house value over the last year, Joondanna, 6060 is in the BOTTOM 10% with a property value increase of -20.50% recorded in median house prices.
Joondanna,6060 has offered an average of -20.50% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Joondanna, 6060. Typically our figures indicate that -8.19% is being offered, which puts this WA suburb at 160th most discounted overall in Australia.
Advertised rents are around the $292.5 mark per week – giving a return of 4.13% based on the median price in Suburb