WA has seen average median house prices change by -3.83% which means that Joondanna, 6060 has not done well for property investors by showing a capital gain of -18.18% over the last year
Joondanna,6060 was ranked 3152 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Joondanna is offering property investors an average of -8.22. This rate of discount on properties puts Suburb at number 166th in terms of most discounted suburbs in WA
With the median price for a house in Joondanna being $630000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.38%
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 -2.90%
Taking the average capital gain, or increase in median house value, Joondanna,6060 has racked up an average of -2.90% over the period. This ranks it number 1335th in the whole country for real estate investors looking at median house price increases.
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 -5.18% is being offered, which puts this WA suburb at 700th most discounted overall in Australia.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.