Suburb Profile Report for Joondanna WA (6060)

Joondanna House: Median price $615,000, Annual capital growth 1.18%, Number of sales 61, Weekly median advertised rent $455

Joondanna Unit: Median price $300,000, Annual capital growth -1.52%, Number of sales 37, Weekly median advertised rent $340

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -3.91% for the last year, Joondanna, 6060 is the 3138th highest performer in Australia in this respect.

Over the longer term, Joondanna has seen property prices show investors a -0.81% return over the last 3 years. This is worse than over the last 12 months

Joondanna6060 is located in WA which offers an average discount of -7.91% to property investors. Joondanna itself is showing figures that indicate -6.32% is the average achievable by property buyers investing in the suburb.

Giving property investors a a poor capital gain of -11.50% for the last year, Joondanna, 6060 is the 1368th highest performer in Australia in this respect.

Over the longer term, Joondanna has seen property prices show investors a -28.57% return over the last 3 years. This is an improvement over the last 12 months

Property investors looking for a bargain in Joondanna should be aiming for at least -9.24% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of -1.52%, investors should hope to achieve an overall return of 5.89%

Metrics i HOUSE UNIT
$615,000 $300,000
0.00% -3.54%
-3.91% -11.50%
1.18% -1.52%
$455 $340
61 37
3.85% 5.89%
62.0222222222222 71.78125

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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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
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