Suburb Profile Report for Joondanna WA (6060)

Joondanna House: Median price $637,500, Annual capital growth 1.56%, Number of sales 59, Weekly median advertised rent $380

Joondanna Unit: Median price $355,000, Annual capital growth 0.75%, Number of sales 39, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

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 0.39%.

While Joondanna,6060 ranked number 196th in WA for increase in median house value (annualised) increase, it is ranked 220th over the last 5 years.

Joondanna6060 is located in WA which offers an average discount of -8.11% to property investors. Joondanna itself is showing figures that indicate -6.22% is the average achievable by property buyers investing in the suburb.

Joondanna is 337th on a list of best yielding suburbs for rents in WA with a 3.10% return

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 -18.39%.

If we look at median property appreciation over just the last three months, Joondanna has given property investors a paper return of -1.66%. This puts Suburb as 59 on a list of fastest fasting appreciating suburbs in WA

Sellers are offering property buyers an average discount of -9.54% to buyers in Joondanna at the moment, which is less than average for the rest of WA.

In the last year 39 properties changed hands in Joondanna, which puts it as the 47th most active market in WA when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$637,500 $355,000
-0.39% -1.66%
0.39% -18.39%
1.56% 0.75%
$380 $270
59 39
3.10% 3.95%
82.58 83.91

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (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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