Joondalup is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6027). With a population of 9,193, the suburb has an established demographic with a median age of 39. Households earn a median income of $88K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Joondalup is $755,000, having surged 21.6% over the past year. Units have a median price of $420,000 (+12.8% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,733.
Joondalup is served by 4 schools, including 1 primary, 1 combined, 2 special. The average ICSEA score is 1027, which is around the national average of 1,000. Public transport access includes 74 bus stops. Healthcare facilities include 1 public and 3 private hospitals.
From an investment perspective, Joondalup offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($755K/$951K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +21.6% year-on-year.
Joondalup is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6027). With a population of 9,193, the suburb has an established demographic with a median age of 39. Households earn a median income of $88K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Joondalup is $755,000, having surged 21.6% over the past year. Units have a median price of $420,000 (+12.8% YoY). The current median weekly rent is $530. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,733.
Joondalup is served by 4 schools, including 1 primary, 1 combined, 2 special. The average ICSEA score is 1027, which is around the national average of 1,000. Public transport access includes 74 bus stops. Healthcare facilities include 1 public and 3 private hospitals.
From an investment perspective, Joondalup offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($755K/$951K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +21.6% year-on-year.