Median price · 7 years
Rolling 12-month median, all dwellings
$720,000+14.0% past 12 months
2020202120222023202420252026
Joondalup
Strong outlook Growth score 72 Top 26% of sample
Risk score 24 Low · lower is better
Stability score 80 Consistent over 10 years
What drives the growth score
Nine metrics, each benchmarked against every suburb nationally. Weighted sum equals the score.
Sales momentum18% Strong · 79
Listing scarcity15% Strong · 83
Rental demand14% Strong · 70
Days on market12% Strong · 78
Infrastructure investment11% Strong · 82
Jobs access10% Moderate · 60
Population growth8% Moderate · 53
Income growth7% Moderate · 52
New supply pressure5% · negative Low · 25
Key metrics vs benchmarks
WA column is the sample-state average; national is the whole sample.
| Metric | Joondalup | WA | National |
|---|---|---|---|
| Median price | $720,000 | $683,750 | $734,203 |
| 12-month growth | +14.0% | +14.1% | +8.4% |
| Gross rental yield | 3.5% | 4.1% | 4.0% |
| Vacancy rate | 0.7% | 0.8% | 1.3% |
| Days on market | 12 | 12 | 31 |
| Auction clearance | N/A | — | 62% |
| New supply pipeline | Low | Moderate | Moderate |
Risk score components
Lower is safer. Components are read independently; the score is their weighted blend.
24Low risk
New supply pipelineApproved dwellings vs existing stock Low · 25
Employment concentrationShare of jobs in the top two industries Low · 14
Price volatility, 5 yearsLargest peak-to-trough drawdown Low · 11
Vacancy pressureCurrent vacancy vs 2% threshold Low · 13
Hazard exposureFlood, bushfire and storm surge overlays Low · 17
Who lives here
ABS Census, latest release, aggregated to suburb
35,000population 36median age 60%owner-occupied 40%renting
Owner-occupiedRenting
Joondalup is a major satellite city 26km north of Perth CBD, anchored by Joondalup Health Campus and Edith Cowan University. METRONET rail upgrades and city centre renewal are driving strong demand.
On the ground
Committed projects and catalysts feeding the infrastructure and jobs metrics
- Joondalup Health Campus expansion
- Edith Cowan University Joondalup
- METRONET rail upgrade
- Joondalup City Centre renewal
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