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Suburb Insights · WA 6027

Joondalup, WA 6027 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Joondalup is a well-established middle-ring suburb of Perth, Australia, with a population of approximately 9,193, making it a smaller community. Located approximately 25 km from the Perth CBD, Joondalup is a middle ring area in Western Australia. The median household income is $87,776 per year.

Investment Score

67 / 100 Good

Joondalup has a solid income profile that supports reliable occupancy rates.

Location

Perth
Joondalup
Western Australia · 6027
25 km from Perth CBD
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Key Indicators

Postcode
6027

Official Australia Post postcode for Joondalup. A postcode may cover multiple suburbs.

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Population
9,193

Usual resident population at the most recent census.

Median weekly rent
$360/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$87,776/yr

Annual median household income (before tax) across all households.

Distance to CBD
25 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb.

Median monthly mortgage
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
51% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Joondalup

Who Joondalup Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Western Australia median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Western Australia median, improving cash-flow margins.
  • Local parks and reserves (around 4) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Traffic can build during peak hours, especially on arterial roads.
  • Prices may rise further as demand continues.

Investment Insight

Joondalup's population of 9,193 sits 64% above the Western Australia suburb median of 5,605, giving it a wider tenant and buyer catchment than the average WA locality. Household income of $87,776/year is 12% below the Western Australia median of $99,736, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median weekly rent of $360 equates to $1,560/month — about 90% of the median mortgage repayment of $1,733/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 25 km from Perth places Joondalup in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs. Only 51% of dwellings are separate houses (vs 79% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Investment Tip

Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 21% of household income — a useful sanity check on tenant affordability.

Joondalup vs Western Australia Median

How Joondalup stacks up against the median of all Western Australia suburbs in our dataset. Positive values mean Joondalup sits above the state median; negative means below.

MetricJoondalupWA medianΔ vs state
Population9,1935,605+64%
Median household income$87,776/yr$99,736/yr-12%
Median rent (weekly)$360$350+3%
Median mortgage (monthly)$1,733$1,902-9%
Distance to CBD25 km20 km+25%
Separate houses51%79%-28pp

Investor Checklist

Pre-inspection briefing for Joondalup — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Joondalup's 9,193-person market and $87,776 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

Rental Yield

Strong rental coverage: $360/week (~$1,560/month) covers 90% of the $1,733/month median mortgage repayment, so the shortfall sits at just $173/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

Only 51% of dwellings are separate houses (vs 79% WA median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Joondalup property

Full Property Analysis

30-year projections for Joondalup

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital-growth expectations for Joondalup are modest for 2026 — incomes 12% below the WA median of $99,736 suggest gains will lag headline metro markets. Rental coverage runs at ~90% of the typical mortgage ($1,560/month rent vs $1,733/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 67/100 places Joondalup in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Joondalup a good suburb for investment?

Joondalup scores 67/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 9,193, median household income of $87,776/year and median weekly rent of $360. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Joondalup?

The main demand drivers in Joondalup are proximity to Perth (25 km), a median household income of $87,776/year, a dwelling mix that is 51% separate houses, roughly 2 schools and 4 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Joondalup?

Joondalup has a usual resident population of approximately 9,193, compared with a Western Australia suburb median of 5,605 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Joondalup from the Perth CBD?

Joondalup sits 25 km straight-line from the Perth CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Joondalup?

The most recent census recorded a median weekly rent of $360 in Joondalup, equating to approximately $18,720/year in gross rental income (state median $350/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Joondalup?

The median monthly mortgage repayment in Joondalup is $1,733, or approximately $20,796/year (vs $1,902/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Joondalup cash-flow positive for investors?

A median weekly rent of $360 works out to $1,560/month, covering 90% of the median mortgage repayment of $1,733/month. That leaves a $173/month shortfall (around $2,076/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Joondalup?

The main risks are interest-rate sensitivity on the $1,733 median mortgage, the broader Western Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Joondalup profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Western Australia Property Resources