Thinking about buying in Joondalup? Now could not be a better time, with 3978 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $803,000 with prices in this suburb ranging from $64,000 to $2,072,000. Joondalup is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Joondalup Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Joondalup ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Joondalup leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 'Lower than average population density constrains growth in Joondalup to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Joondalup

	5 PATHFINDER RD, PADBURY, WA, 6025	5	2	2	UNDER OFFER
	108 FORREST RD, PADBURY, WA, 6025	3	1	1	$900,000
	179 GIBSON AV, PADBURY, WA, 6025	3	2	2	UNDER OFFER
	11A STANLEY PL, PADBURY, WA, 6025	4	2	2	UNDER OFFER
	4A BRAHE PL, PADBURY, WA, 6025	4	2	4	UNDER OFFER
	23A BAXTER WAY, PADBURY, WA, 6025				UNDER OFFER

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General Points of Interest

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