FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Joondalup, Western Australia 7.2 out of 10 (Hidden Gem) as of May 2026.
Joondalup presents a compelling investment case as a self-sufficient regional centre, with its university and health precinct driving consistent tenant demand and an exceptionally low 0.8% vacancy rate, supporting robust weekly rents of $672. This strong localised demand, amplified by low supply, has delivered solid capital appreciation of 7.5% over the past 12 months, alongside a 4% gross yield.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Joondalup, Western Australia 7.2 out of 10 (Hidden Gem) as of May 2026. Joondalup presents a compelling investment case as a self-sufficient regional centre, with its university and health precinct driving consistent tenant demand and an exceptionally low 0.8% vacancy rate, supporting robust weekly rents of $672. This strong localised demand, amplified by low supply, has delivered solid capital appreciation of 7.5% over the past 12 months, alongside a 4% gross yield.
The median house price in Joondalup, WA is $874K. Weekly rent of $672 against a 4.0% gross yield underpins this figure.
Joondalup has a gross rental yield of 4.0%, with a median weekly rent of $672. 12-month price growth is tracking at +7.5%.
Based on its market signals, Joondalup aligns with: Yield Play.