Joondalup is displaying strong investment fundamentals as of May 2026. With a vacancy rate of just 0.4%, rental properties in Joondalup are being absorbed rapidly by tenants — a clear signal of demand significantly exceeding supply. Days on market currently sit at 20 days, indicating buyers are competing actively for available stock.
Property values have grown 14.9% over the past 12 months, reflecting genuine market momentum and strong buyer competition. Rental yields of 5.8% provide solid income returns above the national average of approximately 4.5%. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.
PropTime's composite model weighs these and 12 additional indicators to produce the 87/100 score — placing Joondalup among the top-performing suburbs nationally.
Joondalup presents a balanced profile with reasonable indicators across both growth and income metrics.
Based on PropTime's analysis of 15 demand and supply indicators, Joondalup scores 87/100 — a Strong Buy signal. Key indicators include a 0.4% vacancy rate, 5.8% rental yield, and 14.9% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Joondalup data.
The current vacancy rate in Joondalup is 0.4%. This is below 1%, indicating very tight rental demand. Properties are being leased quickly and tenants are competing for available rentals.
The gross rental yield in Joondalup is 5.8%. The Australian national average is approximately 4.5%, so Joondalup is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Joondalup.
PropTime's composite model scores Joondalup at 87/100 as of May 2026. Strong price growth of 14.9% over the past 12 months suggests positive momentum. Create a free PropTime account to access the full 15-factor analysis for Joondalup.
Joondalup scores 87/100 on PropTime. Similar suburbs by score include Busselton, Bicton, Geraldton, all within the same WA market.