Joondalup
This Month's Update
Strong results again this month, but for the first time we are seeing signs of slower home opens and easing rental prices, making it an interesting time to watch the results closely.
Joondalup
Property Stats
New Properties Launched
Avg. Median Price
Number of Rentals
Highest Price
Lowest Price
Average Days on Market
Joondalup
Property Snapshot
Here is a snapshot of the most recent properties that are on the market in Joondalup
In order from newest to oldest and with all the key stats for you to look over, some offer prices may not be released until finance is approved but we will keep an eye and update as soon as they get published.
Perth
Properties For Sale
Apr 2024
Apr 2025
Perth
Properties Sold
Apr 2024
Apr 2025
Perth
Market Growth
Perth
Real Estate News
While the median house price for the greater Perth region continued to increase, conditions still varied across the metropolitan area.
While the majority of Perth suburbs continue to record increases in their median house sale price, some have shown stability over the past few months and a few are starting to record slight declines. These changes may be more reflective of sales in slightly lower price brackets. This is why we encourage sellers to speak to their local REIWA agent about current market conditions so that they have realistic expectations for their property.
We are occasionally hearing reports from members about properties being sold for less than the asking price but this depends on a number of factors such as location, presentation, realistic initial pricing and local levels of competition and buyer interest.
Source: REIWA
Australia
Real Estate News
Cotality’s national Home Value Index recorded a third straight month of growth in April, with dwelling values up 0.3% to a new record high. The rise in values has added approximately $2,720 to the median value of an Australian dwelling over the month.
A lift in home values was recorded across every capital city, ranging from a 1.1% gain in Darwin, to a 0.2% rise in Sydney and Melbourne. While in positive territory, the pace of growth in national values eased a little from March (+0.4%), with sentiment and auction clearance rates slumping throughout the month.
“The rate cut in February supported an upwards inflection in housing market conditions, but the positive influence from lower rates seems to be losing some potency. At the same time, household confidence slipped in April, with the US’s ‘Liberation Day’ tariff announcements and the upcoming federal election causing uncertainty. It is likely this may be causing some buyers and sellers to delay their decisions,” said Tim Lawless, Cotality’s research director.
Mr Lawless said these uncertainties are more apparent in sales and listings volumes compared to home values – a trend compounded by the ‘super break’ many Australians took between Easter and ANZAC public holidays.
Similarly, new listing numbers also fell to their lowest levels for this time of year since 2019*, with just 19,650 for sales listing seen across the combined capitals over the four weeks to April 27th.
Although housing values are recording a broad-based rise, not every market is back to new record highs. In fact, across the capital cities, it is only the mid-sized capitals where home values are at their highest level on record. Sydney values remain -1.1% below their September 2024 high. Melbourne values are down -5.4% from the record peak in 2022. Hobart is down -11.1%, while in Darwin and ACT values remain -2.7% and -6.4% below their all-time highs.
The annual pace of gains slowed to 3.2% nationally in April, the slowest annual rise since the 12 months ending August 2023. The loss in momentum is reflective of the persistent slowdown in value growth seen between mid-2024 and early 2025, which culminated in falls over the three months ending January 2025. The monthly pace of gains turned positive in February, coinciding with the 25-basis point cut to the cash rate.
Source: Core Logic
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