Question 1

Is Joondanna a nice place to live?

Accepted Answer

Joondanna is an established, mainly residential pocket with tree-lined streets and a low-rise mix of post-war weatherboard and brick cottages alongside modern townhouses. It has a quiet, domestic feel that appeals to families, downsizers and young professionals who prefer a neighbourhood atmosphere to a commercial centre. Small shops and cafes, several parks and sporting ovals, and regular public transport links make day-to-day errands and commuting straightforward, while larger shopping and dining precincts are close by.

The community of 5,283 has a median age of 37 and is dominated by couple households, with couples without children the largest group and couples with children making up about one in three. Homes are more often owner-occupied than rented (56.1% owner-occupied). Joondanna is part of a City of Stirling road safety program that will introduce traffic-calming treatments, and Joondanna Reserve has recent upgrades plus a planned accessible public toilet, playground, barbecue and sheltered seating.

Question 2

Is it expensive to live in Joondanna?

Accepted Answer

Buying in Joondanna sits well above what local households earned at the last Census. The median house price of $1,115,000 is about 12.8 times a typical local annual household income at the last Census, and the median unit price of $690,000 is about 7.9 times a typical local annual household income at the last Census, so both price measures are well above local incomes on these figures.

Renting is also a significant cost against the local weekly income recorded at the last Census. A house rent of $850 a week would take about 50.5% of a typical local household's weekly income at the last Census, a large share, while a unit rent of $650 a week would take about 38.7%, a sizeable share. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Joondanna a good place to invest?

Accepted Answer

Over the past 12 months Joondanna recorded large gains in property values while rents moved unevenly. House values rose 21.8% and unit values climbed 17.6%, both strong increases in what properties were worth. On the income side, house rents jumped 13.3% which is also a strong rise, while unit rents increased a more modest 3.2%.

For someone weighing Joondanna as an investment, the value numbers point to notable capital growth over the year and the rent figures show that houses delivered stronger rental growth than units. Whether that mix suits you depends on whether you prioritise capital growth or rental income and on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.11M	$690K
Change in value Past 12 months	21.8%	17.6%
Sold Past 3 months	13	13
Median days on market Past 12 months	10	9
Average rent Past 12 months	$850	$650
Change in rent Past 12 months	13.3%	3.2%

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