The City of Joondalup has a thriving local economy which includes the suburbs of Beldon, Burns Beach, Connolly, Craigie, Currambine, Duncraig, Edgewater, Greenwood, Heathridge, Hillarys, Iluka, Joondalup, Kallaroo, Kingsley, Kinross, Marmion, Mullaloo, Ocean Reef, Padbury, Sorrento, Warwick and Woodvale.

Median property prices over the last year range from $530,000 for houses to $350,000 for units. If you are looking for an investment property, consider houses in Joondalup rent out for $425 PW with an annual rental yield of 4.2% and units rent for $360 PW with a rental yield of 5.3%. Based on five years of sales, Joondalup has seen a compound growth rate of -0.7% for houses and -1.6% for units.