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Ground Floor Beauty - Investor Alert!
DASH Real Estate is delighted to present this prime investment opportunity ? a modern, ground-floor 2-bedroom, 2-bathroom apartment with a north-facing courtyard, directly opposite ECU Joondalup.
Currently tenanted at $540 per week until January 2026, this well-appointed apartment delivers an attractive gross rental yield of approximately 6.1%, making it the ideal turnkey investment in a high-demand precinct.
Key Features:
Spacious Master Suite with walk-in robe and private ensuite
Generously sized second bedroom with built-in robe
Second bathroom combined with laundry, including dryer
Light-filled open plan living with split system air conditioning and access to a private, sun-drenched courtyard
Stylish kitchen featuring electric cooktop & oven
Secure undercover car bay plus a private lock-up storeroom
Lifestyle & Location Benefits:
Set in a secure, well-maintained complex with access to:
Resort-style pool
BBQ area
Optional gym membership facilities
Prime position: Opposite ECU and within walking distance to Joondalup City Centre, Lakeside Shopping Centre, restaurants, train station, and more
Free CAT bus stop nearby for easy commuting
Investment Snapshot:
Leased until 11/01/2026 at $540/week
Strata levies: $1,037.50 per quarter (approx.)
The Shire Rates are $1,222.85 p.a. (Approx)
The Water Service charges are $1,111.25 p.a (approx)
Strong rental demand from students, professionals, and university staff
Whether you're expanding your portfolio or entering the market, this property ticks all the boxes for location, convenience, and rental return.
Contact Dion Brown on 0404 045 603 to arrange your private inspection today.
Disclaimer: This information has been prepared to assist interested parties and is based on information provided by the seller. No warranty is given and all interested buyers are advised to conduct their own investigations.
Property features
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Air conditioned
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Garages
1
-
Toilets
2
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Floor area
86m2
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Lounge
Property snapshot by reiwa.com
This property at 4/2 Walsh Loop, Joondalup is a two bedroom, two bathroom apartment sold by Dion Brown at DASH REAL ESTATE on 16 Jun 2025.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Joondalup or see other recently sold properties in Joondalup.
Nearby schools
Joondalup overview
Joondalup is the thriving urban centre of Perth's outer northern suburbs. The city is named after Lake Joondalup and the name Joondalup is a Noongar word, first recorded in 1837 and possibly meaning either "place of whiteness or glistening", or "place of a creature that can only move backwards".
Joondalup's development is relatively recent having only begun in the 1980s, where rapid growth occurred until 2006 and then steadied between 2006 and 2011 as fewer new homes and dwellings were built. Joondalup's 11 square kilometre land area is primarily used for housing and institutional purposes, with some industry sectors in the west and a commercial area in the suburbs centre.
Life in Joondalup
Joondalup's City Centre is relaxed and casual with an alluring combination of cultural, civic and commercial areas built on the edge of Lake Joondalup. Residents and visitors to the area have an array of restaurants and cafes to choose from, as well as a major shopping centre with over 240 stores and a cinema. There is a university in the area, as well as a private hospital and numerous recreational facilities like an aquatic centre, basketball stadium and an arena. Local schools in the suburb include Joondalup Primary School and Lake Joondalup Baptist College.
Joondalup quick stats
High end
$1.2m
Median
$992k
Low end
$873k
16.3 %
Annual growth
$992k
Annual median sales price
$750pw
Annual median rental price
