
Jolimont
About Jolimont
Jolimont, a suburb approximately 4 km west of Perth’s central business district, is recognized for its residential appeal and proximity to urban amenities.
Property Market Overview:
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Median Property Prices: As of February 2025, the median house price in Jolimont is $1,900,000, with annual growth of 11.8%. Over the past year, unit prices have experienced a 16.0% increase, bringing the median to $580,000.
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Rental Market: The median weekly rent for houses is $965, yielding an annual return of approximately 2.79%. Units command a median rent of $600 per week, offering a rental yield of about 5.38%.
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Market Activity: Over the past 12 months, Jolimont has seen 10 house sales and 43 unit sales. Houses typically spend an average of 11 days on the market, while units average 9 days, indicating a responsive market.
Demographics and Lifestyle:
With a population of approximately 1,402, Jolimont offers a suburban environment with convenient access to Perth’s amenities. Residents benefit from proximity to local shops, schools such as Jolimont Primary School, and public transport options including nearby train stations in Leederville, Daglish, and Subiaco.
Investment Insights:
Jolimont’s consistent property value growth, coupled with relatively low average days on market, suggests a stable investment environment. The higher rental yield for units may present attractive opportunities for investors seeking rental income. However, prospective investors should conduct thorough due diligence, considering factors such as market trends, property condition, and alignment with investment goals.
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