The City of Joondalup is located just 25 kilometres north of the Perth CBD in one of Australia’s fastest growing regions.
Through careful long-term planning and infrastructure delivery the Joondalup City Centre has grown to accommodate Perth’s largest shopping centre, major university and health campuses, solid office and industrial property fed employment bases and the largest apartment market in the northern suburbs. This diversity of property uses has given Joondalup a competitive advantage over competing centres.
Joondalup is transforming into a vibrant, knowledge-based destination city and strategic employment centre. By 2050 the City Centre will support up to 45,000 jobs and will build on its existing reputation as a centre of excellence in a range of growth sectors – from digital media, cyber security, engineering and technology – to specialist health, professional and scientific services and international education.
Over the last decade, the City Centre has expanded by an average of 28,800m² of commercial floor space per annum, reaching a total floor area of over 800,000m² in 2017, with a 3.6% vacancy rate. Over the same period, commercial building approvals have averaged $162 million per annum. Recent major expansions of the Joondalup Health Campus, Edith Cowan University, Lakeside Joondalup Shopping City, The Quadrangle and HBF Arena have all contributed to this growth.
With many large projects either under construction, approved or in advanced planning stages, the City of Joondalup is well placed to continue attracting a significant proportion of Perth’s commercial property and business investment.