Property value increases in Innaloo have tracked just higher than the WA average of -3.96% over the last 12 months.
Innaloo,6018 has offered an average of -1.16% return per annum in house price rises to property investors over the last three years.
Innaloo, 6018 is offering WA ‘s 384th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.
On average over the past year, suburb has had 14.25 sales per month, which equates to 171 per year.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Property investors who have had real estate in Innaloo, 6018 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -12.50%
The five-year average increase in median property values for Innaloo,6018 has given property investors a potential capital gain of -13.40% across each of those five years.
Property investors looking for a bargain in Innaloo should be aiming for at least -6.36% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 9.13km from the CBD, Innaloo is one of Stirling localities in the postcode 6018.
Located to Perth's north-west, one suburb in from City Beach, Innaloo combines city living with coastal beauty and an easygoing lifestyle.
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Just 10 minutes to Perth by car, Innaloo features a number of recreational parks, excellent public transport and close proximity to Osborne Hospital, a major employer in the area.
The suburb also boasts high quality public and private schools, is close to a train station and bus depot and features a major shopping complex.
The suburb is becoming increasingly sought after by investors and a number of developments have been occuring recently as the area grows.Full summary
Selling points: Innaloo is a very sought after area, located close to a train station and bus depot, a major shopping centre, great schools and the freeway.
Most sought after properties: Typically anything over two bedrooms, lock up garage, air conditioning and outdoor area
Most common properties: A mix of old & new
Top amenities: High quality public and private schools, a great shopping centre, plenty of public space and proximity to the beach
Local industry and business: Most residents are commuters to the CBD
Recent changes: Residential development is increasing in the area as demand grows and the suburb is a very busy one
Best streets: Anywhere in this suburb is in demand
Public transport: One of the best in the state
Main arteries: Get to the beach in five minutes; walk to the train station and bus depot; walk or take a very quick drive to a major shopping centre; 10 minutes’ drive to Perth city.