Innaloo, 6018 ranked 122th in WA when comparing growth in median property values or capital gain over the last 12 months. Innaloo is one of 1662 in our list for WA
When looking at the potential capital gains offered to property investors over the last 3 years, Innaloo comes in at number 164th in WA.
Sellers are offering property buyers an average discount of -5.60% to buyers in Innaloo at the moment, which is less than average for the rest of WA.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.02%, without taking into account capital value appreciation, which has been averaging out at 1.67%.
WA has seen average median house prices change by -4.49% which means that Innaloo, 6018 has not done well for property investors by showing a capital gain of -11.46% over the last year
The five-year average increase in median property values for Innaloo,6018 has given property investors a potential capital gain of -11.99% across each of those five years.
Our latest figures would indicate that property sellers in Innaloo are currently offering property investors an average price cut of -6.33% below the asking price at the moment.
Residents and property investors in Innaloo have been waiting around 113 days to sell a property.
Innaloo is 37th on a list of best yielding suburbs for rents in WA with a 4.89% return
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.