At number 3691th in the list of Australian suburbs ordered by increase in median house value over the last year, Innaloo, 6018 is in the BOTTOM 20% with a property value increase of -7.94% recorded in median house prices.
While Innaloo,6018 ranked number 322th in WA for increase in median house value (annualised) increase, it is ranked 223th over the last 5 years.
Innaloo6018 is located in WA which offers an average discount of -8.15% to property investors. Innaloo itself is showing figures that indicate -6.18% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.
Innaloo has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -4.20% to date .
While Innaloo,6018 ranked number 32th in WA for increase in median house value (annualised) increase, it is ranked 58th over the last 5 years.
At number 70th of WA’s most discounted properties, Innaloo is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 3.16%, investors should hope to achieve an overall return of 4.78%
Located to Perth's north-west, one suburb in from City Beach, Innaloo combines city living with coastal beauty and an easygoing lifestyle.
Information supplied by:
0412 717 940
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.