Innaloo is in the TOP 20% in WA when comparing median price capital growth over the last year. Innaloo gave property investors a very good capital gain figure when compared to the rest of the state, with 4.28%.
The five-year average increase in median property values for Innaloo,6018 has given property investors a potential capital gain of 4.46% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Innaloo, 6018. Typically our figures indicate that -4.55% is being offered, which puts this WA suburb at 2553th most discounted overall in Australia.
Advertised rents are around the $440 mark per week – giving a return of 3.91% based on the median price in Suburb
Over the last year, property investments in Innaloo, 6018 have given investors a capital gain of -13.68%. This compares badly with the -5.01% for WA as a whole.
A -15.46% growth in median value for property investors in Innaloo,6018 puts this suburb at number 84th in terms of best performing suburbs in WA
Vendor discounting in Innaloo is giving property investors an average Vendor Discount of around -6.52%. This puts suburb at number 82th in WA when ranking the most discounted suburbs.
On average over the past year, suburb has had 10.50 sales per month, which equates to 126 per year.
With the median price for a house in Innaloo being $410000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.95%
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.