With a capital gain of 0.04% for the last 12 months, Innaloo, 6018 has performed for property investments than its average annual 1.76% property growth over the last 5 years.
Innaloo,6018 has offered an average of 0.04% return per annum in house price rises to property investors over the last three years.
At number 387th of WA’s most discounted properties, Innaloo is in the TOP 10% of the state/territory when listing in order of most discounted to least.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.97%, without taking into account capital value appreciation, which has been averaging out at 1.76%.
Innaloo has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -11.38% to date .
Taking the average capital gain, or increase in median house value, Innaloo,6018 has racked up an average of -11.38% over the period. This ranks it number 1660th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Innaloo is offering property investors an average of -8.43. This rate of discount on properties puts Suburb at number 72th in terms of most discounted suburbs in WA
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.