Suburb Profile Report for Innaloo WA (6018)

Innaloo House: Median price $578,250, Annual capital growth 1.51%, Number of sales 170, Weekly median advertised rent $440

Innaloo Unit: Median price $400,000, Annual capital growth -1.05%, Number of sales 128, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Innaloo has had a pretty good year for property investment returns compared to the rest of WA, giving investors a capital gain of 3.26% to date .

If we look at median property appreciation over just the last three months, Innaloo has given property investors a paper return of 0.35%. This puts Suburb as 147 on a list of fastest fasting appreciating suburbs in WA

On average over the past year, suburb has had 14.17 sales per month, which equates to 170 per year.

WA has seen average median house prices change by -4.66% which means that Innaloo, 6018 has not done well for property investors by showing a capital gain of -13.98% over the last year

Across a shorter period, Innaloo, 6018 has seen a median price increase of -2.68% over the last quarter.

In the last year 128 properties changed hands in Innaloo, which puts it as the 8th most active market in WA when comparing the number of sales per suburb.

With the median price for a house in Innaloo being $400000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 5.13%

Catherine Daymond Information supplied by:

Catherine Daymond
Residential Realty

M 0412 717 940
O 9446 5005

W www.residentialrealty.com.au
E cathy@residentialrealty.com.au
Located to Perth's north-west, one suburb in from City Beach, Innaloo combines city living with coastal beauty and an easygoing lifestyle.
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.

Close
Metrics i HOUSE UNIT
$578,250 $400,000
0.35% -2.68%
3.26% -13.98%
1.51% -1.05%
$440 $395
170 128
3.96% 5.14%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Innaloo WA
Demographics
Total population 7647
Median household income ($/weekly) 1449
Median age of persons 35
Median housing loan repayment ($/monthly) 2200
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 636 8.3
    25-34 years 1865 24.4
    35-44 years 1095 14.3
    45-54 years 765 10.0
    55-64 years 702 9.2
    Others 2584 33.8
    Age Group
    Census Count Percent(%)
    Not Married 2848 48.8
    Registered Married 2130 36.5
    Defacto Relationship 858 14.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4584 64.8
    Indonesia 142 2.0
    Papua New Guinea 265 3.7
    United Kingdom 666 9.4
    Other 397 5.6
    Others 1019 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 163 2.4
    Christianity 4353 63.6
    Hinduism 131 1.9
    Islam 84 1.2
    No Religion 2038 29.8
    Others 70 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 267 9.1
    $400-$599 260 8.9
    $1,500-$1,999 354 12.1
    $2,000-$2,499 249 8.5
    $2,500-$2,999 365 12.4
    Others 1441 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2820 45.9
    Not in the labour force 1893 30.8
    Employed, worked part-time 1010 16.4
    Employed, away from work 255 4.1
    Unemployed, looking for work 172 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 491 12.0
    Professionals 1200 29.4
    Technicians & trades workers 565 13.8
    Clerical & administrative workers 638 15.6
    Sales 338 8.3
    Others 853 20.9
    Occupation
    Census Count Percent(%)
    Pre-school 80 6.0
    Infants/Primary 324 24.3
    Secondary 261 19.6
    Technical or Further Educational Institution 164 12.3
    University or other Tertiary Institutions 444 33.3
    Others 62 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 4056 58.8
    Separate house 2663 38.6
    Flat, unit or apartment 184 2.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1285 39.9
    Being purchased 1086 33.7
    Fully owned 812 25.2
    Other tenure type 35 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals