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%
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.