Property investors who have had real estate in Innaloo, 6018 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.70%
A -14.68% growth in median value for property investors in Innaloo,6018 puts this suburb at number 190th in terms of best performing suburbs in WA
The most recent median price for Innaloo is $520000, with sellers offering an average of -6.32% off the asking price.
With a capital gain of -6.59% for the last 12 months, Innaloo, 6018 has performed for property investments than its average annual -1.61% property growth over the last 5 years.
A -20.74% growth in median value for property investors in Innaloo,6018 puts this suburb at number 90th in terms of best performing suburbs in WA
The most recent median price for Innaloo is $397000, with sellers offering an average of -5.01% off the asking price.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of -1.61%, investors should hope to achieve an overall return of 5.24%
Information supplied by:
0412 717 940
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.