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Innaloo

Suburb Profile

Innaloo - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6018

house
unit

INNALOO, 6018 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $520,000.

Profits due to an downward trend in home prices in the suburb averaged -2.16% per annum over a 3-year period.

INNALOO now ranks at the 295th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in INNALOO are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $425 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In INNALOO, homes and units usually stay on listing for an average of 69.2 days.

In 2016, 146 properties were sold in INNALOO during the past year, making it the 352nd most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $520,000 $411,000
GROWTH REPORT
Median Quarterly -2.8% -0.24%
Median 12 month -5.45% -2.14%
Median 3 years -6.47% -11.61%
Median 5 years -14.68% -20.19%
10 years average annual 0.28% -0.79%
Weekly media advert. rent $425 $400
Time on Market 69.2 days 92.3 days
Gross Rental Yield Percent 4.25% 5.06%
demographics (median values)
Total Population
6473
Weekly Household Income
1002
Household Size
2.10
demographics
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