Are you considering investing in property in Innaloo? 

Here’s what you need to know:

There are currently 123 houses available for sale in Innaloo, with a
median property price of $650,000 and an annual capital growth of 6.56%. In the
past 12 months, there have been 151 house sales with an average of only 13 days
on the market, making it a potentially attractive location for property
investment.

If you’re thinking about buying a house in Innaloo for investment
purposes, you’ll be pleased to know that rental yields are currently sitting at
4.34% with an average median rent of $625 per week. The housing market in
Innaloo has seen 2.36% growth in the past quarter and 6.56% growth in the past
12 months.

In addition to its potential for property investment, Innaloo is a growing
suburb, with a 7.9% increase in population between 2011 and 2016. The
predominant age group is 30-39 years old, and the majority of households are
childless couples. The suburb has a high percentage of professional workers and
owner-occupied homes, with mortgage repayments ranging from $1800 – $2399 per
month.

Finally, Innaloo has plenty of green space, with 5 parks covering almost
5.4% of the total area, making it an attractive location for those who enjoy
the outdoors.

In summary, with its attractive capital growth, high rental yields, and
growing population, Innaloo could be an excellent location for property
investors looking to expand their portfolio.