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Innaloo, WA 6018

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,080,000

market range $1.0M-$1.2M

Median Unit

$785,000

list-price estimate

Gross Yield (units)

5.1%

1yr Growth (houses)

+17.5%

market range +7.5% to +25.0%

Investment snapshot for Innaloo

Innaloo has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Innaloo market and investor summary

In Innaloo, WA 6018, the median house sells for around $1.1M. House prices have moved +17.5% over the past year. At 1.0% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking.

Living in Innaloo: people, income and schools

Innaloo is home to around 9,592 people, and the area has been growing steadily, up about 8% over five years. At a median age of 36, it reads as broadly working-age, and families account for 58% of households.

The typical household income runs to around $97,000 a year (about $1,860 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 11.2 times local household income, so affordability is a genuine constraint on local buyers.

Families have 47 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Innaloo sits about 8.8 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 65 for walkability and 27 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
9,592
+8% over 5yr
Median age
36 years
Median household income
$97,000/yr
Households renting
40%
Family households
58%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
47
avg ICSEA 1111
Unemployment
2.2%
Distance to CBD
8.8 km
Walk score
65/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Innaloo

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Frequently asked questions about Innaloo

What should I check before investing in Innaloo?

Innaloo has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.1%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +17.5% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Innaloo?

The median property price in Innaloo, WA 6018 is $1.1M for houses.

What rental yield does Innaloo show?

The gross rental yield in Innaloo is 5.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Innaloo?

House prices in Innaloo are up 17.5% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Innaloo?

The current vacancy rate in Innaloo is 1.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Innaloo?

Innaloo has a population of approximately 9,592 residents, with a median age of 36.

What schools are near Innaloo?

There are 47 schools within roughly 5km of Innaloo. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Innaloo affordable to buy in?

A median house in Innaloo costs about 11.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Innaloo's population growing?

The population of Innaloo has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Innaloo from the CBD?

Innaloo is about 8.8 km from the CBD.

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