Innaloo WA

Postcode 6018 · Stirling LGA

Innaloo is a mid-sized suburb in Western Australia within the Stirling local government area (postcode 6018). With a population of 9,592, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $97K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.

The median house price in Innaloo is $866,000, having surged 19.4% over the past year. Units have a median price of $605,000 (+23% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,900.

Innaloo is served by 2 schools, including 2 primary. The average ICSEA score is 1073, which is above the national average of 1,000. Public transport access includes 43 bus stops.

From an investment perspective, Innaloo offers a gross rental yield of 4.5%, rated as moderate yield. Property prices are near the state median ($866K/$951K). The price-to-income ratio of 8.9x is considered moderate. House prices have moved +19.4% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.5% Moderate Yield
Price vs State$866K/$951K Near Median
Affordability8.9x Moderate
Price Momentum+19.4% Rising
INCOME (ATO 2022-23)
Median Income$74,484
Mean Income$90,103
Earners13,829
YoY Change+3.8%
SEIFA INDEX (ABS)
Advantage7/10
Education9/10
Economic3/10
Disadvantage8/10
MEDIAN HOUSE
$866K
19.4% YoY
MEDIAN UNIT
$605K
23% YoY
MEDIAN RENT /WK
$400
POPULATION
9,592
DEMOGRAPHICS
Median Age36
Household Size2.1
HH Income /wk$1,862
Personal Income /wk$1105
Mortgage /mth$1,900
TRANSPORT
Bus Stops43
SCHOOLS (2)
Avg ICSEA1073
Total Students506
Government1
Catholic1
Yuluma Primary SchoolPrimary · Government · ICSEA 1038
St Dominic's SchoolPrimary · Catholic · ICSEA 1108
Data: 2024