Get a property report and suburb profile for any property in Innaloo

Innaloo centres on a busy retail precinct anchored by Westfield Innaloo, with shops, cinemas and local services. Residential streets nearby mix mid-century weatherboard and brick houses, low-rise unit complexes and newer infill townhouses, so the neighbourhood suits first-home buyers, renters and people downsizing. Flat streets make amenities easy to walk to, and everyday life here tends to revolve around retail, cafés, local parks and short trips to Scarborough Beach.

About 9,592 people live in Innaloo, with a median age of 36 and a median household income of $1,862 a week. Homes are more often owner-occupied than rented (59.3% owned, 40.7% rented), and families are largely couple-based, split between those with and without children. Regular bus links, nearby Stirling train station and major Stirling City Centre transport upgrades, including an upgraded bus interchange and improved freeway and station access, strengthen local connections. Whether Innaloo suits you depends on whether you value a practical, suburban base with strong retail and transport links near the coast.

On the figures, housing in Innaloo looks stretched against local incomes at the last Census. Average weekly rents are $850 for houses and $760 for units, which is about 45.7% and 40.8% respectively of a typical local household's weekly income at the last Census, so each would take a large share of that income. Median sale prices are also well above what people locally earned at the last Census: the median house at $1,160,000 is about 12.0 times a local year's household income and the median unit at $795,000 is about 8.2 times. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The clearest movement in Innaloo over the past year was in house prices, which climbed 19.3%, a strong rise. Unit values increased 9.5%, a solid gain. On the income side, house rents rose 9.7% and unit rents rose 9.4%, both solid increases over the 12 months.

For someone weighing Innaloo up as an investment, the figures separate capital growth from rental income. House capital growth outpaced house rental growth this year, while unit values and unit rents moved at almost the same pace. Whether that pattern matches your priorities depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.