Innaloo

Innaloo lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Based on analysis of ABS population updates for the broader area, as of Nov 2025 the estimated population of Innaloo statistical area (Lv2) is around 10,956. This reflects an increase of 1,364 people from the 2021 Census figure of 9,592, marking a growth of 14.2%. The change is inferred from AreaSearch's estimated resident population of 10,707 as of June 2024, along with an additional 98 validated new addresses since the Census date. This results in a density ratio of 3,445 persons per square kilometer, placing Innaloo (SA2) in the upper quartile relative to national locations assessed by AreaSearch. The area's growth exceeded the national average of 9.7% since the 2021 census. Overseas migration contributed approximately 62.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and post-2032 growth estimation, AreaSearch utilises growth rates by age cohort provided by the ABS in its latest Greater Capital Region projections (released in 2023, based on 2022 data). Future population trends project an above median growth for national statistical areas, with Innaloo (SA2) expected to expand by 1,926 persons to 2041, reflecting a total increase of 14.6% over the 17 years.

AreaSearch assessment of residential development activity positions Innaloo among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers shows Innaloo had approximately 62 dwelling approvals annually over the past five financial years, totalling around 311 homes. As of FY-26, 26 approvals have been recorded. The area has seen an average of 3.6 people moving in per year for each dwelling built between FY-21 and FY-25. This high demand outpaces supply, potentially putting upward pressure on prices and increasing competition among buyers.

New dwellings are developed at an average cost of $402,000, indicating a focus on the premium segment with upmarket properties. In this financial year, $6.5 million in commercial development approvals have been recorded, highlighting Innaloo's primarily residential nature. Compared to Greater Perth, Innaloo has experienced elevated construction activity, with 43.0% more approvals per person over the past five years.

This maintains good buyer choice and supports existing property values despite a recent slowdown in building activity. New building activity comprises 60.0% detached dwellings and 40.0% townhouses or apartments, offering options across different price points from family homes to more affordable compact living. Notably, developers are building more traditional houses than the current mix suggests (31.0% at Census), indicating strong demand for family homes despite density pressures. With around 245 people per dwelling approval, Innaloo exhibits a developing market. According to AreaSearch's latest quarterly estimate, the area is forecasted to gain 1,601 residents by 2041. If current construction levels continue, housing supply should adequately meet demand, creating favourable conditions for buyers and potentially enabling growth that exceeds current forecasts.

Innaloo has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 26 projects likely affecting this region. Notable initiatives include Westfield Innaloo Redevelopment (Westfield Stirling), Stirling City Centre Development, Underground Power Conversion Project, and Doubleview Underground Power Project. The following list details those expected to have the most relevance.

Professional plan users can use the search below to filter and access additional projects.

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The labour market in Innaloo shows considerable strength compared to most other Australian regions

Innaloo has a highly educated workforce with well-represented essential services sectors. The unemployment rate in Innaloo is 3.0%, lower than the Greater Perth rate of 4.0%.

Employment growth over the past year was estimated at 4.6%. As of September 2025, there are 6,783 residents employed with an unemployment rate of 1.0% below Greater Perth's rate. Workforce participation is similar to Greater Perth at 67.6%. Leading employment industries include health care & social assistance, professional & technical services, and education & training.

Innaloo specializes in professional & technical services with an employment share 1.2 times the regional level but has fewer manufacturing jobs compared to Greater Perth (3.0% vs 5.5%). Many residents commute elsewhere for work based on Census data. In the past year, employment increased by 4.6% while labour force grew by 3.5%, reducing unemployment by 1.1 percentage points. State-level data from 25-Nov shows WA employment contracted by 0.27%. National employment forecasts suggest growth of 6.6% over five years and 14.0% over ten years for Innaloo, based on industry-specific projections applied to its current employment mix.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2023 shows Innaloo had a median income among taxpayers of $65,141 and an average of $88,636. These figures are among the highest in Australia, compared to Greater Perth's median of $60,748 and average of $80,248. Based on Wage Price Index growth of 9.62% since financial year 2023, estimates for September 2025 would be approximately $71,408 (median) and $97,163 (average). Census data reveals individual earnings at the 85th percentile nationally are $1,105 weekly, while household income ranks at the 56th percentile. Distribution data shows 33.0% of individuals earn between $1,500 - 2,999, aligning with the broader area's 32.0%. High housing costs consume 17.5% of income, but strong earnings place disposable income at the 55th percentile, and the area's SEIFA income ranking places it in the 7th decile.

Innaloo displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

Innaloo's dwelling structures, as per the latest Census, consisted of 31.3% houses and 68.7% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Perth metro had 59.6% houses and 40.4% other dwellings. Home ownership in Innaloo was at 22.2%, with the rest being mortgaged (37.1%) or rented (40.7%). The median monthly mortgage repayment was $1,900, lower than Perth metro's $1,950. The median weekly rent was $400, compared to Perth metro's $350. Nationally, Innaloo's mortgage repayments were higher at $1,900 versus Australia's average of $1,863, while rents were also higher at $400 compared to the national figure of $375.

Innaloo features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households account for 57.7% of all households, including 19.7% couples with children, 26.4% couples without children, and 10.4% single parent families. Non-family households constitute the remaining 42.3%, with lone person households at 35.6% and group households making up 6.6%. The median household size is 2.1 people, which is smaller than the Greater Perth average of 2.4.

Innaloo shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Innaloo is notably higher than broader benchmarks. Specifically, 40.1% of residents aged 15+ hold university qualifications, compared to 27.9% in Western Australia (WA) and 29.0% in the Small Area 4 (SA4) region. This educational advantage is attributed to a significant proportion holding bachelor degrees (28.1%), followed by postgraduate qualifications (8.0%) and graduate diplomas (4.0%). Vocational credentials are also prominent, with 31.5% of residents aged 15+ holding such qualifications, including advanced diplomas (11.7%) and certificates (19.8%).

Educational participation is high, with 25.8% of residents currently enrolled in formal education. This includes tertiary education (7.8%), primary education (6.9%), and secondary education (4.6%).

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Innaloo has 51 active public transport stops operating, offering a mix of train and bus services. These stops are served by 19 individual routes that collectively facilitate 5615 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 170 meters from the nearest stop.

Service frequency averages 802 trips per day across all routes, equating to approximately 110 weekly trips per individual stop.

The level of general health in Innaloo is notably higher than the national average with prevalence of common health conditions low among the general population though higher than the nation's average across older, at risk cohorts

Innaloo shows better-than-average health outcomes with lower prevalence of common conditions among its general population compared to national averages. However, among older cohorts at risk, these conditions are higher than average.

Approximately 62% of Innaloo's total population (6,835 people) has private health cover, significantly higher than the national average of 55.7%. Mental health issues and arthritis are the most prevalent medical conditions in Innaloo, affecting 8.8% and 6.9% of residents respectively. About 71.7% of residents claim to be free from medical ailments, slightly lower than Greater Perth's 73.0%. The area has 17.3% (1,895 people) of residents aged 65 and over, presenting some health challenges requiring additional attention compared to the broader population.

Innaloo was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Innaloo, surveyed in June 2016, had a higher cultural diversity than most local markets. 21.5% of its residents spoke a language other than English at home, and 37.4% were born overseas. Christianity was the predominant religion, with 42.0% adherents.

Judaism, however, was overrepresented, comprising 0.1% compared to Greater Perth's 1.4%. In terms of ancestry, the top groups were English (26.9%), Australian (20.1%), and Other (10.8%). Some ethnic groups showed notable differences: Hungarian at 0.5% in Innaloo vs 0.2% regionally, South African at 1.0% each, and Croatian at 1.1% both locally and regionally.

Innaloo's population is slightly younger than the national pattern

Innaloo's median age is 36 years, nearly matching Greater Perth's average of 37 years, which is modestly under Australia's median age of 38 years. Relative to Greater Perth, Innaloo has a higher concentration of residents aged 25-34 (22.6%) but fewer residents aged 5-14 (7.6%). This concentration of 25-34 year-olds is well above the national average of 14.5%. Between the 2021 Census and the present, the population aged 35 to 44 has grown from 17.2% to 18.5%, while the population aged 25 to 34 has declined from 24.2% to 22.6%. By 2041, demographic modeling suggests Innaloo's age profile will evolve significantly. The cohort aged 75-84 is projected to grow by 74%, adding 451 residents to reach a total of 1,065. Senior residents aged 65 and above are expected to drive 60% of population growth, indicating demographic aging trends. Conversely, the cohorts aged 0-4 and 35-44 are expected to experience population declines.